Insurance coverage active
Jupiter Perpetual Exchange'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 the JLP pool ($691.3M TVL) on any major platform. Nexus Mutual: Ethereum-based; no Solana protocol cover product confirmed. Sherlock: no Jupiter Perps coverage or contest found. Immunefi: no Jupiter Perps insurance product (the OOOSec bug bounty announced May 2025 is a separate disclosure-incentive program, not an insurance product). Unslashed: no coverage identified. JLP holders bear full financial risk of net trader P&L — $691M pool with no insurance backstop is a material gap for a protocol of this scale.
Sources #
- URLImmunefi — Bug Bounty ExplorerImmunefi bounty explorer — searched 'Jupiter'; no Jupiter Perps insurance/coverage listing found; only bug bounty platform, not insuranceretrieved 2026-05-16
- Nexus MutualNexus Mutual website — searched 'Jupiter'; no Jupiter Perps protocol cover product found; Nexus Mutual primarily covers Ethereum protocolsretrieved 2026-05-16
- What is JLP? — Jupiter SupportJLP Economics support page — no insurance fund or third-party coverage mentioned; JLP holders are the counterparty to all trader positions with no insurance 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 →