Insurance coverage active
Meteora'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 on Nexus Mutual, Sherlock, Unslashed, or any equivalent platform for Meteora. Nexus Mutual is EVM-focused and does not list Solana protocols. Sherlock conducted a Dynamic Vault audit (v0.9.4) but audit engagements do not automatically confer ongoing coverage; no Sherlock coverage program for Meteora found. TVL at assessment: $319.87M. Even 5% coverage floor would require ~$16M active cover — not found. Structural gap: Solana DeFi insurance infrastructure is materially less developed than EVM-chain equivalents.
Sources #
- URLNexus Mutual — protocol cover listingsNexus Mutual protocol cover page — Meteora not listed; Solana protocols generally not coveredretrieved 2026-05-16
- Data-cache — no insurance coverage fields00-data-cache.json: no insurance fields populated; Sherlock audit for Dynamic Vault v0.9.4 confirmed in audits repo but is a point-in-time audit engagement, not ongoing coverageretrieved 2026-05-16
- DefiLlama API: Meteora TVLDefiLlama protocol data: TVL $319.87M at 2026-05-16 — context for insurance gap magnituderetrieved 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 →