Insurance coverage active

Orca'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 Orca Whirlpools on Nexus Mutual, Sherlock, or Unslashed. Nexus Mutual protocol cover list and Sherlock protocol list do not include Orca. The bug bounty program is a disclosure/remediation mechanism, not insurance coverage. At $254M TVL, absence of insurance is a material structural gap. A secondary source (cryptonews.net) referenced 'multi-layered insurance' in the context of the Drift hack, but this appears editorial and is not confirmed by Orca's own documentation or primary insurance platform listings. Red threshold: no active coverage.

Sources #

URL
Nexus Mutual — Orca Whirlpools not listed as a covered protocolhttps://nexusmutual.ioretrieved 2026-05-16
Docs
Orca documentation — DEX/AMM; no stablecoin producthttps://docs.orca.soretrieved 2026-05-16
URL
Orca Immunefi Bug Bounty Programhttps://immunefi.com/bug-bounty/orca/retrieved 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 orca factor RD-F-089 score red collected_at 2026-05-16 02:39:16