Insurance coverage active
Sky Lending (formerly MakerDAO)'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 protocol-sponsored insurance coverage confirmed for Sky Lending as of 2026-04-28. Nexus Mutual Protocol Cover for MakerDAO DSR/sDAI listed September 5, 2023 is user-purchasable cover (individuals protect their own deposits) — not protocol-sponsored. Immunefi is a white-hat bug bounty, not loss insurance. No Sherlock, Unslashed, or equivalent protocol-paid cover found. TVL ~$5.5B; 5% protocol-sponsored green threshold would require ~$275M coverage — not met.
Sources #
- URLMakerDAO DSR / sDAI / Spark Protocol listed in Nexus Mutual UI — Nexus Forum (September 5, 2023)Nexus Mutual forum: MakerDAO DSR / sDAI listing September 5 2023 — confirmed user-purchasable, not protocol-sponsoredretrieved 2026-04-28
- Sky Bug Bounties — ImmunefiImmunefi Sky program — bug bounty (white-hat program, not loss insurance)retrieved 2026-04-28
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 →