Insurance coverage active
Beefy Finance's assessment for RD-F-089 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Nexus Mutual provides protocol cover for Beefy across multiple chains, and Beefy's own docs link to the insurance page. Multiple Nexus Mutual claims have been processed with $5M payout approvals per Nexus Mutual reports. However, the insurance is user-purchased (individuals buy cover, not Beefy as a protocol backstop). Current Beefy TVL is $119.7M; no single insurance contract covers the full TVL. No Sherlock protocol-level cover confirmed for Beefy. Yellow — insurance coverage exists at the individual-user level via Nexus Mutual but is not protocol-funded and does not proportionally cover protocol TVL.
Sources #
- DocsBeefy Insurance docsdocs.beefy.finance/safety/insurance — Nexus Mutual coverage listed; user-level option, not protocol backstopretrieved 2026-05-16
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 →