Biweekly Updates (Jul 25 – Aug 07)

Kindly find out below what we have achieved during the past 2 weeks:

Product and Technology

  • New Cover Listing: Bancor V3
  • Expanded coverage to Metis network for Beefy and QiDao
  • Revised Smart Contract Cover T&C Cover Wording
  • Revised Claim Assessment Process Claim Process
  • Resumed cover sales Buy Cover
  • INSUR token model V2 and governance in development
  • Ongoing SEO optimization

Marketing and Business Development

  • Hosted monthly community AMA
  • Published July Summary of Hacking Events Read more

Press/Media Coverage


  • Twitter followers: 40.7k
  • Telegram members: 11.9k
  • Discord members: 9k
  • Instagram followers: 9.3k
  • Reddit followers: 2k


  • Total Value Locked: $20.15M
  • Total Cover Sold: $344M
  • Total Premium Sold: $1.97M
  • Total Users: 50540
  • Total Token Holders: 11572

About is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.

At the time of writing, has provided coverage to 120+ protocols, safeguarding over $340M+ DeFi assets on 20 public chains. is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital, LongHash Ventures and a dozen of other top funds. 

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