Nexus Mutual
Nexus Mutual provides an alternative to insurance for Ethereum users.
What is Nexus Mutual?
Founded in 2017 by Hugh Karp, Nexus Mutual is an alternative to insurance for Ethereum users. Members can buy coverage to protect against material losses when transferring funds into a protocol’s smart contracts or keeping funds with a custodian. Nexus Mutual is a discretionary mutual. Each member holds NXM tokens, which represent proportional ownership of the mutual. Members are responsible for governance, capital provision, and risk and claims assessment.
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Nexus Mutual alternatives
Explore web3 competitors and apps like Nexus Mutual.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
