OpenCover October Update: ArcadiaFi Payouts, Hyperliquid Coverage, and Fido Auto-Cover
OpenCover October Update: ArcadiaFi Payouts, Hyperliquid Coverage, and Fido Auto-Cover
🛡️ OpenCover October Reveals

OpenCover released their October 2025 alpha update highlighting key developments in DeFi insurance.
Key Updates:
- ArcadiaFi payout user satisfaction metrics
- Hyperliquid ecosystem coverage expansion
- Fido automatic cover implementation
- Additional platform improvements and features
The monthly update provides insights into OpenCover's progress in making onchain risk protection more accessible and affordable.
YO Protocol Launches Governance Token and Expands to Arbitrum
**Key Updates from Covered Yield Protocols:** - **YO Protocol** introduced its governance token $YO and expanded support to Arbitrum yield sources, starting with Revert's Lend USDC integration into yoUSD - **Cap** launched the Cap Homestead Program **Recent OpenCover Developments:** - Protocol Cover now available for [Hybra Finance](https://opencover.com/hybra) on Hyperliquid, protecting against hacks, oracle manipulation, liquidation failures, and governance attacks at 0.46% monthly - Integration with Cap enables users to purchase cover directly within the Cap dApp - Depeg Cover launched for Neutrl USD and Spark **Other Protocol News:** - Superform allocating 10M UP rewards to SuperVaults v2 depositors - Dolomite reached $200M ATH in total borrows - Fluid announced $200K USDC bug bounty for DEX v2 - Euler Finance now live on Hyperliquid
OpenCover and Nexus Mutual Launch First Comprehensive DeFi Risk Taxonomy

OpenCover and Nexus Mutual are releasing the **Onchain Risk Map 2026**, described as the first comprehensive taxonomy of DeFi risk. **Key Details:** - Designed for risk professionals, protocols, and institutional DeFi users - Full report and webinar scheduled for February 11 - Aims to standardize how blockchain risk is understood and managed across the industry The initiative represents a significant step toward professionalizing risk assessment in decentralized finance, providing a structured framework for evaluating threats in the DeFi ecosystem.
OpenCover Partners with Cap Money for Integrated DeFi Coverage

OpenCover has integrated with Cap Money to offer protection for cUSD and stcUSD positions directly within the Cap dApp. **Key features:** - Users can protect their Cap positions with a few clicks - Coverage available for smart contract risks while earning yield - Seamless integration allows users to maintain positions without leaving the platform The partnership enables DeFi users to add a layer of security to their yield-generating assets without disrupting their existing workflows. Coverage can be purchased directly through the Cap Money interface. Learn more: [OpenCover announcement](https://x.com/OpenCover/status/2011092610715435209)
OpenCover Launches Protection for Hybra Finance Positions at 0.46% Monthly
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)
Hybra Finance Protocol Cover Now Protects Against Hacks, Oracle Manipulation, and Governance Attacks
OpenCover has launched Protocol Cover for Hybra Finance, the public liquidity layer on Hyperliquid. **Coverage includes protection against:** - Protocol hacks - Oracle manipulation - Liquidation failures - Governance attacks Hybra Finance has processed over $3 billion in volume as a liquidity infrastructure on Hyperliquid. The Protocol Cover acts as insurance for users' positions against these specific onchain risks. This coverage is underwritten through Nexus Mutual, which has covered $6B+ in onchain risk to date.