Ask about Neptune Mutual
Logo of Neptune MutualNeptune Mutual(NPM)
Total Value Locked$0

TVL by Chain

BSC$0

Arbitrum$0

Ethereum$0

Key Metrics

Treasury$7,148

Majors$0

Stablecoins$7,148

Own Tokens$0

Others$0

Total Raised$10.05m

May 11, 2022$5.3mRound: Strategic Private SaleInvestors: xt.com, Gate Ventures, BitMart, LD Capital, MapleBlock Capital, Pulsar Global, DuckDAO, DWeb3, Lux Capital, Poolz Ventures, Whitelist Ventures, CryptoLark, MH Ventures

Jul 22, 2022$1.75mRound: SeedInvestors: Fenbushi Capital, Coinbase Ventures, Huobi Ventures, GravityX Capital, Hex Trust, Axiom, NVC Partners, Alphabit Digital Currency Fund

Jul 25, 2022$3mRound: Strategic Private SaleInvestors: Animoca Brands, Pacific Century Group, Genesis Block Ventures, Fundamental Labs, GSR, Cambium Grove Capital

Protocol Information

Neptune Mutual follows a parametric insurance model, meaning it provides payout on the basis of parameters instead of individual claim assessments. Upon the resolution of an incident, all the policyholders of the affected protocol will receive the payouts. Neptune Mutual eliminates individual claim assessments which makes policy easy to claim, faster, and much more reliable.

CategoryInsurance

Audits:

WebsiteGitHubTwitter

Methodology

TVL: TVL consists of the total liquidity available in the cover poolsView code on GitHubTreasury: Value of tokens owned by the protocol

Competitors

Ante Finance ($479,365)InsurAce ($140,014)InsureDAO ($123,677)Bridge Mutual ($74,290)Lunos ($40,005)Nexus Mutual ($105.84m)Easedefi.org ($4.77m)3F Mutual ($4.46m)Unslashed ($3.42m)Cozy Earn ($1.63m)