Pendle Protocol Offers Protection for DeFi Investments
Pendle Protocol Offers Protection for DeFi Investments
🔒 Secure Your DeFi Yields
Pendle Protocol is offering bundled protocol cover to protect users' investments in various DeFi protocols against smart contract risks such as hacks and exploits. The cover provides coverage across multiple protocols, including EigenLayer, KelpDAO, Pendle, Zircuit staking contracts, and others. Users can purchase the bundled protocol cover on platforms like Nexus Mutual and OpenCover. The cover aims to provide peace of mind for users earning high yields in DeFi by safeguarding their deposits against potential risks.
Arbitrum enjoooyers earning fixed yield on $rsETH in the Pendle markets can safeguard their deposits against smart contract risk with coverage from Nexus Mutual 🛡️ EigenLayer + KelpDAO + Pendle Bundled Protocol Cover provides protection across all 3 protocols! Learn more 👇
Looking to get deep in the weeds on $rsETH (Zircuit) Fixed Yield? Be sure to protect your position against smart contract risk with KelpDAO (Zircuit) Pendle Bundled Protocol Cover, w/ coverage for: 🔹 EigenLayer 🔹 KelpDAO 🔹 Pendle 🔹 Zircuit staking contract Learn more 👇
In the $eETH (Zircuit) Fixed Yield Market on Pendle earning double-digit yields? Protect your deposit with Etherfi (Zircuit) Pendle Bundled Protocol Cover 🛡️ Protect against smart contract risk across all 4 protocols and earn with peace of mind!
Protect your PTs with Pendle Protocol Cover 🛡️ Earn high APYs with peace of mind knowing you're covered against the biggest risks in DeFi ⬇️ v2.nexusmutual.io/cover/product/…
You know those crazy fixed yield loopers on @SiloFinance? The ones who are driving up them ETH yield in PT Silos? Here's your chance to get a piece of the action yourself: 🔹 sETH ( @RenzoProtocol PT-ezETH Silo) 🔹 sETH ( @ether_fi PT-eETH Silo) Now live on Pendle @Arbitrum 💙
Earning a high APY in the Swell fixed yield in the Pendle Ethereum markets? Don't forget to safeguard your deposits with EigenLayer + Swell + Pendle Bundled Protocol Cover 🛡️ Protect against smart contract risk across all 3 protocols and earn with peace of mind! Learn more 👇
$GHO LPs earning on Maverick can protect their deposits against smart contract risk with Maverick Protocol Cover 🛡️ Protect against hacks/exploits with coverage that pays when you need it most 👇 v2.nexusmutual.io/cover/product/…
$GHO @GHOAave yield on @mavprotocol is next level 👀 Whales can enjoy and not dilute this Boosted Position 111 or 113 if you want long duration elevated yield anon app.mav.xyz/boosted-positi…
Nexus Mutual Expands Coverage to New Morpho Vaults Across Multiple Networks
Nexus Mutual has updated its Blue Chip Morpho Vaults listing with new markets across multiple networks including Ethereum, Base, Unichain, World Chain, and Corn. Key additions include: - MEV Capital PTs Vault (Ethereum) - OpenEden USDC Vault (Base) - Xlend USDC Vault (Base) - Multiple USDC & WETH vaults on various chains Coverage protects against: - Smart contract hacks - Oracle failures/manipulation - Liquidation failure - Governance attacks Single market coverage quotes available at [nexusmutual.io/contact](https://nexusmutual.io/contact) View full vault listing in the updated [Annex](https://api.nexusmutual.io/ipfs/QmdLGjtKDELJTBjiHjpgKurPZgJn1qkC73m54rM3po3cdv)
DeFi Pulse Hosts Open Forum on Crypto Law and Legal Risks
DeFi Pulse is organizing an Open Forum focused on critical legal challenges in the crypto space. The session will cover: - Legal gray areas in DeFi protocols - Enforcement of smart contract code - Key court cases affecting the industry - Specific risks for yield aggregator platforms The forum brings together crypto lawyers, builders, and community members to discuss legal exposure and compliance strategies. [Join the discussion live](https://www.youtube.com/watch?v=BySsF3LwiQI).
OpenCover Enhances Base Pass DeFi Protection
OpenCover has updated their Base DeFi Pass, enhancing security for DeFi activities on Base network. Key features include: - Protection against hacks, smart contract bugs, and protocol failures - Coverage for 9 major protocols including Aerodrome, Beefy, Uniswap - Partnership with Nexus Mutual for comprehensive coverage Base creator Jesse Pollak endorsed the pass in CoinDesk, highlighting its role in building user confidence. The platform offers a free 30-day trial covering up to $10,000 in protection per user. Learn more: [Base DeFi Pass](https://opencover.com/basepass/)
Nexus Mutual DAO Offers $600,000 in Grants
The Nexus Mutual DAO has announced nearly $600,000 in available grants. This significant funding opportunity is open for applications, with details on the Request for Proposals (RFPs) and application process available on their website. Key points: - Almost $600,000 in grants available - Open RFPs for various projects - Application process detailed on NexusMutualDAO website **How to apply:** 1. Visit https://nexusmutualdao.io/grants-program 2. Review open RFPs 3. Submit your application *Interested in contributing? Check out the program and see if your ideas align with their current priorities!*
This Week in DeFi: Slow Start to Uptober
International tensions led to a bearish start for crypto this week, with ETH facing additional pressure from decreased L1 activity and fees. Key developments: - SWIFT to trial digital asset transactions with banks in 2025 - Synthetix community approves major governance change - EigenLayer token debuts with $7B valuation - FTX creditors approve reorganization plan - Solana DEX volumes surpass Ethereum again - Japan to review crypto financial regulations Despite the slow start, the DeFi ecosystem continues to evolve with significant governance changes, new token launches, and regulatory developments shaping the landscape.