Arcadia Exploit Claims Now Open

OpenCover's new Insured Vault primitive has successfully passed a rigorous security audit conducted by Sherlock, with over 700 security researchers unable to identify a single valid vulnerability. **Key Highlights:** - 700+ security researchers from [@sherlockdefi](https://twitter.com/sherlockdefi) attempted to break the Insured Vault primitive - Zero valid security findings reported - The audit validates the security of OpenCover's latest protocol upgrade - Special recognition given to the OpenCover team and [@matrixtehen](https://twitter.com/matrixtehen) This successful audit demonstrates OpenCover's commitment to security-first development, particularly important for a protocol focused on protecting users against onchain risks like smart contract hacks and oracle failures.

A new interactive tool called the Onchain Risk Map has launched to help users navigate DeFi threats. Built in collaboration with Nexus Mutual, the platform categorizes onchain risks into six primary areas: - **Custody risk** - threats to asset storage and control - **Transaction risk** - issues with trade execution - **Protocol risk** - smart contract vulnerabilities - **Digital asset risk** - token-specific concerns - **Staking risk** - validator and staking-related issues - **Systemic risk** - broader market threats The tool provides a structured methodology for understanding and assessing DeFi security concerns. Users can explore the interactive map at [onchainriskmap.com](https://onchainriskmap.com/map) to better understand potential vulnerabilities in their DeFi activities. This represents the first unified framework designed specifically to help users visualize and navigate the complex landscape of onchain risks.

OpenCover's CEO breaks down the fundamental risks users face when signing blockchain transactions. The company has launched an **interactive Onchain Risk Map** that categorizes risks into six distinct types, helping users understand potential vulnerabilities before executing transactions. The educational content focuses on two top-level transaction risk categories: - **Technical risks** - including smart contract vulnerabilities and oracle failures - **Operational risks** - related to protocol management and execution The risk map serves as a unified framework for navigating DeFi security concerns, developed in collaboration with Nexus Mutual's leadership team. Users can explore the [interactive tool](onchainriskmap) to better understand how different risk categories might affect their transactions and portfolio protection strategies.

OpenCover is hosting an exclusive reception at The Carlton Cannes during EthCC to preview their new **covered vault primitive**. **Key Details:** - Target audience: institutions, platforms, and fintechs - Event format: inner circle reception with champagne and canapés - Focus: next generation of vault risk transfer solutions The covered vault primitive represents OpenCover's latest development in onchain risk protection, building on their existing offerings for smart contract hacks and oracle failures.

OpenCover now offers coverage for Hybra Finance positions at a monthly rate of 0.46%. Users can protect their assets while earning yields on stablecoins within the Hyperliquid ecosystem. **Key Features:** - Monthly coverage cost: 0.46% - Earn approximately 9% on USDC/USDT0 - Protection available for Hyperliquid-ecosystem assets The service allows users to safeguard their DeFi positions while maintaining earning potential on their holdings. [Learn more about Hybra coverage](https://opencover.com/hybra)