InsurAce Biweekly Report Biweekly Updates (JUL24-AUG07)

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

Product and Technology

  • INSUR token model V2 and governance in development
  • New Protocol Listed: dForce and Lyra

Marketing and Business Development


  • Twitter followers: 41.9k
  • Telegram members: 7k
  • Discord members: 5.9k
  • Instagram followers: 7k
  • Reddit followers: 4.4k


Total Value Locked: $4.29M

Total Cover Sold: $378M

Cumulative Cover Payment: $2.17M

Total Users: 71112

Total Token Holders: 12782

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 140+ protocols, safeguarding over $380M+ 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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