Ether.fi Selects Nexus Mutual for ETH Slashing Coverage
2026-07-17 13:43:48
Ether.fi has chosen Nexus Mutual to provide ETH slashing coverage for its validators, covering penalties on up to 15,000 ETH. Ether.fi said it operates a large validator set on Ethereum and described slashing as a tail risk. According to ChainCatcher, the coverage is meant to protect against validator losses and exceeds the total historical ETH slashing losses. Ether.fi said assets under management in its Cash, Stake, and Liquid products exceed $6 billion. Nexus Mutual said it has provided more than $7 billion in coverage since 2019 for smart contract attacks, slashing, and other digital asset risks.
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