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$7,151.65

$0

Stablecoins$7,151.65

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.

Category:Insurance

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 ($392,322.5)InsurAce ($133,607.45)InsureDAO ($123,656.08)Bridge Mutual ($56,233.65)Lunos ($39,125.81)Nexus Mutual ($88.29m)Easedefi.org ($3.83m)3F Mutual ($3.7m)Unslashed ($2.86m)Ensuro ($1.92m)

Frequently Asked Questions

What is Neptune Mutual?

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.

What is Neptune Mutual's TVL?

Neptune Mutual currently has $0 in total value locked.

What chains does Neptune Mutual operate on?

Neptune Mutual operates on 3 chains: BSC, Arbitrum, and Ethereum.

How does Neptune Mutual's TVL compare to similar protocols?

Among Insurance protocols tracked by DefiLlama, Neptune Mutual ranks #27 by TVL. The category holds $104.34m across 28 protocols, and Neptune Mutual accounts for 0% of that total. Other leading protocols include Nexus Mutual, Easedefi.org, and 3F Mutual.

Does Neptune Mutual have a treasury?

Neptune Mutual has a tracked treasury currently valued at $7,151.65. Its holdings include $7,151.65 in stablecoins.