defirisk.co
rubric v1.7.0

Insurance coverage active

Liquid Collective (LsETH)'s assessment for RD-F-089 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Active slashing coverage via Nexus Mutual — three-layer Slashing Coverage Program: Nexus Mutual umbrella (up to $5M), Slashing Coverage Treasury (0.30% of rewards), Node Operator Commitment. CoverageFund contract 0x32aac358b627b9feaa971cc33304027a41e49a81 holds treasury. At $766.86M TVS, $5M cap = 0.65% of TVS (well below green threshold of >=5% TVL). Coverage scope is slashing-only; does not cover smart-contract exploits, oracle manipulation, or governance attacks. Score: yellow (active but <5% TVL; scope narrower than smart-contract risk).

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 liquid-collective factor RD-F-089 score yellow collected_at 2026-05-16 19:46:23