OpenCover

@opencover

818 Following

1817 Followers

OpenCover pfp

🔔 Weekly industry update 🛡️ OpenCover 🔹 We are live on the @base Services Hub and waiving all setup fees for Base teams offering protocol or transaction cover. 🔹 Mellow is officially available on OpenCover. 🚨 Hacks 🔹 Cork Protocol was exploited for $12m. 🌀 Protocols 🔹 USDC TVL on @hyperliquidevm reached a new ATH of $ 3.5b. 🔹 @euler introduced EulerSwap, a new DEX with improved capital efficiency, deeper liquidity, hedging and delta-neutral opportunities, customizable LP parameters, and @uniswap v4 compatibility. 🔹 @spectrasocial introduced MetaVaults with a curator layer, passive LP experience, improved native rates, and TVL retention.

0 reply

1 recast

0 reaction

OpenCover pfp

🛡️ NEW MULTI COVER LISTED 🛡️ Mellow Multi Cover is now live on OpenCover 🚀 We just unlocked $1.4m of Mellow Multi Cover capacity from @nexusmutual on @ethereum. Underlying protocols are also protected: you only need one cover purchase for complete peace of mind.

1 reply

0 recast

1 reaction

OpenCover pfp

We're launching a new Multi Protocol Cover on OpenCover this week. Any guesses?

0 reply

0 recast

0 reaction

OpenCover pfp

🔔 Weekly industry update 🛡️ OpenCover 🔹 @lombardfinance DeFi Vault is officially available on OpenCover. 🔹 Our @vfat cover offering now includes Uniswap v4 🚨 Hacks 🔹 Cetus Protocol suffered a $223m exploit. 🌀 Protocols 🔹 The @superform v2 Cantina Competition is live. 🔹 @moonwell was awarded 155,195 OP for liquidity incentives in @optimism Retro Funding. 🔹 @liquityprotocol V2 is live on @ethereum Mainnet. 🔹 @cowdao is building a learning hub for all things DeFi > https://t.co/Qwn7JqYYlP

0 reply

0 recast

2 reactions

OpenCover pfp

🛡️ NEW MULTI COVER LISTED 🛡️ @lombardfinance DeFi Vault is officially available on OpenCover 🚀 Protect your assets on Lombard DeFi Vault and its underlying protocols from hacks, governance attacks, protocol failures, and oracle manipulation. Learn more and get covered👇

1 reply

0 recast

3 reactions

OpenCover pfp

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

0 reply

0 recast

1 reaction

OpenCover pfp

🛡️ VFAT COVER UPDATE 🛡️ Big update! Our @vfat cover offering now includes @uniswap v4 🦄 Stay protected while earning market-leading yields across even more pools. Head to http://vf.at and get covered in seconds, right where you farm 🔒

0 reply

0 recast

2 reactions

OpenCover pfp

🔔 Weekly industry update 🛡️ OpenCover 🔹 @pancakeswap is officially available on OpenCover. 🚨 Hacks 🔹 Zunami Protocol was hacked for $500k. 🌀 Protocols 🔹 @morpho is the first DeFi protocol to reach $1B in total deposits on @base. 🔹 @euler is now live on @unichain with $100k in rEUL incentives. 🔹 Steer Protocol introduced Steer PRO, capital strategies for Treasury Management. 🔹 @fx-protocol reached a new ATH with $150m in TVL.

0 reply

0 recast

0 reaction

OpenCover pfp

🛡️ NEW COVER LISTED 🛡️ @pancakeswap is officially available on OpenCover 🥞 Keep your assets safe on PancakeSwap and streamline cover management. Learn more👇

1 reply

0 recast

1 reaction

OpenCover pfp

🔔 Weekly industry update 🛡️ OpenCover 🔹 @corkprotocol is officially available on OpenCover. 🌀 Protocols 🔹 @morpho introduced Morpho Lite, featuring a simple design with Earn and Borrow features. 🔹 TVL on @arcadiafi.eth saw a 47% MoM rise in April. 🔹 @euler has surpassed $1.5B in TVL.

0 reply

1 recast

1 reaction

OpenCover pfp

🛡️ NEW COVER LISTED 🛡️ @corkprotocol is officially available on OpenCover 🚀 Cover your Cork assets from onchain risks such as hacks, government attacks, protocol failures, and oracle manipulation. Learn more and get covered👇

1 reply

0 recast

2 reactions

OpenCover pfp

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

0 reply

0 recast

2 reactions

OpenCover pfp

🛡️ OpenCover Alpha – May 2025 🛡️ Explore what we’ve been up to this month – our partnership with vfat, introducing InnerCircle, over $200M covered with Request, and more 👇 https://opencover.substack.com/p/opencover-alpha-may-2025

0 reply

0 recast

0 reaction

OpenCover pfp

🔔 Weekly industry update 🛡️ OpenCover 🔹 vfat users can now directly protect their assets with OpenCover in the vfat UI. 🔹 We added a new pricing display to our dApp. 🌀 Protocols 🔹 @base has reached Stage 1 Decentralization. 🔹 @hyperliquidevm redesigned their UI. 🔹 Arcadia reached $10m in TVL. 🔹 Silo Vaults are live on the @silofinance. 🔹 @pancakeswap Infinity is now live > https://blog.pancakeswap.finance/articles/pancake-swap-infinity-is-now-live-formerly-pancake-swap-v4

1 reply

0 recast

1 reaction

OpenCover pfp

🚀 JUST LAUNCHED 🚀 🛡️ We teamed up with vfat to keep you safe onchain while earning market-leading yields on @base 🔵 Earning safely with DeFi has never been this simple 👇

1 reply

2 recasts

3 reactions

OpenCover pfp

OpenCover's dApp just got smarter 🧠 The new pricing display makes it easy to match top onchain yields with real-time cover costs. Find the best opportunities faster 👇 https://opencover.com/app/?invite=LNDHR&filter=Protocol+Cover

0 reply

0 recast

2 reactions

OpenCover pfp

🔔 Weekly industry update 🛡️ OpenCover 🔹 @beefy Multi Protocol Cover now includes beS, aka Beefy Sonic. 🌀 Protocols 🔹 @superform Rewards are live. 🔹 @silofinance V2 redesigned their UI. 🔹 @symbiotic raised $29m in a Series A, led by @panteracapital.

0 reply

1 recast

2 reactions

OpenCover pfp

🛡️ BEEFY MULTI PROTOCOL UPDATE 🛡️ Our @beefy Multi Protocol Cover now includes beS, aka Beefy Sonic. Learn more 👇 https://docs.beefy.finance/beefy-products/beefy-escrowed-tokens/bes

2 replies

0 recast

2 reactions

OpenCover pfp

🔔 Weekly industry update 🛡️ OpenCover 🔹 Shadow and @pooltogether are officially live on OpenCover. 🚨 Hacks 🔹$5m worth of ZK tokens were stolen from a compromised ZKsync admin account. 🌀 Protocols 🔹 @euler was awarded a 500k OP grant to bring the lending app to @optimism. 🔹 @superform will launch its Rewards Program on Apr 21 > https://mirror.xyz/superform.eth/gKG0U1vPlsBqgyjexCj5Klj6NazxjKo4igKTEQw6OHM 🔹 @extrafi XLend's total market size reached $3 m+ in 6 weeks. 🔹 @moonwell vaults on @base and Optimism are now tracked on @defillama. 🔹 Staking and governance are live on @termlabs.

1 reply

1 recast

0 reaction

OpenCover pfp

🛡️ 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

1 reply

0 recast

4 reactions