Open Cover  logo

Open Cover

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum luctus felis in nisi tincidunt, vitae facilisis enim tempor.
Category: Onchain Insurance

Open Cover


OpenCover connects individuals and institutions protecting digital asset portfolios with vetted DeFi cover from established onchain underwriters. Users can purchase protocol cover, stablecoin depeg cover, yield token cover, and custody cover across multiple chains, with coverage represented by ERC-721 NFTs. The platform also operates an industry data dashboard tracking DeFi cover provider activity and offers Covered Vaults, a vault-native risk transfer primitive built on the ERC-7540 standard.

Funding Rounds

Funding Round: Seed
Funding Date: 1 Sep, 2023
Raised Amount: $4.6M

Investors