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Cozy Finance

Cozy Finance provides DeFi risk-management infrastructure and protection products for protocols and users. Its safety stack includes tranches, reserves, protection markets, and protected vaults that help manage bad debt, exploits, and catastrophic losses.
Distributed

Cozy V1


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Description

Cozy Safety Module provides a dedicated pool of capital to protect users against hacks, exploits, or other emergencies by setting custom coverage caps and transparent payout logic. It supports flexible funding methods and incentivizes user contributions for sustainable growth.

Category: Insurance
TVL: $60K

Chains:
EthereumOptimism

Tranche


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Description

Tranche is a Cozy Finance product for protocols that structures yield into senior and junior tranches. It lets protocols offer senior capital a more protected position in the loss waterfall while offering junior capital higher yields in exchange for greater risk. It supports bad-debt repayment, first-loss repayment, curator skin-in-the-game, and atomically coupled customizable repayment mechanisms, with admin, SDK, and integration support.

Category: DePin

Protection Markets


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Description

Protection Markets enables protocols to launch no-code, customizable markets for protection against tail risks affecting their users. Market administrators can define payout logic with trigger templates and choose fixed, dynamic, or custom pricing, while protection providers earn fees collected when users buy or sell back protection.

Category: Onchain Insurance

Reserve


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Description

Reserve is a Cozy Finance product for protocols to configure and deploy a publicly verifiable onchain emergency reserve. It supports custom coverage caps and payout rules, funding through incentivized liquidity providers, balance sheets, or fee streams, and trustless payouts with Sybil protection. The reserve can be displayed in a protocol’s interface to communicate transparent protection to users and allocators.

Category: Onchain Insurance

Cozy Safety Module


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Description

Cozy Safety Module offers vaults across risk profiles: protected vaults earn yield while receiving layered coverage from a risk curator, Plus vault assets, and the Reserve. Plus vault and Reserve participants provide bad-debt or catastrophic-event coverage in exchange for additional yield, with transparent on-chain triggers and withdrawal lockup periods.

Category: Onchain Insurance

Hack: Access Control ($427K)

Chains:
Ethereum

Cozy Earn


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Description

Cozy Earn lets users choose among protected vaults, Plus Vaults, and the Reserve. Protected vaults earn yield from underlying lending protocols and other DeFi sources while receiving layered coverage from a risk curator, Plus vault assets, and the Reserve. Plus Vault and Reserve participants provide bad-debt or catastrophic-event coverage for additional yield and are subject to withdrawal lockup periods.

Category: Yield Aggregator