We’re excited to announce the launch of Fund Portfolio Cover, a new way for DeFi funds, VCs, and institutional investors to protect against many onchain risks.
Nexus Mutual developed a new product to cover a fund’s entire yield-generating portfolio. Fund Portfolio Cover allows investors to earn a profitable yield while being protected from worst case scenarios arising from smart contract risk, governance attacks, and more.
Fund Portfolio Cover is the only product on the market that:
Built with institutional investors in mind, Fund Portfolio Cover is an easy way for crypto funds to protect their assets with a single cover. Nexus Mutual works closely with each fund to analyze and monitor the exposure in their portfolio, setting an overall price to protect against common DeFi risks.
Fund Portfolio Cover is cost effective and comprehensive. With Fund Portfolio Cover, a fund is protected against losses caused by:
Dialectic, a leading DeFi fund, was the first to leverage this new product, buying over $22 million worth of cover across their two yield-generating funds. With Fund Portfolio Cover, they were able to secure both of their funds with a single product, saving time and money. This allowed Dialectic to generate yield profitably while protecting against many of the worst-case scenarios in DeFi across over 20 protocols.
Fund Portfolio Cover is an important tool for any serious DeFi investor. If you are an investor, VC, or fund manager who wants to learn more about Fund Portfolio Cover, please fill out this contact form and our team will be in touch with you.
About Nexus Mutual
Nexus Mutual is the largest and most-trusted crypto insurance alternative. Founded in 2017, Nexus Mutual has paid out over $18 million in claims while underwriting nearly $5 billion in assets. From individuals to institutions, Nexus Mutual helps keep people safe from the unique risks in crypto.