Insurance coverage active
Marinade 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 insurance coverage found for Marinade Finance on Nexus Mutual, Sherlock, or Unslashed. Nexus Mutual does not list Marinade as a covered Solana protocol. Sherlock focuses on EVM protocols. At $602M TVS, even a 5%-of-TVL coverage floor would require $30M of active cover — structurally unavailable for Solana LSTs at this scale. Structural red: Solana DeFi protocols at this TVL tier lack meaningful third-party insurance infrastructure. Pre-mark confirmed per process-learnings (F089 near-default red for Solana LSTs at $500M+).
Sources #
- URLNexus Mutual — Crypto InsuranceNexus Mutual homepage — no Marinade/mSOL coverage foundretrieved 2026-05-16
- Marinade 00-data-cache.json — insurance gap confirmationData cache — no insurance data field populated; OSINT search confirms no coverage foundretrieved 2026-05-16
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 →