OpenCover

@opencover

686 Following

1124 Followers

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🛡️ 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

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🛡️ 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

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We're launching a new protocol on OpenCover this week. What's your guess? 🔸

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🔔 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.

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🛡️ 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

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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

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📊 OpenCover weekly recap 🛡️ Total amount protected: $19,000,000+ 🦾 Most popular covers: @lyra.eth & Sky

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🔔 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.

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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

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🛡️ 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

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🌟 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

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🔔 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.

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📣 BREAKING: we just gave the @base Pass its biggest upgrade yet 🔵 🛡️ Coverage now extends to 16 protocols representing 80%+ of Base by TVL 🪙 Price dropped to just 0.3% for a full month of protection 1️⃣ Now part of Coinbase One onchain perks (save an extra 10%) 🧵 Alpha 👇

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🔔 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.

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📊 OpenCover weekly recap 🛡️ Total amount protected: $2,500,000+ 🦾 Most popular covers: @undefined, @hyperliquidevm and the @base Pass

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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/

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🚀 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...

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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

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🔔 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

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🛡️ 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

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