OpenCover's Insured Vault Passes Security Audit with Zero Vulnerabilities Found
OpenCover's Insured Vault Passes Security Audit with Zero Vulnerabilities Found
馃敀 Unbreakable vault survives 700 hackers
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 attempted to break the Insured Vault primitive
- Zero valid security findings reported
- The audit validates the security of OpenCover's latest protocol upgrade
The successful audit represents a significant milestone for OpenCover, which provides onchain insurance against smart contract hacks, oracle failures, and other DeFi risks. The team, particularly @matrixtehen, received recognition for their work on the security-focused implementation.
This follows a pattern of thorough security testing in the DeFi space, similar to recent audits like Centrifuge's $250k security contest that concluded in January 2026.
Perfect is the enemy of good, except when it comes to security. The results are out: 700+ security researchers at @sherlockdefi tried to break our new Insured Vault primitive, without success. Not a single valid find. Kudos to the OpenCover team and especially @matrixtehen馃挭
OpenCover Integrates Protected Yield Vaults into Superform Base Mini App
**OpenCover has integrated its Covered USDC Vaults directly into the Superform Base Mini App**, streamlining access to protected yield for users. **Key features:** - Users can now access yield protection without a separate insurance workflow - Integration is native to the Superform platform on Base - Simplifies the process of earning protected returns on USDC deposits The integration represents a step forward in making DeFi risk protection more accessible by embedding it directly into yield-generating platforms rather than requiring separate insurance steps.
馃敟 OpenCover Launches Protection for Morpho Gauntlet USDC Prime Vault on Optimism
OpenCover now offers protection coverage for the Morpho Gauntlet USDC Prime vault on Optimism. **Key Details:** - Coverage available for smart contract risks and oracle failures - The vault recently crossed $2M in total deposits - Protection sourced from vetted onchain underwriters This marks an expansion of risk management options for DeFi users on Optimism's Layer 2 network.
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.
OpenCover Launches Depeg Protection for Neutrl USD Stablecoin
OpenCover has introduced **Depeg Cover** for Neutrl USD (NUSD), a synthetic stablecoin with over $200M in total value locked. **Key Features:** - Protection against depegging incidents for NUSD holders - Coverage extends to sNUSD (staked NUSD), which generates yields for stakers - Neutrl delivers market-neutral returns through OTC market strategies The depeg cover provides security for users earning yields with Neutrl's institutional-grade stablecoin products. This follows OpenCover's recent expansion of depeg protection to other DeFi protocols. Learn more about [Neutrl](https://twitter.com/Neutrl) and their synthetic dollar offerings.