Nexus Mutual Partners with Symbiotic to Leverage Universal Staking Capital

Nexus Mutual is expanding onchain coverage possibilities by partnering with Symbiotic, the universal staking protocol. This enables Nexus Mutual to tap into a broader range of onchain capital sources, opening up new opportunities for stakeholders across the DeFi ecosystem, from stakers to institutional investors, protocols and beyond.

Strengthening the Foundation for Onchain Reinsurance

This partnership represents a major step toward solving one of crypto’s most persistent structural challenges: the lack of scalable, transparent reinsurance infrastructure. With access to additional restaked underwriting capital, Nexus Mutual can expand and deepen capacity across a wider set of protocols and asset classes.

“For years, onchain risk markets have struggled to scale because capital was fragmented across isolated pools,” said Misha Putiatin, Co-Founder of Symbiotic. “By introducing composable underwriting infrastructure, we’re unlocking scalable, permissionless risk markets where capital can finally work across multiple layers of the ecosystem. This isn’t just an improvement in efficiency, it's something that can finally get us to scale”

“As there continues to be greater institutional adoption of DeFi, investors have been asking Nexus Mutual to cover risks at an even larger scale,” said Hugh Karp, Founder of Nexus Mutual. “By working with Symbiotic, we’re making sure our onchain cover solutions can fit the needs of any institutional investor or protocol.”

Powering the Next Phase of DeFi Risk Management

This milestone reflects a broader evolution in DeFi, from speculative capital flows to sustainable, yield-bearing activity grounded in real economic utility. As institutional involvement deepens and onchain capital becomes more sophisticated, underwriting is a core component of how networks manage obligations and transfer risk.

You’re Covered with Nexus Mutual

About Symbiotic

Symbiotic is a universal staking protocol that provides a modular coordination framework for the blockchain ecosystem. It enables protocols to evolve their security models over time and unlock entirely new economic primitives. Backed by Paradigm, Pantera Capital, Coinbase Ventures, cyberFund, and over 100 angel investors, Symbiotic launched over a dozen production decentralized networks, and the list keeps expanding with additional networks in various stages of integration. 

For more, visit Ecosystem at https://symbiotic.fi