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OpenCover
@opencover
✨ Derive is live — and breaking records ✨ In less than a month, OpenCover has protected more than 200 BTC of deposits for Derive users — the largest BTC cover in DeFi history. Here’s how we’re making Derive safer for traders and LPs 👇 🔗 About Derive @lyra.eth is a decentralized protocol that enables traders to create programmable options, perpetuals, and structured financial products directly onchain. With over $120M in TVL, Derive is setting a new standard for decentralized financial systems. 🛡 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 🔗 Ready to secure your yield? Explore cover options for Derive and safeguard your LP positions today! Together, we’re building a safer, more innovative DeFi ecosystem 🚀 https://opencover.com/
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