Insurance coverage active

BENQI'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 third-party insurance coverage on BENQI as of 2026-05-16. Nexus Mutual's September 2025 '20+ New Cover Listings' blog post does not include BENQI. Nexus Mutual app and Sherlock protocol list do not show BENQI coverage. No Unslashed coverage found. The $277M TVL (lending + LST) carries zero proportional user-loss indemnification. BENQI's Chainalysis CIR partnership (Nov 2023) provides post-exploit fund-tracking capability but is not insurance coverage. Threshold: red = no active coverage.

Sources #

URL
Nexus Mutual New Cover ListingsNexus Mutual '20+ New Cover Listings' (Sep 2025) — BENQI not listedretrieved 2026-05-16
URL
Nexus Mutual Cover AppNexus Mutual app — BENQI not found in covered protocolsretrieved 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 →

rubric_version v1.7.0 protocol benqi factor RD-F-089 score red collected_at 2026-05-16 11:02:12