defirisk.co
rubric v1.7.0

Insurance coverage active

Convex Finance'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 insurance coverage found for Convex Finance core protocol. Searched Nexus Mutual (no Convex-specific listing returned in search results; app.nexusmutual.io/cover product page returns no Convex listing), Sherlock (no Convex coverage found), Unslashed (no information). Data cache confirms no Immunefi program exists. At $613M TVL, absence of any protocol-level insurance coverage is a meaningful gap. Individual users may purchase third-party cover independently, but no protocol-facilitated or protocol-maintained insurance found.

Sources #

  • Internal
    Convex Finance Data Cache — Insurance and Bounty fields00-data-cache.json: bug_bounty.platform null; no Immunefi program listed for convex-financeretrieved 2026-05-16
  • URL
    Nexus Mutual Cover ProductsNexus Mutual cover app — no Convex Finance listing foundretrieved 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 convex-finance factor RD-F-089 score red collected_at 2026-05-16 02:41:28