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Single Protocol Cover

Hyperliquid Core

Protects the buyer #130
Read our analysis
Active cover $2.3M
Free capacity $11.6M
Utilisation 16.6%
Annual price 4.37%

Product annex

The terms apply to the product type. This annex applies to this listing alone: it names the covered address, the deductible and the sublimits. Read it before relying on the numbers above.

Open annex (PDF) →

Who backs this cover

Capacity does not come from Nexus itself. Staking pools put it up, and their managers decide which products they underwrite and at what price. Read live from the provider API.

PoolFree capacitySharePrice
#2$4.0M34%5.46%
#5$2.8M24%5.45%
#22$1.7M15%4.37%
#23$1.5M13%5.45%
#1$1.4M12%5.45%
#8$209k2%5.00%

Backed by 6 pools. Share refers to free capacity, so it shows who could still write new cover, not who carries what is already bought.

Active cover $2.3M
2026-07-21 today
Free capacity $11.5M
2026-07-21 today
Annual price 4.58%
2026-07-21 today

Source: Nexus Mutual API · Snapshot 2026-07-21 10:47 UTC · History is recorded by us daily, change only.

COVERRACCOON

Independent analysis of DeFi cover. We read the terms nobody else opens.