Covered Origin WETH ARM
Covers two things at the Covered Origin WETH ARM vault: a hack draining it, and separately the vault's token losing its fixed value. The person running the vault buys it for the people who deposited there, so you do not buy it yourself.
We have not analysed this listing yet. The numbers below come straight from the provider; what the cover actually says is not verified here.
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.
| Pool | Free capacity | Share of free | Price | Status |
|---|---|---|---|---|
| BraveNewDeFi's Pool#22 | $634k | 50% | 1.16% | ready |
| Nexus Mutual Community Staking Pool#23 | $558k | 44% | 1.16% | ready |
| OpenCover#8 | $65k | 5% | 1.16% | ready |
3 pools are listed for this cover, 0 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.
Source: Nexus Mutual · Snapshot 2026-09-05 08:15 UTC