Bridge Mutual

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Bridge Mutual's governance or utility token carries a market capitalisation of 70.206 $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (70.206 $) and TVL (174.072,5 $) trade close together, giving a mcap/TVL multiple of 0.40× — broadly the range market participants treat as "fair" for an established DeFi protocol. A further 25.076 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Nov 5, 2021
   Auf DeFiLlama gelistet

Bridge Mutual is a Insurance protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed across 3 chains, including Ethereum, Binance, Polygon. The codebase has been independently audited (2 reports on file).

Bridge Mutual operates on 3 networks (Ethereum, Binance, Polygon), keeping its surface area narrower than chain-agnostic peers. Roughly 98% of its on-chain value sits on just three networks (Ethereum, Ethereum-staking, staking), so a fault on any one of them would affect a large slice of users. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Token market cap (70.206 $) and TVL (174.072,5 $) trade at a ratio of 0.40, in the range generally considered normal for an established DeFi protocol.

Verified external resources for Bridge Mutual — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Bridge Mutual is one of 7 Insurance protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Nexus Mutual, Easedefi.org, 3F Mutual, and 3 more. These peer protocols collectively secure 125,2 Mio. $ in deposits, giving you a frame of reference for whether Bridge Mutual's own TVL is at the top, middle, or tail of the category.

Nexus Mutual

TVL 110,9 Mio. $ · 24h +0.24%

Easedefi.org

TVL 5,1 Mio. $ · 24h +0.45%

3F Mutual

TVL 4,5 Mio. $ · 24h +0.82%

Unslashed

TVL 3,4 Mio. $ · 24h +0.20%

Cover Protocol

TVL 809.849,9 $ · 24h +0.03%

Sherlock

TVL 507.308,7 $ · 24h +0.00%