Insurance coverage active
Kinetiq'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 third-party smart contract coverage found. Nexus Mutual's 20+ new cover listings blog post (their most recent coverage expansion) does not include Kinetiq or any Hyperliquid-native protocol; Nexus Mutual noted Q1 2026 intent to support non-EVM protocols but has not listed Kinetiq. No Sherlock or Unslashed cover found. The Cantina bug bounty ($5M critical max) is a vulnerability discovery incentive — NOT user-fund insurance. $840M TVL with zero third-party cover is a structural red for this factor.
Sources #
- URLKinetiq kinetiq-contracts bounty — CantinaCantina bounty page — bug bounty program, not user-fund insurance; Critical max $5M reward for vulnerability disclosureretrieved 2026-05-17
- 20+ New Cover Listings — Nexus MutualNexus Mutual 20+ new cover listings — Kinetiq and Hyperliquid-native protocols not includedretrieved 2026-05-17
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 →