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Nexus Mutual DAO

Nexus Mutual is the first crypto insurance alternative—covering crypto risks since 2019

ProtocolEthereumNXM
Quiet54out of 100

as of 19 October 2026

Verdict

Quiet: proposals still appear, and most of them fail to reach the quorum the organization set for itself.

Key figures

Total treasury
$15.9m
DefiLlama · 19 Oct 2026
Held in own token
11%
DefiLlama · 19 Oct 2026
Proposals (90 days)
3
Snapshot · 19 Oct 2026
Proposals reaching quorum
0.0%
Snapshot · 19 Oct 2026
Distinct voters
9
Snapshot · 19 Oct 2026
Days since last decision
2
Snapshot · 19 Oct 2026

Health breakdown

Activity

30% of the score80

Activity is steady: 3 proposals in the last 90 days, against 9 over the year.

Snapshot

Participation

30% of the score23

Participation is low: only 0.0% of recent proposals reached their quorum.

Snapshot

Treasury diversification

20% of the score89

89% of the treasury is held in assets other than the organization's own token.

DefiLlama

Vote decentralization

20% of the score27

Only 9 addresses voted across the last three settled proposals.

Snapshot

What moved the score

  • Activity80
  • Participation23
  • Treasury diversification89

What changed

  • 17 Oct 2026Treasury rose from $2.1m to $16m.
  • 17 Oct 2026Health score rose from 38 to 54.
  • 17 Oct 2026One new proposal.

Treasury

Treasury composition by asset class
Own token$1.8m11%
Stablecoins$4.9m31%
Other major assets$166.2k1.0%
Other$9m57%

Treasury values move with token prices. See the daily history for how this figure has changed.

Governance activity

Proposals per month

Text version of this chart
Proposals per month
2025-111
2025-121
2026-031
2026-042
2026-071
2026-082
2026-101

Health score over the last year

Text version of this chart
Health score over the last year
DateValue
1 Sept 202640
2 Sept 202640
3 Sept 202640
4 Sept 202640
5 Sept 202640
6 Sept 202640
7 Sept 202640
8 Sept 202640
9 Sept 202640
10 Sept 202640
11 Sept 202640
12 Sept 202640
13 Sept 202640
14 Sept 202640
15 Sept 202640
16 Sept 202640
17 Sept 202640
18 Sept 202640
19 Sept 202640
20 Sept 202639
21 Sept 202640
22 Sept 202639
23 Sept 202640
24 Sept 202639
25 Sept 202639
1 Oct 202640
2 Oct 202639
3 Oct 202639
4 Oct 202639
5 Oct 202637
6 Oct 202637
7 Oct 202637
8 Oct 202637
9 Oct 202637
10 Oct 202637
11 Oct 202637
12 Oct 202637
13 Oct 202637
14 Oct 202637
15 Oct 202638
16 Oct 202638
17 Oct 202654
18 Oct 202654
19 Oct 202654

Recent proposals

  1. NMPIP 266: Investment Cleanup and Simplification

    16 Oct 2026
    Off-chain voteOpenProposals reaching quorum: 1.3%View the original
  2. [NMPIP 265 - Part B - Fern Re] Fern Re Formation, Capital Commitment & Governance Approval

    25 Aug 2026
    Off-chain voteQuorum not metProposals reaching quorum: 57%View the original
  3. [NMPIP 265 - Part A - Re Investment] Fern Re Formation, Capital Commitment & Governance Approval

    25 Aug 2026
    Off-chain voteQuorum not metProposals reaching quorum: 57%View the original
  4. NMDP 15: DAO Teams Budget Request Proposal (August 2026 to July 2027)

    6 Jul 2026
    Off-chain voteQuorum not metProposals reaching quorum: 28%View the original
  5. NMDP 14: Using DAO Community Staking Pool Funds to Pass Aggregate Risk onto Symbiotic Restakers

    22 Apr 2026
    Off-chain voteQuorum not metProposals reaching quorum: 59%View the original
  6. NMDP 13: Replacing the Current DAO Treasury Signers with Nexus Mutual Advisory Board + Security Team Members

    22 Apr 2026
    Off-chain voteQuorum not metProposals reaching quorum: 59%View the original
  7. NMDP 12: Recognition and Ratification of the Community Fund as Part of the Terrapin International Foundation Ecosystem Treasury

    16 Mar 2026
    Off-chain voteQuorum not metProposals reaching quorum: 64%View the original
  8. [NMPIP] Real-World Insurance Vault: Bringing Insurance Returns to Crypto Capital

    10 Dec 2025
    Off-chain voteQuorum not metProposals reaching quorum: 37%View the original
  9. NMPIP: Lend 5,160 ETH via the Morpho Steakhouse ETH Vault on Ethereum

    12 Nov 2025
    Off-chain voteQuorum not metProposals reaching quorum: 31%View the original

Participation and power

Top voters in recent votes

  1. 10x87B2…5d4558%
  2. 20xa50E…a70239%
  3. 30x8D38…aAE71.9%
  4. 40x923C…1b830.6%
  5. 50xd6CE…eDA90.4%
  6. 60xcC66…463a0.0%
  7. 70x955D…8F4B0.0%
  8. 80x4AdA…1c6b0.0%
  9. 90x8876…17640.0%

Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.

Snapshot · 19 Oct 2026

Sources and verification

Every figure on this page was read from one of these. Each row links to the page a person can check.

SourceReadWhen
SnapshotProposals and votes19 Oct 2026, 03:05 UTC
SnapshotVoting power by address19 Oct 2026, 03:05 UTC
DefiLlamaTreasury composition19 Oct 2026, 03:05 UTC

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