Neptune Mutual Protocol raises 5.3M$ in a private funding round after successful testnet launch View Press Release

Reduce

Your Exposure to

Crypto Market Risks

Choose a cover pool, select its duration, and enter how much you need to cover. Instantly receive your claims payout in stablecoin after incident resolution.

Connect with Us

Illustration of Neptune Planet

Trusted by Industry Leaders

Latest Updates

Check out Our Blog

We’ve Got You Covered

Get guaranteed payouts from our parametric cover model. Resolve incidents faster without the need for claims assessment.

Receive Rewards

Invest stablecoin liquidity to receive rewards and protect your favorite blockchain projects.

Get Protection

Stay protected against exchange hacks & dApp, DeFi, and smart contract exploits.

Create Covers

Build a cover protection community for your protocol, exchange, or DeFi project.

Your Cover Pool,
Your Style

Let's #buidl

Imagine how cool it would be to access all coverage features inside your own app just the way you like it.

Get the Neptune Mutual SDK

Source Code Explaining How to Add Liquidity

Source Code Explaining How to Purchase Cover

Source Code Explaining How to Add Liquidity

Source Code Explaining How to Purchase Cover

Write

Less Code

Write less code and plug in your own Web3 provider. Get complete access to all coverage features.

Use

Anywhere

Built on Typescript, the SDK works on both frontend and backend environments, on any framework.

Attract

Liquidity

With our support, you can get more visibility to bootstrap liquidity into your own cover pool.

Transparent Image for Styling

Neptune Mutual App Screenshot Bottom

Neptune Mutual App Screenshot Bottom

Transparent Image for Styling

Neptune Mutual Ecosystem

Low Risk Cover Policies

Liquidity Providers Return

Cover Creation

Low Risk Cover Policies

Zero Risk

Say goodbye to denied claims assessment.

100%+ MCR

There is always enough liquidity to pay all cover policyholders.

Dedicated Cover Pools

A hack on one project will not affect cover for another.

Stablecoin Liquidity

NPM token price won't affect cover pool liquidity.

Liquidity Providers Return

Receive Rewards

Get cover fee paid by cover policyholders.

POD Staking

Add your Proof Of Deposits (PODs) tokens to get native tokens of the cover creator.

Flash Loan Income

Income received from flash loan lendings gets added to the pool.

Lending Income

The protocol supplies a small part of the assets that are in excess of the minimum capital requirement to lending protocols.

Cover Creation

Parametric Cover

Guarantees protection and fast resolution to your cover policyholders in the event of an incident.

Capital Efficiency

Crowdfund your investor protection fund.

Your Confident, Protected Community

Build your own dedicated cover protection community within your ecosystem.

Personalized Rewards

Reward your cover protection community with your native tokens.

Protect your Funding Community

Reassurance cover for liquidity pools is available to lower the risk for liquidity providers.

Zero Risk

Say goodbye to denied claims assessment.

100%+ MCR

There is always enough liquidity to pay all cover policyholders.

Dedicated Cover Pools

A hack on one project will not affect cover for another.

Stablecoin Liquidity

NPM token price won't affect cover pool liquidity.

Receive Rewards

Get cover fee paid by cover policyholders.

POD Staking

Add your Proof Of Deposits (PODs) tokens to get native tokens of the cover creator.

Flash Loan Income

Income received from flash loan lendings gets added to the pool.

Lending Income

The protocol supplies a small part of the assets that are in excess of the minimum capital requirement to lending protocols.

Parametric Cover

Guarantees protection and fast resolution to your cover policyholders in the event of an incident.

Capital Efficiency

Crowdfund your investor protection fund.

Your Confident, Protected Community

Build your own dedicated cover protection community within your ecosystem.

Personalized Rewards

Reward your cover protection community with your native tokens.

Protect your Funding Community

Reassurance cover for liquidity pools is available to lower the risk for liquidity providers.

Our Roadmap for Growing the Neptune Mutual Ecosystem

Follow our progress. Join our community.

The Idea

Blockchain-based covers typically have a low claims-to-payout ratio. Existing cover products are unscalable, discretionary, and discriminatory. Smart contract audits do not guarantee security. Attacks on exchanges, metaverses, DApps, and DeFi protocols are increasing and getting more sophisticated.

We saw a growing need for security and reliable covers and this is what inspired us to create Neptune Mutual.

Token Design

Neptune Mutual's Lightpaper gives detailed information on our NPM token design and usage. Here are key points to take note of:

There is a fixed supply of 1 billion NPM tokens.
The minting of NPM tokens will have a timeframe of 6 years.
NPM tokens will be used for the incident reporting and resolution mechanism including other functions of the protocol such as creating a cover. The team are working on developing a range of other utility features for the NPM token.

Fundraising & Team Building

Neptune Mutual successfully closed its seed round backed by industry leaders including Fenbushi and Coinbase Ventures. Soon after, Animoca Brands led the strategic investment round, and finally a private round was completed in Q2 2022 with an impressive list of investors bring total funds raised to over 10M USD.

Neptune Mutual has grown quickly from 3 cofounders to a team of over 25, based in countries across the world.

Diversified Cover Pools

This new feature enables a diversified cover pool creator to create a master liquidity pool that supplies underwriting liquidity to a number of different projects. Each project defines their respective trigger parameters and cover policies; users can buy cover policies from these individual projects. Because liquidity from the diversified cover pool is underwriting multiple different projects with diversified risk, the diversified cover creator can choose to leverage the underwriting liquidity to provide more than 1 DAI of cover for 1 DAI of liquidity. Diversified Cover Pools therefore cannot provide the absolute guarantee of payout to policyholders in the way that Dedicated Cover Pools can, however for a variety of applications and market sectors Diversified Cover Pools offer a number of very significant advantages.

2nd Protocol Audit

The Neptune Mutual Protocol second code audit will be carried out by Open Zeppelin. The full audit report will be published on the Neptune Mutual website when it is available.

Our Team

We are a global and dynamic team with a mission to create a reliable, fast, and effective platform that protects digital assets.

Binod Nirvan

CEO & Founder

Illustration of Neptune Planet

Let’s Connect

Don't be a stranger! Join and interact with us on our growing social media communities. Stay up to date on our latest developments and progress.

Terms of Service

Neptune Mutual © 2022

Risk warning: Trading crypto assets involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Neptune Mutual based on the legal requirements in your country of residence.