Pendle Multi Cover Now Available on OpenCover
Pendle Multi Cover Now Available on OpenCover
🛡️ Pendle Protection Just Dropped
OpenCover has launched Pendle Multi Cover, offering protection for assets on Pendle and its underlying protocols through Nexus Mutual. Key features:
- $5.3m cover capacity available
- Includes protection for sub-protocols in single purchase
- $50+ savings on L1 fees
- Streamlined cover management
Pendle, with $5.3b TVL, specializes in future yield tokenization and trading through its AMM system.
Visit opencover.com/pendle to secure coverage
🏆 Milestone achieved 🏆 OpenCover and @RequestFinance have officially surpassed $100M in transactions covered — making blockchain payments safer than ever before. 🧵 Here’s how we’re redefining onchain security together 👇
🔔 Weekly industry update 🛡️ OpenCover: 🔹 We protected over 200 BTC of deposits for @derivexyz users in less than a month. 🔒 Industry: 🔹 @NexusMutual released their Q4 2024 report > forum.nexusmutual.io/t/fourth-quart… 🔹 @NexusMutual's proposal to repay the @aave loan once ETH reaches
🛡️ NEW COVER LISTED 🛡️ @beefyfinance Multi Cover is now live on OpenCover 🐮 We just unlocked $1.9m of Beefy Multi Cover capacity from @NexusMutual. Sub-protocols are included, offering full protection with a single cover purchase. Get started 👇 opencover.com/beefy
🛡️ NEW COVER LISTED 🛡️ CoW AMM @CoWSwap is officially available on OpenCover 🚀 We just unlocked $1m of CoW AMM cover capacity from @NexusMutual on @Ethereum and @Arbitrum. Protect your positions on CoW AMM and save over $50 in gas fees on L2 🚀 👉 opencover.com/frens/244
🛡️ NEW BUNDLED COVER LISTED 🛡️ Protect your positions on @MorphoLabs + Morpho Vaults and their underlying protocols 🦋 Save over $50 in gas fees and streamline cover management Enjoy broad protection in just one cover purchase opencover.com/morphovaults
🔔 Weekly industry update 🛡️ OpenCover: 🔹 OpenCover and @RequestFinance surpassed $100M in transactions covered. 🔹 We unlocked $5.6m of Bundled Cover capacity from @NexusMutual across @MorphoLabs + Morpho Vaults and their underlying protocols. 🚨 Hacks: 🔹 @Moby_trade
🛡️ Protect Your DeFi Assets with Essential Cover 🛡️ Powered by @NexusMutual, it shields you from hacks, bugs, and failures on 40+ leading holding, trading, and borrowing platforms. The ultimate plan for stress-free lending and borrowing. Start now 👇 opencover.com/essential/
🔔 Weekly industry update 🛡️ OpenCover: 🔹 Our partnership with @RequestFinance has covered over $100m in transactions. 🌀 Protocols: 🔹 @Uniswap's monthly Base volume set a new ATH at $15.65b. 🔹 @CoWSwap increased the maximum deadline for limit orders from 6 months to 1 year.
🔔 Weekly industry update 🛡️ OpenCover: 🔹 We launched 3 Comprehensive Covers with @NexusMutual—Entry, Essential, and Elite. 🔹 OpenCover is now listed on the @Coinbase cbBTC ecosystem page. 🌀 Protocols: 🔹 @eulerfinance started the year with $200m in TVL and a proposal to go
🔔 Weekly industry update 🛡️ OpenCover: 🔹 @beefyfinance Multi Cover is live on OpenCover. 🚨 Hacks: 🔹 $29 million worth of funds were drained from one of @Phemex_official's hot wallets. 🌀 Protocols: 🔹 @LiquityProtocol V2 is now live with yield festival incentives. 🔹
🛡️ NEW BUNDLED COVER LISTED 🛡️ We just unlocked $5.6m of Bundled Cover capacity from @NexusMutual across @MorphoLabs + Morpho Vaults on @base and @ethereum 🦋 More good news: the underlying vaults are also protected, removing the need to purchase multiple covers. Learn more 👇
🛡️ NEW COVER LISTED 🛡️ @beefyfinance Multi Cover is now live on OpenCover 🐮 We just unlocked $1.9m of Beefy Multi Cover capacity from @NexusMutual. The best part? Sub-protocols are covered too, so you’re fully protected with just one cover purchase. Get started 👇
🔔 Weekly industry update 🛡️ OpenCover: 🔹 CoW AMM @CoWSwap is officially available on OpenCover. 🌀 Protocols: 🔹 @GMX_IO proposed an elaborate development plan for GMX v2.2 and v2.3 > gov.gmx.io/t/gmx-v2-2-v2-… 🔹 @compoundfinance launched a $1m bug bounty program on @immunefi.
🛡️ NEW COVER LISTED 🛡️ CoW AMM @CoWSwap is officially available on OpenCover 🚀 Keep your assets safe on CoW AMM with @NexusMutual and streamline cover management. Learn more and find onchain peace of mind 👉 opencover.com/frens/244
OpenCover Alpha February 2026 Update
OpenCover has released its February 2026 alpha update, detailing recent developments in their onchain risk protection platform. The newsletter covers: - Latest platform improvements and features - Updates on their coverage offerings for smart contract risks - Community initiatives and engagement activities - Progress on their underwriter network OpenCover continues to focus on making portfolio protection accessible and affordable for users navigating onchain risks like smart contract exploits and oracle failures. [Read the full update](<https://open.substack.com/pub/opencover/p/opencover-alpha-february-2026?r=2chtfi&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true>)
OpenCover Launches Onchain Risk Map 2026 and CAP Protection
OpenCover released its February 2026 update, highlighting several key developments: - **Onchain Risk Map 2026**: The first comprehensive taxonomy of DeFi risk, developed with Nexus Mutual for risk professionals, protocols, and institutional users. Full report and webinar scheduled for February 11. - **CAP in-dApp Protection**: New protection feature now available within the application. - **DAF London**: Participation in decentralized finance events in London. The risk map aims to standardize how blockchain risk is understood and managed across the DeFi ecosystem, providing a structured framework for evaluating onchain vulnerabilities. [Read the full update](https://open.substack.com/pub/opencover/p/opencover-alpha-february-2026)
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, covering protocol hacks, oracle manipulation, liquidation failures, and governance attacks at 0.46% monthly - Depeg Cover launched for Neutrl USD and Spark - Integration with Cap enables users to purchase cover directly within the Cap dApp for their positions, including Pendle YT/PT tokens
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.