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Single Protocol Cover

Targen Cover

Protects the buyer Private listing #470

Pays if your money in Targen Cover 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.

Active cover $0
Free capacity $13k
Utilisation 0.0%
Annual price from 1.08%

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
OpenCover#8$13k100%1.08%ready

1 pool is 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.

Active cover $0
Free capacity $13k
Cheapest annual price 1.08%

Source: Nexus Mutual · Snapshot 2026-09-05 08:15 UTC

COVERRACCOON

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