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Nexus Mutual DAO

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

ProtocolEthereumNXM
Quiet40out of 100

as of 2 September 2026

Verdict

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

Key figures

Total treasury
$2.2m
DefiLlama · 2 Sept 2026
Held in own token
83%
DefiLlama · 2 Sept 2026
Proposals (90 days)
3
Snapshot · 2 Sept 2026
Proposals reaching quorum
0.0%
Snapshot · 2 Sept 2026
Distinct voters
9
Snapshot · 2 Sept 2026
Days since last decision
7
Snapshot · 2 Sept 2026

Health breakdown

Activity

30% of the score80

Activity is steady: 3 proposals in the last 90 days, against 8 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 score17

83% of the treasury is the organization's own token, so its value moves with that 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 diversification17

What changed

Nothing has changed in the last 30 days.

Treasury

Treasury composition by asset class
Own token$1.8m83%
Stablecoins$191.6k8.7%
Other major assets$166.3k7.6%
Other$8.7k0.4%

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

Health score over the last year

Text version of this chart
Health score over the last year
DateValue
1 Sept 202640
2 Sept 202640

Recent proposals

  1. [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
  2. [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
  3. 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
  4. 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
  5. 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
  6. 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
  7. [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
  8. 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 · 2 Sept 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 votes2 Sept 2026, 03:51 UTC
SnapshotVoting power by address2 Sept 2026, 03:51 UTC
DefiLlamaTreasury composition2 Sept 2026, 03:51 UTC

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