Neptune Mutual is a multi-chain, decentralized parametric cover protocol that allows users to protect their digital assets from on-chain security risks. Unlike traditional insurance, it does not require loss evidence to process claims; payouts are triggered automatically and immediately by a resolution vote from its governance token holders once a covered event is confirmed. The platform enables users to purchase cover policies for various DeFi projects and stablecoins, while also allowing liquidity providers to earn yield by staking capital in the underwriting pools that back these policies. The company's mission is to provide robust and transparent risk management solutions to bolster the security and confidence of the entire DeFi ecosystem.

Founded in

United Kingdom