Nexus Mutual Disburses More Than $95K in Claims After Stream Finance Incident

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

DEFI+1.51%

Source: Coinmarketcap

Updated: Dec 01 2025

Nexus Mutual Claims Payout: Nexus Mutual paid out over $95,000 in claims after Stream Finance halted withdrawals due to a $93 million loss, highlighting the importance of on-chain insurance in DeFi.
Impact of Stream Finance Incident: The incident caused the xUSD token to depeg, leading to significant losses across various lending platforms, with potential exposure exceeding $280 million.
Efficiency of On-Chain Insurance: Claims from users of integrated vaults like Beefy, Harvest Finance, and Euler were processed and paid within a week, demonstrating the effectiveness of decentralized insurance in managing DeFi risks.
DeFi Risk Management: The event underscores the interconnected risks in DeFi, emphasizing the need for insurance solutions to protect traders and liquidity providers from systemic risks in the crypto market.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Nexus Mutual Disburses More Than $95K in Claims After Stream Finance Incident

About the author

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