497288
OpenCover
@opencover #497288
🛡️ Keeping you safe onchain 🛡️
opencover.com
3772 Follower 728 Following
🛡️ OpenCover Alpha – May 2025 🛡️
Explore what we’ve been up to this month – our partnership with vfat, introducing InnerCircle, over $200M covered with Request, and more 👇
https://opencover.substack.com/p/opencover-alpha-may-2025
Explore what we’ve been up to this month – our partnership with vfat, introducing InnerCircle, over $200M covered with Request, and more 👇
https://opencover.substack.com/p/opencover-alpha-may-2025
🔔 Weekly industry update
🛡️ OpenCover
🔹 vfat users can now directly protect their assets with OpenCover in the vfat UI.
🔹 We added a new pricing display to our dApp.
🌀 Protocols
🔹 @base has reached Stage 1 Decentralization.
🔹 @hyperliquidevm redesigned their UI.
🔹 Arcadia reached $10m in TVL.
🔹 Silo Vaults are live on the @silofinance.
🔹 @pancakeswap Infinity is now live > https://blog.pancakeswap.finance/articles/pancake-swap-infinity-is-now-live-formerly-pancake-swap-v4
🛡️ OpenCover
🔹 vfat users can now directly protect their assets with OpenCover in the vfat UI.
🔹 We added a new pricing display to our dApp.
🌀 Protocols
🔹 @base has reached Stage 1 Decentralization.
🔹 @hyperliquidevm redesigned their UI.
🔹 Arcadia reached $10m in TVL.
🔹 Silo Vaults are live on the @silofinance.
🔹 @pancakeswap Infinity is now live > https://blog.pancakeswap.finance/articles/pancake-swap-infinity-is-now-live-formerly-pancake-swap-v4
🚀 JUST LAUNCHED 🚀
🛡️ We teamed up with vfat to keep you safe onchain while earning market-leading yields on @base 🔵
Earning safely with DeFi has never been this simple 👇
🛡️ We teamed up with vfat to keep you safe onchain while earning market-leading yields on @base 🔵
Earning safely with DeFi has never been this simple 👇
OpenCover's dApp just got smarter 🧠
The new pricing display makes it easy to match top onchain yields with real-time cover costs.
Find the best opportunities faster 👇
https://opencover.com/app/?invite=LNDHR&filter=Protocol+Cover
The new pricing display makes it easy to match top onchain yields with real-time cover costs.
Find the best opportunities faster 👇
https://opencover.com/app/?invite=LNDHR&filter=Protocol+Cover
🔔 Weekly industry update
🛡️ OpenCover
🔹 @beefy Multi Protocol Cover now includes beS, aka Beefy Sonic.
🌀 Protocols
🔹 @superform Rewards are live.
🔹 @silofinance V2 redesigned their UI.
🔹 @symbiotic raised $29m in a Series A, led by @panteracapital.
🛡️ OpenCover
🔹 @beefy Multi Protocol Cover now includes beS, aka Beefy Sonic.
🌀 Protocols
🔹 @superform Rewards are live.
🔹 @silofinance V2 redesigned their UI.
🔹 @symbiotic raised $29m in a Series A, led by @panteracapital.
🛡️ BEEFY MULTI PROTOCOL UPDATE 🛡️
Our @beefy Multi Protocol Cover now includes beS, aka Beefy Sonic.
Learn more 👇
https://docs.beefy.finance/beefy-products/beefy-escrowed-tokens/bes
Our @beefy Multi Protocol Cover now includes beS, aka Beefy Sonic.
Learn more 👇
https://docs.beefy.finance/beefy-products/beefy-escrowed-tokens/bes
🔔 Weekly industry update
🛡️ OpenCover
🔹 Shadow and @pooltogether are officially live on OpenCover.
🚨 Hacks
🔹$5m worth of ZK tokens were stolen from a compromised ZKsync admin account.
🌀 Protocols
🔹 @euler was awarded a 500k OP grant to bring the lending app to @optimism.
🔹 @superform will launch its Rewards Program on Apr 21 > https://mirror.xyz/superform.eth/gKG0U1vPlsBqgyjexCj5Klj6NazxjKo4igKTEQw6OHM
🔹 @extrafi XLend's total market size reached $3 m+ in 6 weeks.
🔹 @moonwell vaults on @base and Optimism are now tracked on @defillama.
🔹 Staking and governance are live on @termlabs.
🛡️ OpenCover
🔹 Shadow and @pooltogether are officially live on OpenCover.
🚨 Hacks
🔹$5m worth of ZK tokens were stolen from a compromised ZKsync admin account.
🌀 Protocols
🔹 @euler was awarded a 500k OP grant to bring the lending app to @optimism.
🔹 @superform will launch its Rewards Program on Apr 21 > https://mirror.xyz/superform.eth/gKG0U1vPlsBqgyjexCj5Klj6NazxjKo4igKTEQw6OHM
🔹 @extrafi XLend's total market size reached $3 m+ in 6 weeks.
🔹 @moonwell vaults on @base and Optimism are now tracked on @defillama.
🔹 Staking and governance are live on @termlabs.
🛡️ NEW COVER LISTED 🛡️
@pooltogether is now live on OpenCover 🚀
Stay safe on PoolTogether - protect your assets against onchain risks with @nexusmutual.
Save $50+ in gas fees on L2.
Learn more and get covered 👇
https://opencover.com/pooltogether
@pooltogether is now live on OpenCover 🚀
Stay safe on PoolTogether - protect your assets against onchain risks with @nexusmutual.
Save $50+ in gas fees on L2.
Learn more and get covered 👇
https://opencover.com/pooltogether
🛡️ NEW COVER LISTED 🛡️
Shadow is officially available on OpenCover 🚀
🔸 Keep your assets safe on Shadow with @nexusmutual and streamline cover management.
Learn more and find onchain peace of mind 👇
http://opencover.com/shadow
Shadow is officially available on OpenCover 🚀
🔸 Keep your assets safe on Shadow with @nexusmutual and streamline cover management.
Learn more and find onchain peace of mind 👇
http://opencover.com/shadow
We're launching a new protocol on OpenCover this week. What's your guess? 🔸
🔔 Weekly industry update
🛡️ OpenCover
🔹 @originprotocol is officially available on OpenCover.
🔹 We redesigned our Discord server.
🌀 Protocols
🔹 @euler launched a new $260,000 incentives package > https://x.com/eulerfinance/status/1909562663664763290
🔹 @extrafi issued its monthly review > https://medium.com/@ExtraFinance/extra-finance-monthly-review-march-2025-624544085416
🔹 @moonwell was awarded 37,291 OP in the latest round of @optimism Retro Funding.
🛡️ OpenCover
🔹 @originprotocol is officially available on OpenCover.
🔹 We redesigned our Discord server.
🌀 Protocols
🔹 @euler launched a new $260,000 incentives package > https://x.com/eulerfinance/status/1909562663664763290
🔹 @extrafi issued its monthly review > https://medium.com/@ExtraFinance/extra-finance-monthly-review-march-2025-624544085416
🔹 @moonwell was awarded 37,291 OP in the latest round of @optimism Retro Funding.
🛡️ NEW COVER LISTED 🛡️
@originprotocol is officially available on OpenCover 🚀
Cover your $OUSD + underlying protocols, and protect your Super OETH assets from depeg risk.
Learn more and get covered 👇
http://opencover.com/originousd
@originprotocol is officially available on OpenCover 🚀
Cover your $OUSD + underlying protocols, and protect your Super OETH assets from depeg risk.
Learn more and get covered 👇
http://opencover.com/originousd
OpenCover's Discord just got a glow-up 🎨
Our new, revamped Discord server is the place to be for breaking onchain news, Alpha, and covered yield strategies.
Catch the latest news and tips, and join us today! 👇
https://opencover.com/discord
Our new, revamped Discord server is the place to be for breaking onchain news, Alpha, and covered yield strategies.
Catch the latest news and tips, and join us today! 👇
https://opencover.com/discord
📊 OpenCover weekly recap
🛡️ Total amount protected: $19,000,000+
🦾 Most popular covers: @lyra.eth & Sky
🛡️ Total amount protected: $19,000,000+
🦾 Most popular covers: @lyra.eth & Sky
🔔 Weekly industry update
🛡️ OpenCover
🔹 We released the April issue of OpenCover Alpha, our monthly newsletter > https://t.co/fo9zcS9PIB
🔹 Coinshift csUSDL is officially available on OpenCover
🔒 Industry
🔹 A $16 million, record-breaking bug bounty is live. Powered by @nexusmutual, offered by @usual, and hosted on Sherlock.
🌀 Protocols
🔹 @morpho introduced Morpho Prime, a new product vertical for curators and advanced users.
🔹 Alchemix was awarded a 100K OP grant to boost yields and enhance alETH and alUSD incentives on @velodrome.
🔹 Arcadia issued its 2025 roadmap > https://arcadiafinance.medium.com/arcadia-ahead-2025-roadmap-ae060a36a592
🔹 @euler reached $1B in TVL in half a year.
🛡️ OpenCover
🔹 We released the April issue of OpenCover Alpha, our monthly newsletter > https://t.co/fo9zcS9PIB
🔹 Coinshift csUSDL is officially available on OpenCover
🔒 Industry
🔹 A $16 million, record-breaking bug bounty is live. Powered by @nexusmutual, offered by @usual, and hosted on Sherlock.
🌀 Protocols
🔹 @morpho introduced Morpho Prime, a new product vertical for curators and advanced users.
🔹 Alchemix was awarded a 100K OP grant to boost yields and enhance alETH and alUSD incentives on @velodrome.
🔹 Arcadia issued its 2025 roadmap > https://arcadiafinance.medium.com/arcadia-ahead-2025-roadmap-ae060a36a592
🔹 @euler reached $1B in TVL in half a year.
Explore what we’ve been up to this month 🗞️
Introducing Custody Cover and the Base Pass V2, our brand new UI, and more 📊
https://tinyurl.com/2x34hav5
Introducing Custody Cover and the Base Pass V2, our brand new UI, and more 📊
https://tinyurl.com/2x34hav5
🛡️ NEW COVER LISTED 🛡️
Coinshift csUSDL is officially available on OpenCover 🚀
This exclusive cover was developed with @nexusmutual, with institutions and businesses in mind.
Secure your positions on Coinshift csUSDL
👉 http://opencover.com/coinshift
Coinshift csUSDL is officially available on OpenCover 🚀
This exclusive cover was developed with @nexusmutual, with institutions and businesses in mind.
Secure your positions on Coinshift csUSDL
👉 http://opencover.com/coinshift
🌟 OpenCover just got even easier to use 🌟
Our new cover selector lets you choose between Protocol Cover, Depeg Cover, and Custody Cover in just one click.
Try it now 👇
https://opencover.com/app/?invite=LNDHR
Our new cover selector lets you choose between Protocol Cover, Depeg Cover, and Custody Cover in just one click.
Try it now 👇
https://opencover.com/app/?invite=LNDHR
🔔 Weekly industry update
🛡️ OpenCover
🔹 We introduced the most significant upgrade to the @base Pass.
🚨 Hacks
🔹 Abracadabra Money was hacked for $13m.
🔒 Industry
🔹 @nexusmutual's proposal to stake Kiln ETH in Enzyme Vault on @etherfi-app is open for voting.
🌀 Protocols
🔹 Alchemix issued its Q4 2024 financial report summary > https://alchemixfi.medium.com/alchemix-q4-2024-report-summary-ae647de80a6d
🔹 Dolomite is expanding to Botanix.
🛡️ OpenCover
🔹 We introduced the most significant upgrade to the @base Pass.
🚨 Hacks
🔹 Abracadabra Money was hacked for $13m.
🔒 Industry
🔹 @nexusmutual's proposal to stake Kiln ETH in Enzyme Vault on @etherfi-app is open for voting.
🌀 Protocols
🔹 Alchemix issued its Q4 2024 financial report summary > https://alchemixfi.medium.com/alchemix-q4-2024-report-summary-ae647de80a6d
🔹 Dolomite is expanding to Botanix.
🔔 Weekly industry update
🛡️ OpenCover
🔹 We upgraded the Base DeFi Pass.
🌀 Protocols
🔹 @superform v2 is now live.
🔹 @extrafi XLend's total market size on OP Mainnet crossed $1m.
🔹 @extrafi XLend is now live on @base.
🔹 @silofinance completed another security review run by Cantina.
🔹 @moonwelldefi Flagship USDC vault is now live on @optimism Mainnet.
🛡️ OpenCover
🔹 We upgraded the Base DeFi Pass.
🌀 Protocols
🔹 @superform v2 is now live.
🔹 @extrafi XLend's total market size on OP Mainnet crossed $1m.
🔹 @extrafi XLend is now live on @base.
🔹 @silofinance completed another security review run by Cantina.
🔹 @moonwelldefi Flagship USDC vault is now live on @optimism Mainnet.
📊 OpenCover weekly recap
🛡️ Total amount protected: $2,500,000+
🦾 Most popular covers: @arcadiafi.eth, @hyperliquidevm and the @base Pass
🛡️ Total amount protected: $2,500,000+
🦾 Most popular covers: @arcadiafi.eth, @hyperliquidevm and the @base Pass
We sat down and had a great chat with the team at SafetyDetectives about onchain security & the future of DeFi protection.
Even audited smart contracts get hacked, having cover is the real DeFi cheat code 👇
https://www.safetydetectives.com/blog/george-harris-opencover/
Even audited smart contracts get hacked, having cover is the real DeFi cheat code 👇
https://www.safetydetectives.com/blog/george-harris-opencover/
🚀 The Base Pass just got a makeover.
🛡️ More protocols, more protection, and even more covered yield. Coming soon to supercharge your onchain safety!
Stay tuned for the alpha...
🛡️ More protocols, more protection, and even more covered yield. Coming soon to supercharge your onchain safety!
Stay tuned for the alpha...
What happens if a stablecoin's price drops significantly below its intended value for a sustained period?
🛡️ Protect your lvlUSD with OpenCover to mitigate depeg risks.
Get started 👇
http://opencover.com/leveldepeg
🛡️ Protect your lvlUSD with OpenCover to mitigate depeg risks.
Get started 👇
http://opencover.com/leveldepeg
🔔 Weekly industry update
🛡️ OpenCover
🔹 OpenCover is now part of @coinbase One’s onchain benefits program.
🔹 We released the March 2025 of OpenCover Alpha.
🔒 Industry
🔹 @nexusmutual's monthly newsletter is out > https://nexusmutual.substack.com/p/the-hedge-february-2025
🌀 Protocols
🔹 @originprotocol Sonic hit $30m in TVL.
🔹 @aerodrome joined the Coinbase 50 Index.
🔹 @velodrome is now live on @unichain.
🔹 @morpho released February updates > https://morpho.mirror.xyz/kuJ_4lpGqUgsIcxZzEzh9JO-rgM_ydvfygE0-kbVyLw
🛡️ OpenCover
🔹 OpenCover is now part of @coinbase One’s onchain benefits program.
🔹 We released the March 2025 of OpenCover Alpha.
🔒 Industry
🔹 @nexusmutual's monthly newsletter is out > https://nexusmutual.substack.com/p/the-hedge-february-2025
🌀 Protocols
🔹 @originprotocol Sonic hit $30m in TVL.
🔹 @aerodrome joined the Coinbase 50 Index.
🔹 @velodrome is now live on @unichain.
🔹 @morpho released February updates > https://morpho.mirror.xyz/kuJ_4lpGqUgsIcxZzEzh9JO-rgM_ydvfygE0-kbVyLw
🛡️ OpenCover Alpha – March 2025 🛡️
Explore what we’ve been up to this month – our partnership with Coinbase One, our presence at ETHDenver, over $150M transactions covered with Request Finance, and more 🗞️
tinyurl.com/8faufufb
Explore what we’ve been up to this month – our partnership with Coinbase One, our presence at ETHDenver, over $150M transactions covered with Request Finance, and more 🗞️
tinyurl.com/8faufufb
🏔️ Missed our talk at ETH Denver? We’ve got you covered.
Last week, we broke down Onchain Insurance 101, covering why it matters, how it works, and real-world payout examples.
Here’s what you need to know 👇
Last week, we broke down Onchain Insurance 101, covering why it matters, how it works, and real-world payout examples.
Here’s what you need to know 👇
🚀 Reflecting on @ethereumdenver...
One key takeaway? Institutions want DeFi exposure, but risk remains a barrier.
That’s why OpenCover & L1 are launching a pilot to bring institutional-grade protection to onchain portfolios.
🛡 Why this matters:
For DeFi to scale, institutions need the same risk protections they expect in traditional finance.
With OpenCover on L1, funds & asset managers can now safeguard their portfolios from:
👉 Smart contract bugs
👉 Oracle manipulation
👉 Liquidation failures
👉 Governance attacks
Unlocking risk-adjusted onchain yields!
🔗 Bringing TradFi-grade security to onchain portfolios is just the beginning!
Read the full press release here
👇
https://apnews.com/press-release/ein-presswire-newsmatics/alex-sismanis-data-management-and-storage-cryptocurrency-3b653aaf8bad3f14a52658cdfc8e0ca9
One key takeaway? Institutions want DeFi exposure, but risk remains a barrier.
That’s why OpenCover & L1 are launching a pilot to bring institutional-grade protection to onchain portfolios.
🛡 Why this matters:
For DeFi to scale, institutions need the same risk protections they expect in traditional finance.
With OpenCover on L1, funds & asset managers can now safeguard their portfolios from:
👉 Smart contract bugs
👉 Oracle manipulation
👉 Liquidation failures
👉 Governance attacks
Unlocking risk-adjusted onchain yields!
🔗 Bringing TradFi-grade security to onchain portfolios is just the beginning!
Read the full press release here
👇
https://apnews.com/press-release/ein-presswire-newsmatics/alex-sismanis-data-management-and-storage-cryptocurrency-3b653aaf8bad3f14a52658cdfc8e0ca9
🏔 OpenCover is at @ethereumdenver this week 🏔
To celebrate, we’re giving away ETH, limited edition Ledgers, and Yetis!
👇 Spin the wheel and test your luck 👇
⭐ Step 1: Purchase cover on http://opencover.com/spintowin (any amount!)
⭐ Step 2: Spin the wheel after checkout 🎡
⭐ Step 3: Discover your prize 🎁
📣 P.S. Don’t miss our talk “Onchain Insurance 101 and the Crucial Role It Plays in Bringing the (Institutional) World Onchain.”
We’ll break down DeFi insurance for regens(!), builders, institutional players, and everyone in between.
👉 http://ethdenver.com/sessions/recsFeXqq2XrQcXFj
To celebrate, we’re giving away ETH, limited edition Ledgers, and Yetis!
👇 Spin the wheel and test your luck 👇
⭐ Step 1: Purchase cover on http://opencover.com/spintowin (any amount!)
⭐ Step 2: Spin the wheel after checkout 🎡
⭐ Step 3: Discover your prize 🎁
📣 P.S. Don’t miss our talk “Onchain Insurance 101 and the Crucial Role It Plays in Bringing the (Institutional) World Onchain.”
We’ll break down DeFi insurance for regens(!), builders, institutional players, and everyone in between.
👉 http://ethdenver.com/sessions/recsFeXqq2XrQcXFj
🔔 Weekly industry update
🛡️ OpenCover
🔹 You can now purchase cover with fiat on @base 🚀
🔹 We’ve surpassed $150m in transactions covered with Request.
🔹 OpenCover is at @ethereumdenver this week.
🌀 Protocols
🔹 The Aave v3.3 upgrade is live.
🔹 @extrafi XLend is now live on @optimism.
🔹 PancakeSwap is now live on Monad Testnet.
🔹 @pendle-fi is now live on Sonic.
🛡️ OpenCover
🔹 You can now purchase cover with fiat on @base 🚀
🔹 We’ve surpassed $150m in transactions covered with Request.
🔹 OpenCover is at @ethereumdenver this week.
🌀 Protocols
🔹 The Aave v3.3 upgrade is live.
🔹 @extrafi XLend is now live on @optimism.
🔹 PancakeSwap is now live on Monad Testnet.
🔹 @pendle-fi is now live on Sonic.
🛡️ We're joining forces with @coinbase to help you stay safe onchain 🛡️
Starting today, Coinbase One members benefit from 10% off the @base DeFi Pass and the entire catalog of OpenCover products.
It has never been easier to earn yield on top DeFi protocols with peace of mind.
Here's how it works 👇
1️⃣ Sign in/up to Coinbase One (free trial below)
2️⃣ Verify your wallet(s) on http://coinbase.com/onchain-verify
3️⃣ Your discount is automatically applied on all purchases
It's that simple — and best of all — your first cover is free up to $1,000 💸
Ready to get started?
Take your portfolio safety to the next level with a Coinbase One 30-day free trial: https://t.co/jnBzPrmoId
Starting today, Coinbase One members benefit from 10% off the @base DeFi Pass and the entire catalog of OpenCover products.
It has never been easier to earn yield on top DeFi protocols with peace of mind.
Here's how it works 👇
1️⃣ Sign in/up to Coinbase One (free trial below)
2️⃣ Verify your wallet(s) on http://coinbase.com/onchain-verify
3️⃣ Your discount is automatically applied on all purchases
It's that simple — and best of all — your first cover is free up to $1,000 💸
Ready to get started?
Take your portfolio safety to the next level with a Coinbase One 30-day free trial: https://t.co/jnBzPrmoId
🏔 OpenCover is at @ethereumdenver this week 🏔
To celebrate, we’re giving away ETH, limited edition Ledgers, and Yetis!
👇 Spin the wheel and test your luck 👇
⭐ Step 1: Purchase cover on http://opencover.com/spintowin (any amount!)
⭐ Step 2: Spin the wheel after checkout 🎡
⭐ Step 3: Discover your prize 🎁
📣 P.S. Don’t miss our talk “Onchain Insurance 101 and the Crucial Role It Plays in Bringing the (Institutional) World Onchain.”
We’ll break down DeFi insurance for regens(!), builders, institutional players, and everyone in between.
👉 http://ethdenver.com/sessions/recsFeXqq2XrQcXFj
To celebrate, we’re giving away ETH, limited edition Ledgers, and Yetis!
👇 Spin the wheel and test your luck 👇
⭐ Step 1: Purchase cover on http://opencover.com/spintowin (any amount!)
⭐ Step 2: Spin the wheel after checkout 🎡
⭐ Step 3: Discover your prize 🎁
📣 P.S. Don’t miss our talk “Onchain Insurance 101 and the Crucial Role It Plays in Bringing the (Institutional) World Onchain.”
We’ll break down DeFi insurance for regens(!), builders, institutional players, and everyone in between.
👉 http://ethdenver.com/sessions/recsFeXqq2XrQcXFj
📣 Milestone unlocked and BIG announcement 🔵
📈 We’ve officially surpassed $150M in transactions covered with Request
🔵 OpenCover now protects Request transactions on @base too — making onchain payments safer than ever.
🔗 DeFi and blockchain adoption keeps growing, but risks like hacks, smart contract exploits, and oracle failures still persist.
Our mission? To make onchain transactions safe for everyone.
🛡 With Request, transaction cover is automatic.
From onchain invoicing to payroll and bill payments, you’re fully protected against onchain risks up to $100,000!
📊 Ready to demystify onchain insurance?
👉 https://t.co/g9UVmaw9hy
📈 We’ve officially surpassed $150M in transactions covered with Request
🔵 OpenCover now protects Request transactions on @base too — making onchain payments safer than ever.
🔗 DeFi and blockchain adoption keeps growing, but risks like hacks, smart contract exploits, and oracle failures still persist.
Our mission? To make onchain transactions safe for everyone.
🛡 With Request, transaction cover is automatic.
From onchain invoicing to payroll and bill payments, you’re fully protected against onchain risks up to $100,000!
📊 Ready to demystify onchain insurance?
👉 https://t.co/g9UVmaw9hy
📣 @itsjeremiahs is speaking at @ethereumdenver this week!
🛡️ Swing by his talk on how onchain insurance is paving the way for a safer onchain world.
🛡️ Swing by his talk on how onchain insurance is paving the way for a safer onchain world.
📊 OpenCover weekly recap
🛡️ Total amount protected: $3,000,000+
🦾 Most popular covers: @arcadiafi.eth, @beefy and the @base Pass
It's been another wild week, with security and best practices back in focus.
Don't wait to protect your assets against protocol hacks and depegs 👇
https://opencover.com/
🛡️ Boost your earning potential across leading protocols while staying protected.
Join the new era of risk-adjusted DeFi yields
https://opencover.com/how-to-choose-defi-cover/
🛡️ Total amount protected: $3,000,000+
🦾 Most popular covers: @arcadiafi.eth, @beefy and the @base Pass
It's been another wild week, with security and best practices back in focus.
Don't wait to protect your assets against protocol hacks and depegs 👇
https://opencover.com/
🛡️ Boost your earning potential across leading protocols while staying protected.
Join the new era of risk-adjusted DeFi yields
https://opencover.com/how-to-choose-defi-cover/
🔔 Weekly industry update
🛡️ OpenCover
🔹 @balancer v3 is officially available on OpenCover.
🔹 We launched stablecoin and WBTC depeg protection.
🚨 Hacks
🔹 @bybitexchange lost $1.4 billion in the largest hack in crypto history.
🔒 Industry
🔹 @nexusmutual's proposal to add Karpatkey as DAO Treasury Multisig Signer was accepted.
🔹 @nexusmutual introduced Depeg Cover.
🌀 Protocols
🔹 @euler is the fastest-growing lending protocol with $400M in total deposits.
🔹 Notifications are now supported on @extrafi.
🔹 @cowswap is the fastest growing DEX on @base with $646m processed in the 2 months since launch.
🛡️ OpenCover
🔹 @balancer v3 is officially available on OpenCover.
🔹 We launched stablecoin and WBTC depeg protection.
🚨 Hacks
🔹 @bybitexchange lost $1.4 billion in the largest hack in crypto history.
🔒 Industry
🔹 @nexusmutual's proposal to add Karpatkey as DAO Treasury Multisig Signer was accepted.
🔹 @nexusmutual introduced Depeg Cover.
🌀 Protocols
🔹 @euler is the fastest-growing lending protocol with $400M in total deposits.
🔹 Notifications are now supported on @extrafi.
🔹 @cowswap is the fastest growing DEX on @base with $646m processed in the 2 months since launch.
🛡️ Stablecoin and WBTC depeg protection is now live on OpenCover 🛡️
Stablecoins and liquid staking tokens are booming, but one question remains… what happens if they lose their peg?
🛡️ With Depeg Cover powered by @nexusmutual, if a token’s price drops significantly below its intended value for a sustained period you are protected.
This unlocks covered stablecoin and wrapped asset yield for risk-conscious DeFi users.
🛡️ Depeg Cover is now available for:
• @etherfi-app (eBTC)
• WBTC (Wrapped BTC)
• @originprotocol (OETH)
• Treehouse (tETH)
• Resolv (USR)
• Tether (USDT0)
• Level (lvlUSD)
• Sky (USDS)
Protect your stablecoins, liquid staking, and restaking assets today 👇
https://opencover.com/
Stablecoins and liquid staking tokens are booming, but one question remains… what happens if they lose their peg?
🛡️ With Depeg Cover powered by @nexusmutual, if a token’s price drops significantly below its intended value for a sustained period you are protected.
This unlocks covered stablecoin and wrapped asset yield for risk-conscious DeFi users.
🛡️ Depeg Cover is now available for:
• @etherfi-app (eBTC)
• WBTC (Wrapped BTC)
• @originprotocol (OETH)
• Treehouse (tETH)
• Resolv (USR)
• Tether (USDT0)
• Level (lvlUSD)
• Sky (USDS)
Protect your stablecoins, liquid staking, and restaking assets today 👇
https://opencover.com/
🛡️ NEW COVER LISTED 🛡️
@balancer v3 is officially available on OpenCover 🚀
Keep your assets safe on Balancer v3 with @nexusmutual and streamline cover management.
Learn more and find onchain peace of mind
👉 http://opencover.com/balancerv3
@balancer v3 is officially available on OpenCover 🚀
Keep your assets safe on Balancer v3 with @nexusmutual and streamline cover management.
Learn more and find onchain peace of mind
👉 http://opencover.com/balancerv3
🥇 OpenCover placed 1st on the Norton Rose Fulbright Insurathon this year!!
Looking forward to writing an important chapter of blockchain safety history together 🛡️
Looking forward to writing an important chapter of blockchain safety history together 🛡️
🚀 We're heading to ETHDenver, where 25,000+ builders, entrepreneurs, and innovators come together to shape the future of Ethereum! 🌎
Attending @ethdenver?
Let’s connect and talk about the future of onchain protection 👇
https://calendly.com/george-tup7/opencover-eth-denver?month=2025-02
✍️ Mark your calendars for Feb 28th!
🎤 Our CEO, @itsjeremiahs, will speak at the Main Event to explore how onchain cover is bridging institutions to DeFi.
Let's make some waves at ETHDenver! 🌊 See you there! 👋
Attending @ethdenver?
Let’s connect and talk about the future of onchain protection 👇
https://calendly.com/george-tup7/opencover-eth-denver?month=2025-02
✍️ Mark your calendars for Feb 28th!
🎤 Our CEO, @itsjeremiahs, will speak at the Main Event to explore how onchain cover is bridging institutions to DeFi.
Let's make some waves at ETHDenver! 🌊 See you there! 👋
Secure your @beefy positions with OpenCover, now available directly in the Beefy dApp!
This cover includes protection against failures of the underlying protocols across all chains.
Get covered 👇
https://app.beefy.finance/
This cover includes protection against failures of the underlying protocols across all chains.
Get covered 👇
https://app.beefy.finance/
🎉 Celebration time 🎉
Over the last month, we’ve seen our largest cover purchases through our embedded cover integrations, proving that onchain protection is here to stay!
🛡️ More secured funds. More confidence. More adoption.
🔹 Embedded Cover 101
👷 Embedded cover lets users purchase protection at the time of deposit, LPing, or borrowing, securing their onchain positions against hacks, smart contract vulnerabilities, and more.
🧘 By unlocking covered yield, users can enjoy a stress-free DeFi experience, knowing their funds are safeguarded.
🔗 Interested in embedding cover into your protocol, let's chat!
👉 https://opencover.com/
Over the last month, we’ve seen our largest cover purchases through our embedded cover integrations, proving that onchain protection is here to stay!
🛡️ More secured funds. More confidence. More adoption.
🔹 Embedded Cover 101
👷 Embedded cover lets users purchase protection at the time of deposit, LPing, or borrowing, securing their onchain positions against hacks, smart contract vulnerabilities, and more.
🧘 By unlocking covered yield, users can enjoy a stress-free DeFi experience, knowing their funds are safeguarded.
🔗 Interested in embedding cover into your protocol, let's chat!
👉 https://opencover.com/
📣 Fresh off the press
🛡️OpenCover has protected more than 200 BTC of deposits on @lyra.eth — the largest BTC cover in DeFi history!
🛡 Why cover matters:
Powered by leading onchain underwriters @nexusmutual, Derive users can unlock complete peace of mind, knowing their positions are protected from:
👉 Smart contract bugs
👉 Liquidation failures
👉 Governance attacks
👉 Oracle failures
🔗 To find out more check out the full article below 👇
https://apnews.com/press-release/ein-presswire-newsmatics/cryptocurrency-bitcoin-7273ffc337b25f364b17f105843eb0a2
🛡️OpenCover has protected more than 200 BTC of deposits on @lyra.eth — the largest BTC cover in DeFi history!
🛡 Why cover matters:
Powered by leading onchain underwriters @nexusmutual, Derive users can unlock complete peace of mind, knowing their positions are protected from:
👉 Smart contract bugs
👉 Liquidation failures
👉 Governance attacks
👉 Oracle failures
🔗 To find out more check out the full article below 👇
https://apnews.com/press-release/ein-presswire-newsmatics/cryptocurrency-bitcoin-7273ffc337b25f364b17f105843eb0a2
🔒 How to Ensure 100% Safety for Onchain Company Finances?
Last week, we joined industry leaders at the Web3Finance Club to discuss real, actionable solutions.
Here's the inside scoop 👇
🛡️ Cover your assets – Even audited DeFi protocols aren’t 100% safe. Onchain cover protects treasury funds from exploits and reduces financial exposure.
🔑 Make security someone’s job. Every company needs a dedicated security lead. Without ownership, there is no real protection.
🔐 Strengthen access controls – Multi-sigs, hardware wallets, and strict approvals safeguard funds. Every extra layer reduces risk.
👷 If you're looking for ways to stay safe onchain and protect your treasury, we’re here to help > https://opencover.com/
Last week, we joined industry leaders at the Web3Finance Club to discuss real, actionable solutions.
Here's the inside scoop 👇
🛡️ Cover your assets – Even audited DeFi protocols aren’t 100% safe. Onchain cover protects treasury funds from exploits and reduces financial exposure.
🔑 Make security someone’s job. Every company needs a dedicated security lead. Without ownership, there is no real protection.
🔐 Strengthen access controls – Multi-sigs, hardware wallets, and strict approvals safeguard funds. Every extra layer reduces risk.
👷 If you're looking for ways to stay safe onchain and protect your treasury, we’re here to help > https://opencover.com/
🌟 OpenCover just got a fresh new look! 🌟
Our new UI makes choosing between Single or Multi-Protocol coverage easier than ever 🚀
Head to Trending Today to find peace of mind across 100+ leading protocols and protocol combinations.
Get started 👇
https://opencover.com
Our new UI makes choosing between Single or Multi-Protocol coverage easier than ever 🚀
Head to Trending Today to find peace of mind across 100+ leading protocols and protocol combinations.
Get started 👇
https://opencover.com
🔔 Weekly industry update
🛡️ OpenCover
🔹 OpenCover has a brand new UI.
🔹 @pendle-fi Multi Cover is officially available on OpenCover.
🔒 Industry
🔹 @nexusmutual released a new issue of their monthly newsletter, the Hedge > https://nexusmutual.substack.com/p/the-hedge-january-2025
🌀 Protocols
🔹 @1inchnetwork won the "Most Exciting DeFi Solution" award at the INATBA Awards 2025.
🔹 @extrafi and Contango are offering OP incentives.
🔹 The @morpho Rewards App is live.
🔹 @morpho contracts are now deployed on @0xpolygon POS, World Chain, @inkonchain, @arbitrum, @scrollzkp, @fraxtal, and @optimism Mainnet.
🔹 @euler is now live on @swellnetworkio.
🛡️ OpenCover
🔹 OpenCover has a brand new UI.
🔹 @pendle-fi Multi Cover is officially available on OpenCover.
🔒 Industry
🔹 @nexusmutual released a new issue of their monthly newsletter, the Hedge > https://nexusmutual.substack.com/p/the-hedge-january-2025
🌀 Protocols
🔹 @1inchnetwork won the "Most Exciting DeFi Solution" award at the INATBA Awards 2025.
🔹 @extrafi and Contango are offering OP incentives.
🔹 The @morpho Rewards App is live.
🔹 @morpho contracts are now deployed on @0xpolygon POS, World Chain, @inkonchain, @arbitrum, @scrollzkp, @fraxtal, and @optimism Mainnet.
🔹 @euler is now live on @swellnetworkio.
