Biweekly Updates (Aug 22 – Sep 04)

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

Product and Technology

  • New Cover Listing: Wombat Exchange, Yeti Finance
  • Add new network coverage: Homora V2 (Optimism)
  • Distributed the September Compensation for stakers affected by UST de-peg cover claim
  • INSUR token model V2 and governance in development
  • Ongoing SEO optimization

Marketing and Business Development

Press/Media Coverage


  • Twitter followers: 42.1k
  • Telegram members: 9.8k
  • Discord members: 6.2k
  • Instagram followers: 7.4
  • Reddit followers: 2k


  • Total Value Locked: $17.05M
  • Total Cover Sold: $343M
  • Cumulative Cover Payment: $1.96M
  • Total Users: 51674
  • Total Token Holders: 11682

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 130+ 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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