Biweekly Updates (Sep 19 – Oct 02)

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

Product and Technology

  • New Cover Listing: Ola Finance
  • Product Relaunch: Stablecoin de-peg cover
  • Cover wording updates: Stablecoin de-peg cover and Smart contract cover Cover Wording
  • Claim settlement: Planet Finance Read more
  • Expanded cover capacity limit
  • INSUR token model V2 and governance in development
  • Ongoing SEO optimization

Marketing and Business Development

  • Attended Token 2049 Singapore
  • Attended Mainnet 2022 NYC
  • Listed on DeepDAO Read more


  • Twitter followers: 42.8k
  • Telegram members: 9.8k
  • Discord members: 6.2k
  • Instagram followers: 7.4
  • Reddit followers: 2k


  • Total Value Locked: $16.62M
  • Total Cover Sold: $343M
  • Cumulative Cover Payment: $1.96M
  • Total Users: 52784
  • Total Token Holders: 11704

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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