Insurance coverage active
Pendle Finance's assessment for RD-F-089 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Nexus Mutual bundled protocol cover includes Pendle (alongside EigenLayer and Ether.fi), protecting against smart contract hacks/exploits, oracle manipulation/failure, severe liquidation failure, and governance attacks. Coverage is available for user purchase on Nexus Mutual/OpenCover. Active user-purchased coverage for Pendle strategies confirmed to exist. However: (a) exact coverage amount not determinable from available sources; (b) this is user-side insurance, not protocol-held coverage; (c) no Sherlock protocol-level coverage for Pendle confirmed; (d) coverage amount vs TVL ratio unknown. Yellow: coverage exists but scope/amount unconfirmed relative to TVL.
Sources #
- URLNexus Mutual — Bundled Protocol Cover launch (EigenLayer + Ether.fi + Pendle)Nexus Mutual bundled cover launch — includes Pendleretrieved 2026-04-29
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 →