Upfront Proof of Loss

Cover purchases on Nexus Mutual now capture proof of loss up front. Add the addresses for the positions you're covering and they're saved from day one - private, editable, and visible only to you.

What's New

The purchase flow includes a private field for the covered wallet details.

This information is stored in a secure database offchain, and no public record connects those addresses to your purchase.

On your covers page, the address sits behind a sign-to-reveal display, only visible to the wallet holder.

If the position migrates to a new wallet mid-cover, you can easily update the entry without having to start over.

Claims Made Simple

Designating the wallet at the start makes claims an even smoother process. Filing is quick and simple, giving you one less thing to worry about during a stressful situation. 

Nexus Mutual is proud to have paid 100% of valid claims, and we're always looking for ways to make it easier for our members in the aftermath of a covered event.

Covering EVM & Beyond

Nexus Mutual is built on Ethereum, and our claims process relied on a member signing a message to prove ownership of their affected wallet, something that was difficult to extend to non-EVM networks at scale. That’s why cover for other ecosystems stayed bespoke, structured privately one fund at a time. 

Building the infrastructure to track proof of loss upfront brings our cover to new blockchains. The first non-EVM listings are already live: Kamino, Raydium, Orca, and Jupiter launched for Solana. Current is live for Sui, and other ecosystems can follow the same path. 

For more information about getting coverage for non-EVM protocols, reach out to our team.

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