CoW AMM Now Available on OpenCover with $1M Coverage
CoW AMM Now Available on OpenCover with $1M Coverage
๐ฎ CoW AMM Gets Protected

OpenCover has launched protection for CoW AMM positions with $1M in cover capacity from Nexus Mutual, available on both Ethereum and Arbitrum networks.
CoW AMM, the first MEV-capturing automated market maker, uses batch auctions to optimize LP returns and eliminate loss-versus-rebalancing issues.
Key features:
- $1M total coverage capacity
- Available on Ethereum and Arbitrum
- L2 deployment saves ~$50 in gas fees
- Streamlined cover management
Visit opencover.com/frens/244 to protect your CoW AMM positions.
๐ก๏ธ NEW COVER LISTED ๐ก๏ธ Savings crvUSD @CurveFinance is officially available on OpenCover! We just unlocked over $1.7m in Savings crvUSD cover capacity from @NexusMutual. Cover your assets on scrvUSD and save over $50 in gas fees ๐ ๐ opencover.com/frens/241
๐ Big news, frens! OpenCover is live on @ProductHunt today! Your onchain safety net for DeFi is here โ and weโve got a special surprise for our early supporters. ๐ Check it out ๐
๐ Weekly industry update ๐ก๏ธ OpenCover: ๐น OpenCover is live on @ProductHunt. ๐ Industry: ๐น @NexusMutual has prepared a new dashboard for sales reports: dune.com/nexus_mutual/cโฆ. ๐น @NexusMutual's Protocol Pricing Parameter adjustments proposal is open for voting until Dec 6:
๐ก๏ธ NEW COVER LISTED ๐ก๏ธ Savings crvUSD @CurveFinance is officially available on OpenCover! We just unlocked over $1.7m in Savings crvUSD cover capacity from @NexusMutual. Cover your assets on scrvUSD and save over $50 in gas fees ๐ ๐ opencover.com/frens/241
๐ Weekly industry update ๐ก๏ธ OpenCover: ๐น Savings crvUSD @CurveFinance is officially available on OpenCover. ๐ Industry: ๐น @NexusMutual issued 3 new plans for its latest product, Cover: Entry Cover, Essential Cover, and Elite Cover > nexusmutual.io/blog/the-easieโฆ ๐ Protocols: ๐น
๐ Weekly industry update ๐ก๏ธ OpenCover: ๐น OpenCover is now available for cbBTC positions on Base and L1. ๐จ Hacks: ๐น @polterfinance lost ~$12m in an #exploit. ๐น @XTexchange was hacked for ~$1.7m. ๐ Industry: ๐น @NexusMutual is collecting testimonials highlighting community
OpenCover Partners with vfat.io for Protected DeFi Yields on Base
OpenCover and vfat.io launch a new integration enabling protected DeFi yields on Base network. Users can now secure their positions across Aerodrome, Uniswap, and PancakeSwap pools against: - Protocol hacks - Oracle manipulation - Liquidation failures - Governance attacks Coverage is backed by Nexus Mutual, which has underwritten over $5B in onchain risk. The protection process is streamlined: 1. Visit vf.at and select pool/deposit amount 2. Enable Buy Cover and choose duration 3. Complete deposit *Coinbase One members receive 10% discount with verified wallets*
OpenCover Updates dApp with Enhanced Pricing Display

OpenCover has rolled out a significant update to their dApp's interface, focusing on improved pricing transparency and yield comparison features. - New pricing display system shows real-time cover costs alongside onchain yields - Enhanced interface helps users identify optimal coverage opportunities more efficiently - Builds on previous March update that simplified cover type selection The platform continues to streamline the process of securing onchain portfolio protection. Users can now make more informed decisions by directly comparing coverage costs with potential yields. [Try the new features](https://opencover.com/app/?invite=LNDHR&filter=Protocol+Cover)
Symbiotic Finance Raises $29M Series A Led by Pantera Capital

Key updates from the web3 ecosystem this week: - Symbiotic Finance secured $29M in Series A funding, with Pantera Capital leading the round - Beefy Finance's Multi Protocol Cover expanded to include beS (Beefy Sonic) - Superform launched their Rewards Program - Silo Finance unveiled a redesigned V2 user interface *Context*: Beefy's expansion on Sonic has grown to over $1B TVL since December 2024. The beS token is yield-bearing and automatically staked for rewards.
Beefy Finance Multi Protocol Cover Now Includes beS Token
Beefy Finance has expanded its Multi Protocol Cover to include beS (Beefy Sonic), a yield-bearing token that automatically generates staking rewards. Key updates: - beS token now protected under Multi Protocol Cover - Beefy's TVL on Sonic chain exceeds $1 billion since December 2024 launch - Coverage available directly through Beefy dApp The Multi Protocol Cover, launched in January 2025 with $1.9m capacity from Nexus Mutual, provides comprehensive protection for Beefy's multichain yield optimization platform and its sub-protocols through a single cover purchase. [Learn more about beS](https://docs.beefy.finance/beefy-products/beefy-escrowed-tokens/bes)
OpenCover Launches One-Click Cover Selection and Custody Protection

OpenCover has released a streamlined cover selector interface, simplifying their digital asset protection process. Users can now choose between three coverage types with a single click: - Protocol Cover for smart contract protection - Depeg Cover for stablecoin risks - Custody Cover for centralized exchange risks The new Custody Cover protects against exchange-related incidents including: - Bankruptcy events - Security breaches - Withdrawal freezes Supported exchanges include Coinbase, Kraken, Binance, OKX, Deribit, BitMEX, and Bybit. [Try the new interface](https://opencover.com/app/?invite=LNDHR)