defirisk.co
rubric v1.7.0

Insurance coverage active

Stake DAO'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 protocol-level insurance coverage active. OpenCover/Nexus Mutual integration (Oct 2025) enables users to individually purchase coverage for their positions — this is opt-in user-side insurance, not a protocol-operated fund underwriting aggregate TVL ($160M). The 2021 Nexus Mutual Shield Mining partnership established a coverage marketplace (10,000 SDT incentives to NXM stakers) but is not protocol-operated coverage. No Sherlock coverage contest found. No protocol treasury allocation to an insurance fund confirmed in governance reports. Structural gap at $160M TVL.

Sources #

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 stake-dao factor RD-F-089 score red collected_at 2026-05-16 12:29:20