Insurance coverage active
Lombard Finance'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 Nexus Mutual, Unslashed, or Sherlock protocol-level insurance coverage found for Lombard Finance or LBTC at $1.07B TVL. Immunefi vault ~$40K USDC is bug bounty escrow, not insurance. Symbiotic economic guarantee layer is bridge-level economic security, not protocol exploit insurance. Industry-structural gap: proportionate coverage at $1B+ BTC restaking TVL is not available from existing DeFi insurance providers.
Sources #
- URLhttps://immunefi.com/bug-bounty/lombard-finance/information/retrieved 2026-05-05
- https://www.lombard.finance/blog/lbtc-security-and-transparency/retrieved 2026-05-05
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 →