defirisk.co
rubric v1.7.0

Insurance coverage active

Balancer (v2 + v3)'s assessment for RD-F-089 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

No active Nexus Mutual, Sherlock, Unslashed, or equivalent protocol-level insurance coverage confirmed for Balancer. Searches returned no Balancer-specific active cover on any major DeFi insurance platform. Green threshold: ≥5% of TVL = ≥$5.8M active coverage on current $115.8M TVL. Given November 2025 $128M exploit and Labs wind-down, no insurer would realistically offer proportionate cover at this point. Score: red.

Sources #

  • URL
    https://nexusmutual.io/retrieved 2026-04-28

Methodology #

Determine whether active coverage on Nexus Mutual, Unslashed, Sherlock, or equivalent is in force; record cover size in USD.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol balancer factor RD-F-089 score red collected_at 2026-05-05 12:41:36