Insurance
Insure your digital assets with DeFi insurance tokens. Protect against smart contract risks.
7 days at the top this week: $wNXM is dominating the category
Down 6 places this week, $UNO is losing steam
$TIDAL sank to a 12 gem score this week
$wNXM · 69 gem score this week
Up 41% this week, $NSURE is gaining ground
6 tokens rose and 9 fell this week
$USF · 0 gem score this month
$NXM +5 places this month
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Wrapped NXMwNXM | $65.99 | 5.8% | 5.1% | 30.7% | $26.40M | $76,189 | 68.66 | Wrapped+1 | 4,972 | 0.4489 | – |
OnRe Tokenized ReinsuranceONyc | $1.143 | -0.0% | 0.1% | 1.0% | $193.75M | $4.54M | 65.11 | RWA+1 | 8,588 | 0.232 | – |
ReRE | $0.431 | -0.4% | -1.3% | 2.6% | $68.99M | $1,494 | 60.75 | 10,173 | 0.208 | 446.06 | |
ArmorARMOR | $0.0002204 | 4.2% | 3.8% | 26.9% | $152,656 | $64.1 | 59.84 | 14,895 | 0.1529 | – | |
Nexus MutualNXM | $65.98 | 5.1% | 4.7% | 30.8% | $111.31M | $0 | 55.88 | Utility+1 | 3,794 | 0.2793 | 61.89 |
Bridge MutualBMI | $0.0004881 | -0.4% | 0.3% | -10.9% | $78,240 | $3.568 | 48.77 | 11,259 | 0.4311 | – | |
insuranceinsurance | $105.63 | 2.0% | -0.5% | 10.4% | $10.65B | $10,623 | 48.52 | Utility+1 | 56,023 | 0.0061 | – |
NsureNSURE | $0.001081 | 1.6% | 0.8% | 7.1% | $60,905 | $0 | 44.66 | Utility+1 | 2,847 | 0.4144 | – |
SLTSLT | $3.042 | -0.4% | -3.7% | 17.0% | $310.55M | $15,436 | 43.4 | Utility+2 | 15,597 | 0.2292 | – |
LunosUNO | $0.00005904 | 0.0% | 20.9% | 48.0% | $13,757 | $0 | 29.93 | Utility+1 | 4,258 | 0.4581 | – |
UnslashedUSF | $0.001033 | – | – | – | $88,637 | $1.354 | 20.74 | 1,408 | 0.2652 | – | |
iTrust FinanceITG | $0.0002662 | – | – | – | $11,683 | $0 | 20.54 | Utility+1 | 528 | 0.4538 | – |
Bright UnionBRIGHT | $0.0005112 | – | 0.0% | – | $56,323 | $0 | 18.18 | 1,083 | 0.3056 | – | |
Tidal FinanceTIDAL | $0.066 | 0.0% | -69.9% | -79.4% | $14,138 | $0 | 13.91 | 1,008 | 0.3807 | – | |
Cover ProtocolCOVER | $0.162 | 1.3% | -1.2% | 27.6% | $6,595,099.85T | $0.1536 | 12.9 | 6,090 | 0 | – |
Frequently asked questions
How has Insurance performed recently?
The DeFi Insurance category has shown mixed signals over the past month. Over the last 30 days, 13 tokens were up compared to 3 down, with Lunos (UNO), Nexus Mutual (NXM), and Bridge Mutual (BMI) being notable climbers in rank and score. Meanwhile, Unslashed (USF), SLT, and Bright Union (BRIGHT) were among the fallers. Over a shorter, 7-day window, the market breadth narrowed, with 7 tokens up and 9 down. Lunos (UNO) continued its upward trend, while Cover Protocol (COVER) also saw an increase. Conversely, Bright Union (BRIGHT), Armor (ARMOR), and Unslashed (USF) experienced declines in rank. OnRe Tokenized Reinsurance (ONyc) recorded the highest score over 30 days, while Green (GREEN) had the highest score over the last 7 days.
What are DeFi insurance tokens?
DeFi insurance tokens represent a stake in a decentralized insurance protocol. Holders often participate in governance and may earn rewards for providing capital to cover potential claims.
How do DeFi insurance protocols work?
DeFi insurance protocols allow users to purchase coverage against various risks in the decentralized finance space, such as smart contract vulnerabilities or stablecoin de-pegging. The premiums collected and capital provided by token holders are used to pay out valid claims.
What types of risks can DeFi insurance cover?
DeFi insurance can cover a range of risks, including smart contract hacks, oracle failures, stablecoin de-pegging, and even certain exchange hacks, depending on the specific protocol and policy.
What are the benefits of using DeFi insurance?
Benefits include protecting your digital assets from unforeseen events, decentralization of risk assessment and claims processing, and potential for yield generation for those who provide capital to the insurance pools.
How do I choose a reliable DeFi insurance token or protocol?
When choosing a DeFi insurance token or protocol, consider factors such as the protocol's track record, the types of risks it covers, the size of its coverage pools, its audit history, and the reputation of its community and team.