defirisk.co
rubric v1.7.0

Insurance coverage active

Fluid's assessment for RD-F-089 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

No active insurance coverage from Nexus Mutual, Sherlock, Unslashed, or equivalent found for Fluid's TVL ($931M). Web searches returned no Fluid/Instadapp-specific active coverage from any platform. Sherlock Fluid DEX v2 contest (audits.sherlock.xyz/contests/1225, $200K prize) is an audit competition, not ongoing protocol coverage. Process learnings: insurance gap is near-default red for large-TVL protocols. $931M TVS with zero confirmed DeFi insurance = red.

Sources #

Methodology #

Determine whether active coverage on Nexus Mutual, Unslashed, Sherlock, or equivalent is in force; record cover size in USD.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol fluid factor RD-F-089 score red collected_at 2026-04-29 10:35:01