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Non EVM Protocol Cover

Bluefin Liquidity Pools

Protects the buyer Private listing #459

Pays if your money in Bluefin Liquidity Pools is lost to a hack. Same idea as a normal protocol cover, just for a chain that does not run on Ethereum's technology.

We have not analysed this listing yet. The numbers below come straight from the provider; what the cover actually says is not verified here.

Active cover $520k
Free capacity $748k
Utilisation 41.0%
Annual price from 1.22%

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. This is the state from our latest daily reading.

This cover rests on a single pool. If that manager reduces their stake, the available capacity moves with it. Not a flaw, bundling is normal in insurance. We show the number, the reading is yours.

PoolFree capacityShare of freePriceStatus
BraveNewDeFi's Pool#22$748k100%1.22%writing

1 pool is listed for this cover, 1 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.

Active cover $520k
Free capacity $748k
Cheapest annual price 1.22%

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.

What buyers paid

Premiums paid $468 at least, see coverage
Coverage of this figure 100% 1 of 1 policies
Price paid, per year 1.22% of the sum insured

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 1 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

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