defirisk.co
rubric v1.7.0

Insurance coverage active

Uniswap (v2 + 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 protocol-level insurance coverage identified for V2 or V3. Nexus Mutual offers user-level LP cover, not a protocol-level policy. Sherlock does not list Uniswap V2 or V3. No Unslashed or equivalent found. Green threshold (≥5% of $2.74B TVL = ≥$137M) is not met. Contextual note: immutable design + zero exploit record materially reduces practical risk of this gap. Combined: red.

Detail #

Searched Nexus Mutual (https://nexusmutual.io/) — individual LP position cover is available for users but no protocol-level smart contract insurance policy held by Uniswap Labs or the Uniswap DAO was found. Sherlock (https://www.sherlock.xyz/) active protocol coverage list does not include Uniswap V2 or V3 as a covered entity. No Unslashed or equivalent active protocol policy located. The green threshold per methodology is ≥5% of TVL in active coverage — on the combined ~$2.74B TVL, this requires ≥$137M in active coverage, a practically unreachable bar for any DeFi protocol at this scale. Contextual note: V2 and V3 are fully immutable with zero smart contract exploit history across ~132 combined months — the practical risk this insurance gap represents is materially lower than for a protocol with upgrade paths and prior exploits. The rubric requires an objective check regardless of context. Score: red.

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 uniswap factor RD-F-089 score red collected_at 2026-05-12 10:36:11