ether.fi Partners with Nexus Mutual to Protect Against ETH Slashing at Institutional Scale
[PRESS RELEASE – London, United Kingdom, July 17th, 2026]
ether.fi, the main onchain neobank for digital asset administration, has chosen Nexus Mutual to present crypto’s largest-ever ETH Slashing Cover. The cowl protects ether.fi‘s validators in opposition to up to 15,000 ETH value of slashing penalties.
As ether.fi continues to see fast adoption from each retail and institutional audiences, securing industry-leading safety in opposition to slashing danger for ether.fi customers is vital. Over the final 12 months, ether.fi has been systematically strengthening their stack throughout infrastructure, danger administration, operational safety and real-time protection methods.
Since ether.fi operates one of many largest validator units on Ethereum, slashing is an actual tail danger for them. By working with Nexus Mutual, ether.fi has mitigated this with safety that kicks in to safe in opposition to validator losses. This cowl was calculated to shield ether.fi in even probably the most excessive situations and represents greater than all historic losses from ETH slashing mixed.
“We’ve all the time believed the most secure protocols will in the end win. That’s why we’ve invested closely in audits, operational safety, staking structure, and now the biggest insurance coverage program within the {industry}. We are excited to accomplice with Nexus Mutual to make this a actuality,” stated Mike Silagadze, Founder & CEO of ether.fi.
“We’ve identified the ether.fi group since earlier than it was ether.fi, they usually’ve been targeted on danger from day one. Covering their customers for up to 15,000 ETH in slashing penalties is a historic step, and we’re proud they selected Nexus Mutual to take it with them,” stated Hugh Karp, Founder of Nexus Mutual.
About ether.fi
ether.fi is the main onchain neobank for digital asset administration. With $6B+ in AUM throughout Cash (crypto card), Stake (restaking), and Liquid (liquid restaking derivatives), ether.fi has established class dominance in crypto neobanking. It’s the uncommon institutional-grade product constructed for shopper adoption.
About Nexus Mutual
Nexus Mutual is the primary crypto insurance coverage various. Since 2019, they’ve lined greater than $7 billion in opposition to good contract hacks, slashing, and different digital asset dangers. As the {industry} chief, they’ve develop into a trusted accomplice for everybody from people to establishments to assist handle onchain danger.
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