Live from Nexus Mutual and our own recording

Pools

Two different things share the word 'pool'. One capital pool holds the real assets that pay claims. Many staking pools hold NXM and decide which products get capacity. Both compositions, at a glance.

The capital pool

What's actually sitting in the pool contract right now, read live from the chain (getAssets + balances), not a cached snapshot.

ETH

$8.7M 10%

stETH

$22.4M 26%

Enzyme Vault

$26.6M 31%

rETH

$13.8M 16%

0xcafe…6c13

6290.9758

USDC

$3.6M 4%

cbBTC

$243,334 0%

Other (not individually priced)

$11.9M 14%

Sum of the assets above: $87.3M · Nexus’ own figure (getPoolValueInEth): $87.3M. This breakdown prices ETH, stETH, rETH, USDC, DAI, cbBTC and the Enzyme investment vault at their own live rates; anything still unpriced is folded into “Other” above so the total always reconciles to Nexus’ own figure. For the DAO’s own view, see the Dune dashboard.

Asset mix, by share $87.3M

Enzyme Vault 30.5% $26.6M 15,348 Enzyme Vault
stETH 25.6% $22.4M 11,807 stETH
rETH 15.9% $13.8M 6,248 rETH
Other (not individually priced) 13.6% $11.9M
ETH 9.9% $8.7M 4,570 ETH
USDC 4.1% $3.6M 3,620,406 USDC
cbBTC 0.3% $243k 3.8083 cbBTC

Composition over time

ETH $8.7M

stETH $22.4M

Enzyme Vault $26.6M

rETH $13.8M

0xcafe…6c13

No value available.

USDC $3.6M

cbBTC $243k

Other (not individually priced) $11.9M

Staking pools

Staking pools don't hold ETH or stablecoins - they hold NXM, and that NXM decides how much capacity each product gets. This is their real composition: which products they underwrite, and how concentrated that bet is.

Active pools 32

Total allocated coverage (NXM) 2.37M NXM

Total staked (NXM) 562.0k NXM

Leverage 4.21×

Coverage can exceed stake: the same staked NXM in a pool can back several products at once (leverage), so allocated coverage is not the same NXM sitting somewhere.

Allocated coverage, market-wide 2.37M NXM

Staked NXM, market-wide 562.0k NXM

Leverage (coverage / stake) 4.21×

BraveNewDeFi's Pool 789.7k NXM

Ether.fi Slashing

20%

SyrupUSDC / PYUSD (Kamino)

14%

10%

+55 more products

32 products would lose all coverage if this pool stopped

Hugh 572.4k NXM

31%

16%

16%

Real World Insurance Vault

+17 more products

6 products would lose all coverage if this pool stopped

Nexus Mutual Community Staking Pool 420.9k NXM

Ether.fi Slashing

32%

SyrupUSDC / PYUSD (Kamino)

14%

+20 more products

5 products would lose all coverage if this pool stopped

Nexus Foundation 253.9k NXM

27%

22%

18%

13%

SyrupUSDC / PYUSD (Kamino)

11%

InfiniFi

+4 more products

1 product would lose all coverage if this pool stopped

Unity Cover 209.3k NXM

32%

30%

19%

10%

Blue Chip Morpho Vaults & Markets

+3 more products

3 products would lose all coverage if this pool stopped

OpenCover 92.6k NXM

Hyperliquid Core

19%

OpenCover Steakhouse HYI USDC Base

13%

Noon DeFi Deployment 2

11%

OpenCover Smokehouse USDC

10%

Request Finance

OpenCover Savings xDAI

+22 more products

14 products would lose all coverage if this pool stopped

Crypto K&R 29.6k NXM

K&R A

68%

K&R B

32%

2 products would lose all coverage if this pool stopped

Gm Exit Here (GLP) Pool 0 NXM