Cover market
Every active cover product on Nexus Mutual: how much cover is bought, how much is still free, and what it costs.
The mutual, on-chain
ON-CHAIN5.397
Σ Policies
236
active policies
Its own scale. Only policies that are actually running today are counted here, not every one ever issued. If someone extends their policy, it stays the same policy and counts once.
88
different buyers
The most there has ever been at once: 101. These 88 buyers hold 236 policies between them, so 2.7 each on average. What is counted is wallet addresses. Someone using several wallets is counted several times.
Prices
NXM price from Ramm, Nexus Mutual’s own exchange, measured against ETH; the dollar figure is derived from it. From 21 November 2023, days without a trade are left out.
Series from 2023-11-21. Last measured: 0.0256 ETH per NXM (2026-09-04); the dollar figure is derived from it.
Active cover
ON-CHAINRead straight from the Nexus contract: the sum insured currently in force, not a wallet balance. Recorded daily; the contract only exposes today’s state, so the series cannot reach back further.
Series from 2023-03-16
Policies per product
88 products in useWide bar: policies currently running on this product. The lighter bar inside it: how many different wallets they belong to. Where the two diverge, many policies hang on few customers. A further 106 policies are spread across the remaining products.
Biggest moves
7d- Fasanara 1 $0 -$1.7M
- vfat $357k +$46k
- Arcadia $86k +$30k
- USDai Depeg $362k +$26k
- OpenCover Ember Earn Vault $138k +$21k
- OpenCover Savings xDAI $868k -$5k
'Active cover' is how much cover is currently running on that product, right now, not a wallet balance. It rises when cover is bought or renewed, and falls when cover expires unused or a claim gets paid. The number comes from Nexus Mutual's own NXM-denominated capacity accounting and is converted to USD only for display, so it can shift a little even without a purchase.
New listings
7d- Targen Cover Single Protocol Cover from 1.08%
- OpenCover Staked Yuzu USD Vault Cover from 0.00%
Largest covers
all products →- SyrupUSDC / PYUSD (Kamino) from 1.58% $10.0M
- InfiniFi from 1.90% $5.1M
- Safe from 0.20% $4.8M
- Uniswap v3 from 0.28% $3.4M
- Yield Basis from 3.06% $3.0M
- Aerodrome from 0.62% $2.5M
- Aave v3 from 0.88% $2.3M
- Real World Insurance Vault from 2.70% $2.0M
Provider covers its customers
4/43- Native Protocol Cover: Teller 4.05% 69/100
- Slashing Umbrella Cover: Liquid Collective 2.55% 67/100
- Slashing Umbrella Cover: Ether.fi ETH 0.75% 61/100
- Slashing Umbrella Cover: Everstake 1% 57/100
39 more, not yet analysed
- Real World Insurance Vault from 2.70%
- Saffron Finance from 1.79%
- OpenCover Savings xDAI from 0.85%
- OpenCover Gauntlet USDC P OP from 0.69%
- OpenCover Steakhouse HYI USDC Base from 1.05%
- OpenCover YoUSD from 1.49%
- OpenCover Smokehouse USDC from 1.15%
- OpenCover Steakhouse H Yield I USDC from 1.20%
- OpenCover Liquity ETH Carry from 3.17%
- OpenCover Ember Earn Vault from 1.10%
- OpenCover Origin stETH ARM from 1.17%
- OpenCover SyrupUSDC from 1.16%
- OpenCover KPK USDC Y from 0.77%
- OpenCover Gauntlet USDC P B from 0.74%
- OpenCover Steakhouse AUSD Turbo from 2.69%
- OpenCover Base USDC SuperVault from 1.90%
- OpenCover KPK ETH P from 0.43%
- OpenCover Origin eETH ARM from 1.18%
- OpenCover KPK USDC PC from 0.43%
- OpenCover KPK USDT P from 0.43%
- OpenCover Steakhouse H Yield I AUSD from 1.04%
- OpenCover Quicknode from 0.90%
- OpenCover SyrupUSDT from 1.16%
- OpenCover KPK USDC P from 0.44%
- Covered Origin Ethena sUSDe ARM from 1.42%
- Covered Origin WETH ARM from 1.16%
- OpenCover Gauntlet USDC B OP from 1.03%
- OpenCover Gauntlet USDC F from 0.88%
- OpenCover Gauntlet USDC P from 0.72%
- OpenCover KPK ETH Y from 0.53%
- OpenCover KPK EURC Y from 0.43%
- OpenCover Sentora PYUSD from 1.02%
- OpenCover Smokehouse USDT from 0.80%
- OpenCover Staked Yuzu USD from 0.00%
- OpenCover Steakhouse H Yield I USDT from 0.84%
- OpenCover Steakhouse Prime I USDT from 0.78%
- OpenCover Steakhouse USDC from 0.61%
- OpenCover WBTC SuperVault from 2.85%
- OpenCover WETH SuperVault from 2.95%
Most policies protect the buyer. In these, the provider buys for its OWN customers: the protocol or staking provider pays, its users are the ones covered. Cover a broker buys for third-party users is a different thing and is not counted here.
Snapshot 2026-09-05 07:42 UTC · Deprecated listings are excluded. Private listings cannot be bought openly.