Insurance coverage active
mETH Protocol'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 proportionate to $535M TVL found through Nexus Mutual, Sherlock, or Unslashed. The Immunefi bug bounty ($500K max critical) is researcher incentive, not indemnification. Max bounty = 0.09% of current TVL — materially thin. No Nexus Mutual cover product for mETH found. No Sherlock audit-plus-cover pairing found. No Unslashed listing found. Near-default red for LSTs at this scale per process-learnings.
Sources #
- URLNexus Mutual — DeFi InsuranceNexus Mutual cover products — no mETH Protocol listing foundretrieved 2026-05-16
- mETH Protocol Bug Bounties — ImmunefiImmunefi mETH bug bounty page — max payout $500K critical; explicitly a bounty program, not insurance coverageretrieved 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 →