Aster
Pays if your money in Aster is lost to a hack: a bug in the code being exploited, wrong prices being fed in, or someone hijacking the vote to push through a harmful update. Covers your own deposit.
We have not analysed this listing yet. The numbers below come straight from the provider; what the cover actually says is not verified here.
Nexus Mutual does not set prices; the staking pools do, each for itself. A purchase is filled from the cheapest capacity first, so the price depends on how much you buy. $131k are available at 3.99%; taking the whole capacity costs 6.27%. Both figures come from Nexus itself.
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. This is the state from our latest daily reading.
| Pool | Free capacity | Share of free | Price | Status |
|---|---|---|---|---|
| BraveNewDeFi's Pool#22 | $1.3M | 46% | 4.88% | writing |
| Hugh#2 | $815k | 29% | 6.27% | ready |
| Nexus Mutual Community Staking Pool#23 | $558k | 20% | 4.50% | ready |
| OpenCover#8 | $131k | 5% | 3.99% | writing |
4 pools are listed for this cover, 2 of them already carrying it. The share is share of FREE capacity: it answers who could write the next policy, not who carries what is already bought.
History since 2024-09-01 is reconstructed weekly from on-chain data (dollar values derived via the NXM daily rate); the recent part is recorded live daily. The oldest stretch covers active cover only: free capacity and price cannot be reconstructed that far back.
Capital behind this product
Two different things, side by side. Allocated cover is measured: what the backing pools actually earmarked for this product. Attributable capital is derived: each pool weighted by this product’s share of its underwriting book, times that pool’s staked NXM in the same week. The ratio between them is the leverage the mutual runs on this product.
Currently about 3.7 NXM of cover per NXM of capital behind it. Weekly, reconstructed from the chain. Tranches belong to pools, not to products: the same capital carries several products at once, so the attributable share is an allocation, not a ring-fenced pot.
What buyers paid
Nexus Mutual publishes active cover and capital, but not what buyers actually paid. This figure is read from the purchase receipts one by one: the transfer to the capital pool, or the NXM burned when the premium was settled in NXM.
It is a floor, not a total. For 0 of the 5 recorded policies the amount could not be read, mostly because the premium was paid in ETH, which leaves no readable event in the receipt. Those are counted as zero here rather than guessed.
The yearly price counts only policies running 28 days or longer. Shorter ones are almost always top-ups covering the remaining days of an existing policy; annualising a single day would produce rates that look alarming without a single figure being wrong.
Source: Nexus Mutual · Snapshot 2026-09-05 09:04 UTC