Insurance coverage active
StakeWise v3'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 third-party insurance coverage for StakeWise v3 / osETH as of 2026-05-16. The Nexus Mutual slashing-cover purchase (July 2022) was a 3-month trial for v2, expired October 2022 — not applicable to v3. StakeWise docs page for osETH confirms no insurance provider mentioned. No Sherlock, Unslashed, or Nexus Mutual v3 coverage found via search. The overcollateralization mechanism (>1 ETH per osETH minted) is protocol mechanics — not external insurance. At $795M TVL with zero third-party insurance, this is a structural red. Per briefing: near-default red for large LSTs — verified and confirmed.
Sources #
- URLStakeWise Purchases Slashing Cover From Nexus MutualNexus Mutual 3-month trial slashing cover purchased July 2022 for v2; trial expired October 2022; no renewal confirmedretrieved 2026-05-16
- StakeWise Docs — osTokendocs.stakewise.io/protocol-overview-in-depth/ostoken: no insurance provider mentioned; security relies on overcollateralization and protocol mechanics, not third-party insuranceretrieved 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 →