Insurance coverage active

Spark 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 user-facing insurance coverage found on Nexus Mutual, Sherlock, Unslashed, or equivalent for SparkLend. Immunefi bug bounty is whitehat reward program, not user-facing insurance. Per methodology: red = no active coverage. Common state at this TVL tier ($5.25B). Binary factor.

Sources #

URL
https://defillama.com/protocol/sparkretrieved 2026-04-21

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 spark factor RD-F-089 score red collected_at 2026-04-27 01:00:42