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Open Cover
OpenCover is a DeFi cover platform that lets users purchase protection against smart contract hacks, stablecoin depegs, and other onchain risks.
2261 Market St, San Francisco, CA 94114, USA, United States
Open Cover
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Description
A DeFi cover aggregator for purchasing and managing onchain cover policies from vetted underwriters. Cover types include Protocol Cover (smart contract exploits, oracle manipulation, governance attacks), Stablecoin Depeg Cover, Yield Token Cover, Custody Cover, and multi-protocol bundles such as the Base DeFi Pass. Policies are issued as ERC-721 NFTs to user wallets and are valid across EVM-compatible chains. The platform also includes an industry data dashboard tracking TVL, active cover amounts, claims, and payouts across DeFi cover providers. No KYC is required to purchase cover.Category: Onchain Insurance
Covered Vaults
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Description
A vault-native risk transfer primitive enabling DeFi vault depositors to activate cover by depositing vault shares, with premiums streaming directly from yield and automatic renewals. Any existing ERC-4626 tokenized vault can become coverable without modifying the underlying protocol or deposit flow. Built on an extended ERC-7540 standard and powered by Nexus Mutual underwriting with real-time onchain proof of solvency.Category: Onchain Insurance