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Product analysis

Liquid Collective slashing cover,
coverage and gaps.

A backstop the network buys for its stakers: it pays only on slashing losses above $500,000, caps out at $5,000,000, and has to be renewed every 90 days.

Raccoon Score 67/100 Limited

Who this is for: The Liquid Collective network, protecting its STAKERS (LsETH holders) against a large slashing loss

Verdict

The clearest team product in the slashing family, because the annex names the buyer: Liquid Collective purchases it, so the cover exists for the network and its stakers rather than for one holder. The structure is honest and readable: a $500,000 deductible, a $5,000,000 ceiling, ETH-denominated exposure, a fixed {phrase:minPricePct} per year (live), and a 90-day maximum period so the price can track the USD value of the staked network. The underlying operator set is genuinely institutional, which lowers the probability of the sloppy-operator slashing case. Three caveats decide whether it is enough. The $5,000,000 ceiling is small against a network of this size, so it is a shock absorber, not full protection. The 90-day term means the cover is only as durable as the next renewal decision, and nothing obliges the network to renew. And this cover {phrase:poolConcentration} (live), which concentrates the counterparty side.

Confidence: medium 5 red flags As of 2026-07-22

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© 2026 Cover Raccoon. Analyses are dated snapshots with sources, not insurance advice and not a recommendation. Terms can change; the provider wording always governs.