defirisk.co
rubric v1.7.0

Insurance coverage active

Veda (BoringVault)'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 #

No active Nexus Mutual, Unslashed, or Sherlock insurance cover found for BoringVault/Veda. Web search 'Nexus Mutual OR Sherlock insurance coverage Veda BoringVault 2025 2026' returned no Veda-specific listing. Immunefi bug bounty (https://immunefi.com/bug-bounty/veda/) exists ($1M max) but is a vulnerability bounty, not insurance cover — distinct products. With ~$1.07B current TVL and no active insurance cover, this is a structural gap. Yellow: insurance cover is not universal at this TVL tier for vault-infra layers, and the Immunefi bounty provides partial economic protection for critical bugs, but the absence of coverage is notable.

Sources #

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 veda factor RD-F-089 score yellow collected_at 2026-05-17 12:41:22