Insurance Coverage

High Gain Vault Insurance Coverage

To ensure the highest level of security for our users, the hgETH vault maintains a comprehensive insurance policy through Nexus Mutual. This coverage protects the vault's assets against smart contract vulnerabilities and protocol-specific risks.

Coverage Overview

The hgETH vault is protected by a 30-day rolling cover that utilizes a portfolio-level approach. This ensures that as the vault's underlying allocations shift between different yield strategies, the insurance remains aligned with the current risk profile.

  • Provider: Nexus Mutual

  • Product: High Gain Vault

  • Total Coverage Amount: 9,769.35 ETH

  • Duration: 30 Days (Rolling)

Key Features

  • Portfolio-Level Protection: Coverage applies across the entire vault rather than a single static allocation.

  • AUM Coverage: The policy covers up to 50% of the Total Assets Under Management (AUM).

  • Dynamic Alignment: Includes explicit caps per protocol and defined deductibles, allowing the coverage to stay effective even as the vault rebalances.

Proof of Coverage

You can verify the status and authenticity of this insurance coverage directly on the blockchain:

Resource

Link

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