⚠️ An attacker drained $40M in tokens from the GMX v1 GLP pool on Arbitrum ⚠️ Even when a protocol has undergone multiple audits & bounties while operating for years, it's nearly impossible to eliminate every risk No company is too big to get hacked. That's why Nexus is here ⤵️

It’s unrealistic price prediction szn 🫣

1/ 🚀 Nexus Mutual has led the way in onchain coverage, protecting DeFi from smart contract risks, custody failures, depegs & more. We're now preparing for the next growth phase. Here’s the vision & proposals to scale 📈🧵

Exploit Bounty Opens We will allow the attacker a 12h grace period starting now to contact us, after which a bug bounty will be opened rewarding 10% of funds returned if the intel leads to a recovery. We already have several leads regarding the IP addresses and on-chain

🏆 MILESTONE UNLOCKED 🏆 🛡️ We've now covered over $100,000,000 of protocol and depeg risk 🤝 Thanks to our users and core partners Nexus Mutual @Base @Coinbase for helping us keep the world safe onchain: here's to the next $100M! Want to protect your onchain wealth? Read on👇

Tomorrow marks 10 years of eth, the foundation enabling countless innovations across blockchain and DeFi, including Nexus Mutual 🤝 Here’s to the next decade of building and beyond!

$6👏Billion👏Covered👏 Since 2019, Nexus Mutual has protected over $6 billion against smart contract hacks, governance attacks and more A huge thank you to our members, partners, and team for helping make this a reality 🤝

This person is impersonating Hugh Karp 🐢 Please report and block this scam account pictured below Be careful out there ✌️

🏆 MILESTONE 🏆 🛡️ We have covered over $300,000,000 of Request Finance crypto and stablecoin transactions. OpenCover Transaction Cover guarantees the onchain outcome of Request transactions always matches the original user intent, from flow of funds to cross-asset pricing.

This is a great explainer on how perps longs don't equate to spot longs and why Toros ♉︎ has put so much effort into building vaults to mirror spot-like exposure.

🚀 JUST LAUNCHED 🚀 🛡️ Introducing OpenYield, your go-to for *covered* DeFi yield. ⁉️ What's the big deal? Earn onchain without worrying about protocol hacks, liquidation failures or oracle manipulation. 😎 Just earn on your favourite protocols and relax. Alpha inside👇

Big news from our partners OpenCover 👀 If you're looking for a way to earn yield in DeFi but don't want to take on extra risk, this product is for you... Yield + Cover = Peace of Mind Learn how to try it for free below ⏬