Nexus Mutual
Nexus Mutual is a decentralized insurance protocol on Ethereum that provides coverage against smart contract exploits, custodian hacks, and protocol failures. Members pool funds to underwrite coverage policies, and claims are assessed through a community-driven governance process using the NXM token. As one of the first DeFi insurance protocols, Nexus Mutual has paid out millions in claims from major exploits. The protocol operates as a discretionary mutual, combining traditional insurance pr...