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Nexus Mutual

@nexusmutual.io

Nexus Mutual uses the power of blockchain technology and Ethereum to allow people from all over the world to share risk together without the need for an insurance company.

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About

Description

Nexus Mutual is a pioneering brand that harnesses the power of blockchain technology and Ethereum to provide a unique insurance alternative. With Nexus Mutual, individuals from all around the world can come together to share risks without the involvement of traditional insurance companies. Nexus Mutual offers a wide range of innovative products and services.


Their comprehensive cover ensures superior protection against various risks, bringing you peace of mind. They also provide protocol cover to shield against failures in individual protocols and ETH slashing cover to protect ETH validators from penalties and missed rewards. In addition, their yield token cover safeguards interest-bearing tokens from depegging events, while their custody cover shields against losses on centralized exchanges.


Nexus Mutual's ecosystem is designed to cater to real-world risks as well. At Nexus Mutual, members play an active role. They can purchase cover products to protect against supported risks, and risk and pricing experts can create staking pools to assess and manage risk.


Members can also delegate their staked NXM, provide underwriting liquidity, and earn rewards. Safety is a top priority for Nexus Mutual. Their code undergoes regular security audits by industry-leading auditors, and they have implemented a bug bounty program in collaboration with Immunefi to encourage responsible vulnerability disclosures.


Experience the insurance alternative for crypto and beyond with Nexus Mutual, where risk sharing meets transparency and technology. Stay up to date with their weekly updates for the latest developments

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Company Type

Privately Held

Company Size

11-50

Year Founded

2017

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