Lower Price, Same Industry Leading Cover

Protecting your crypto just got even more affordable. Now it’s possible to cover your crypto for less than 1% for an entire year! 

As the industry leading and longest operating crypto insurance alternative, Nexus Mutual is constantly reviewing the risk profiles of major DeFi projects. Our team of risk experts and underwriters identified 11 battle-tested protocols that were eligible for lower pricing. By allowing a minimum price below 1% APY, we have unlocked greater flexibility within the protocol that allows underwriters to offer competitive pricing for key protocols. 

Low Cost, Comprehensive Cover

If you’re looking for the lowest possible price to protect your crypto while earning yield, choose from one of the following protocols:

• Sky Protocol: 0.81%

• Curve: 0.69%

• Inverse Finance sDOLA: 0.57%

• Savings crvUSD (scrvUSD): 0.29%

• 1Inch: 0.22%

• 0x v3: 0.22%

• Uniswap v3: 0.16%

• Uniswap v2: 0.12%

• Sky Savings Rate (sUSDS): 0.11%

• DAI Savings Rate (sDAI): 0.11%

• Safe: 0.11%

Since everything we do is transparent and onchain, our community has already started taking advantage of these pricing updates with one investor covering almost $4 million in sUSDS in a single transaction!

Nexus Mutual is building a future where millions of people can affordably protect their assets using decentralized solutions.

Lower pricing is a major step towards building that future and is possible due to the strength of the Nexus Mutual protocol, deep capital pool, and advancements from other leading DeFi protocols.

"DeFi summer was nearly five years ago," said BraveNewDeFi, Head of Product & Risk at Nexus Mutual. "Since then, we've seen many blue chip protocols become battle-tested. The in-house actuarial model we've built indicates lower pricing is now possible for select listings, and lower pricing will help us onboard more members and protect a greater number of DeFi users."

“As insurance markets develop, you see underwriters becoming more familiar and comfortable with the risks,” said Hugh Karp, Founder at Nexus Mutual. “The same thing is happening here in DeFi where certain protocols have proved themselves to be extremely reliable stewards of digital assets. We expect to see the cost of cover continue to go down as more protocols mature.”

Whether you are new to DeFi or an experienced trader, it’s a great time to take advantage of the lower cost of cover. Protect your crypto today!

You’re Covered with Nexus Mutual‍