DeFi

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/

OpenCover protection, including against failures of the underlying protocols, is now available directly in the Beefy dApp! 🐮

🎉 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/

👷 Building in DeFi and want to offer protection to your users? 🛡️

📣 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

🔒 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/

Looking for the inside scoop on onchain security? Find out here 👇

📣 Web3 CFOs & founders - want to avoid hacks, mismanagement & security failures?

We’re talking real strategies to stay safe onchain with experts from: Ava Labs, SingularityDAO & Request Finance.

📅 Jan 30, 2 PM CET
🎁 Perks included
🔗 Sign up: https://www.crowdcast.io/c/how-to-ensure-100-safety-for-on-chain-company-finances-despite-the-risks

Join us tomorrow for an exclusive break down of real risks & best practices 🔒

🛡️ NEW COVER LISTED 🛡️

@pendle-fi Multi Cover is officially available on OpenCover 🕰️

Keep your assets safe on Pendle and its underlying protocols with @nexusmutual.

Enjoy broad protection in just one cover purchase.

Get started 👇
http://opencover.com/pendle

Pendle Multi Cover is officially available on OpenCover 🕰️

🛡️ NEW COVER LISTED 🛡️

@beefy Multi Cover is now live on OpenCover 🐮

We just unlocked $1.9m of Beefy Multi Cover capacity from @nexusmutual.

The best part? Sub-protocols are covered too, so you’re fully protected with just one cover purchase.

With over $285m in TVL, Beefy is THE multichain yield optimizer.

By autocompounding tokens, Beefy allows users to unlock higher returns on crypto holdings.

Keep your assets safe on Beefy and its underlying protocols with Nexus Mutual.

Save over $50 in gas fees on L2 and streamline cover management 🚀

Enjoy complete peace of mind in just one cover purchase
👇
https://opencover.com/app/?invite=BEEF100K&cover=211

Beefy Multi Cover is now live on OpenCover 🐮

🛡️ Protect Your DeFi Assets with Essential Cover 🛡️

Powered by @nexusmutual, it shields you from hacks, bugs, and failures on 40+ leading holding, trading, and borrowing platforms.

The ultimate plan for stress-free lending and borrowing.

Start now 👇
https://opencover.com/essential/

We're offering the ultimate plan for stress-free lending and borrowing 🔥

Base

💫 Elite Cover: tailored protection for DeFi pros 💫

Safeguard your yield farming and derivative trading with coverage across 70+ platforms.

Navigate advanced DeFi strategies with unmatched flexibility and peace of mind.

Explore now 👇
https://opencover.com/elite/

🔵 Earning risk-adjusted yield on @base just got 10x simpler.

Looking to protect your assets onchain but unsure where to start?

Powered by @nexusmutual, Entry Cover offers multi-protocol coverage against hacks & failures across 15+ top platforms 🎁

Perfect for investors who prefer a hands-off approach to onchain safety.

Secure your assets effortlessly with Entry Cover, protecting you across 15+ top onchain platforms like @uniswap, @1inchnetwork, @curve, @cowswap, EigenLayer, and more ✨

Enjoy flexible, multi-protocol protection in a single cover.

Get started
👇
https://opencover.com/entry/

Protect your assets across 15+ top  protocols with Entry Cover 🎁

🔵 During the break, we covered a @lyra.eth position worth over 200 cbBTC on @base.

🏆 Likely the world record for the amount of BTC-denominated protection sold for a single protocol in a single month.

Back to building 🫡

Derive is the infrastructure layer for crypto derivatives. 

Backed by Framework and GSR. 

Powered by Optimism and Celestia.

derive.xyz /lyra

🔵 During the break, we covered a @lyra.eth position worth over 200 cbBTC on @base.

🏆 Likely the world record for the amount of BTC-denominated protection sold for a single protocol in a single month.

Back to building 🫡

https://opensea.io/assets/base/0xd68647555e5da198d50866334eed647cbe3d1556/1033
https://opensea.io/assets/base/0xd68647555e5da198d50866334eed647cbe3d1556/1080

🛡️ NEW BUNDLED COVER LISTED 🛡️

We just unlocked $5.6m of Bundled Cover capacity from @nexusmutual across @morpho + Morpho Vaults on @base and @ethereum 🦋

More good news: the underlying vaults are also protected, removing the need to purchase multiple covers.

Protect your positions on Morpho + Morpho Vaults and their underlying protocols 🦋
Save over $50 in gas fees and streamline cover management 🚀

Enjoy broad protection in just one cover purchase 
👇
http://opencover.com/morphovaults

We just unlocked $5.6m of Bundled Cover capacity on Morpho + Morpho Vaults and their underlying protocols 🦋

Happy New Year everyone! Check out what we've been up to this month at OpenCover 🔍

🔹 Derive is live on OpenCover
🔹 Onchain payments, secured: $100m covered and counting
🔹 Power your Base DeFi Pass with Coinbase Wallet USDC Rewards
🔹 Breaking news in the onchain security space

👇
https://opencover.substack.com/p/opencover-alpha-january-2025?r=2chtfi&triedRedirect=true

Happy New Year everyone! Check out what we've been up to this month at OpenCover 🥳

We are excited to launch 3 Comprehensive Covers in partnership with @nexusmutual, with a plan for every investor — Entry, Essential, or Elite 🚀

Secure your assets in just one click across a wide range of protocols.
Flexible, seamless, and built for you.

Entry Cover is ideal for investors who prefer a hands-off approach to onchain safety. This plan has you covered on over 15 leading platforms for holding and trading assets, including @uniswap, @1inchnetwork, @curve, @cowswap, EigenLayer, and more.
opencover.com/entry/

Essential Cover extends protection to borrowing protocols and keeps you safe against hacks, smart contract bugs, and protocol failures on over 40 platforms.
opencover.com/essential/

Designed for advanced users, Elite Cover offers unmatched protection for yield farming and trading on derivative protocols. With coverage across over 70 platforms, this plan ensures maximum flexibility and peace of mind when navigating advanced DeFi strategies.
opencover.com/elite/

Exciting news for Comprehensive Cover lovers 💙

🏆 Milestone achieved 🏆

OpenCover and @requestnetwork have officially surpassed $100M in transactions covered — making blockchain payments safer than ever before.

🔗 DeFi and blockchain use are growing fast, but risks still hold adoption back. Our mission is to make onchain transactions 100% safe!

🛡 With Request, transaction cover comes as standard.

Whether you're a business or individual using Request for crypto invoicing, payroll, or bill payments, your eligible transactions are protected against onchain risk up to $100,000.

What’s the big news?
🔗 Seamless integration: Businesses get protection automatically when using Request Finance.

💰 $100M milestone: we’ve secured payments across chains including @ethereum, @arbitrum, and @0xpolygon for thousands of businesses and individuals.

Who benefits?
✅ CFOs managing crypto treasuries
✅ DAOs processing payroll or vendor payments
✅ Businesses adopting Web3 payments

Explore Request today: https://opencover.com/request

🎅 We're celebrating something very special today 🧑‍🎄

🛡️ NEW COVER LISTED 🛡️

CoW AMM is officially available on OpenCover 🚀

Keep your assets safe on CoW AMM with @nexusmutual and streamline cover management.

Learn more and find onchain peace of mind
👇 
http://opencover.com/frens/244

🛡️ NEW COVER LISTED 🛡️

Savings crvUSD Curve Finance is officially available on OpenCover!

We just unlocked over $1.7m in Savings crvUSD cover capacity from @nexusmutual.

Cover your assets on scrvUSD and save over $50 in gas fees 🚀
👇 
http://opencover.com/frens/241

Savings crvUSD is now live on OpenCover 🚀

📣 We’re on Product Hunt (again!) today 🎉

To celebrate, we’re offering 30-days of covers for FREE to the first 100 users. 

💸 That’s up to $10,000 per person and $1,000,000 in total protection! 

https://www.producthunt.com/posts/opencover

We're giving away 100 free covers to our earliest supporters 🎉

Excited to launch cbBTC-denominated cover today 🚀 

For the first time, BTC holders can enjoy the same coverage against protocol hacks and failures as ETH and stablecoin users.

Supported protocols include @aerodrome @arcadiafi.eth @beefy @extrafi @morpho @uniswap and more!

🔗 opencover.com

One small step for @opencover, one big step for Bitcoin DeFi 🫡

THE Yield Optimizer. anon cyber punks making defi boring. 

The central trading and liquidity marketplace on BASE

https://aerodrome.finance

The largest onchain marketplace. Buy and sell crypto on Ethereum and 11+ other chains.

Earn, Borrow, Build on Morpho 
/morpho and app.morpho.org

High yields, one click, all the time. 
Live now @base

https://arcadia.finance/

🛡️ Keeping you safe onchain 🛡️ 
opencover.com

A lending & yield protocol on Superchain. #based @Optimism @base

🔵 BASED PRO TIP 🔵

Hold USDC on @coinbasewallet and earn 4.7% APY.

💡 Here’s the kicker: that APY can offset your OpenCover Base Pass

👉  Secure your onchain activity across leading @base protocols at a discount (or free!)

Here’s how: 👇
1️⃣ Hold USDC in Coinbase Wallet (https://coinbase.com/blog/Coinbase-Wallet-USDC-Rewards)

2️⃣ Get a Base Pass (https://opencover.com/basepass)

3️⃣ Earn 4.7% APY distributed monthly → for every $1 you hold in your Coinbase wallet you earn enough for $1 of free protection with the Base Pass (and some change! Minimums apply)

A chance to always get your Base DeFi Pass at a discount or free! Safeguarding your on-chain positions has never been easier!

opencover.com ✨🔨 YC, Alliance and Imperial College Alum 🎓

Jeremiah | OpenCover

@itsjeremiahs