defirisk.co
rubric v1.7.0

Insurance coverage active

M^0'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 proportionate insurance coverage found for M^0 core Ethereum protocol ($325.5M TVS). The only Immunefi program associated with M^0 infrastructure is the KAST program (https://immunefi.com/bug-bounty/KAST/scope/) which covers only 2 Solana extension contracts (USDK Extension Program, USDKY Extension Program) with a $50,000 max payout — less than 0.02% of the $325M Ethereum TVS. This KAST program does not cover $M ERC-20 (0x866A), MinterGateway (0xf7f9), TTG governors, or the Registrar. Nexus Mutual, Unslashed, and Sherlock searches found no M^0 coverage. Data cache bug_bounty.platform = null for the M^0 slug. Structural insurance gap for a $325M RWA stablecoin.

Sources #

  • Internal
    M^0 data cache — bug bounty null for core protocol00-data-cache.json sources.bug_bounty = {platform: null, max_payout_usd: null, contracts_in_scope: [], url: null} — no Immunefi program found for M^0 core protocol slugretrieved 2026-05-16
  • URL
    Immunefi KAST Bug Bounty Scope — Solana-only, no Ethereum core coverageImmunefi KAST bug bounty scope page — 2 Solana assets in scope only (USDK + USDKY Extensions), max payout $50K, M^0 Ethereum core not in scoperetrieved 2026-05-16
  • URL
    Immunefi KAST Bug Bounty Information — $50K max payoutImmunefi KAST bug bounty information — max payout $50,000 USDC, 10% of affected funds up to $50K maxretrieved 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 m0 factor RD-F-089 score red collected_at 2026-05-16 09:46:19