YO Protocol Launches Governance Token and Expands to Arbitrum
YO Protocol Launches Governance Token and Expands to Arbitrum
🔔 YO goes multi-chain
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 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
🛡️ NEW COVER LIVE 🛡️ ⚔️ Depeg Cover is now available for @Neutrl USD. 🔒 With a TVL of $200M+, Neutrl is a synthetic dollar that delivers premium market-neutral yields by harnessing exclusive OTC market strategies.
🔔 Weekly Covered Yield Update OpenCover: 🛡️ Protocol Cover is now available for @HybraFinance, the public liquidity layer on @HyperliquidX. 🛡️ Our audit contest with @sherlockdefi is live. Covered protocols: 🔹 @superformxyz is allocating 10,000,000 UP rewards to depositors in
🔔 Weekly Covered Yield Update Covered protocols: 🔹 @yield introduced governance token $YO. 🔹 YO now supports Arbitrum yield sources, kicking off with Revert's Lend USDC added to yoUSD. 🔹 @capmoney_ launched Cap Homestead Program.
🔔 Weekly Covered Yield Update OpenCover: 🛡️ We have been integrated into the @capmoney_ UI. 🛡️ Depeg Cover is now available for @Neutrl USD and @sparkdotfi. Covered protocols: 🔹 @NexusMutual v3 is live, with expert-led claims, reworked governance, RAMM value to stakers, and a
🛡️ We're pleased to share our integration with @capmoney_ 🧢🤝🛡️ ✅ You can cover your Cap positions inside their dApp, with just a few clicks. ⚔️ Protect your onchain wealth and earn covered yield.
Cap has always made security a top priority. Now you can too. We've partnered with @OpenCover to offer @NexusMutual coverage directly in our UI with protection against smart contract risk, depegs, and @pendle_fi market exposure.
⚔️ What's included? Protocol Cover for @capmoney_ and Pendle YT/PT protects you against: 👾 Protocol hacks 📉 Oracle manipulation ❌ Liquidation failures ⚔️ Governance attacks 🪙 Depeg Cover for cUSD protects against cUSD losing its peg by 10% for more than 7 consecutive days.
🛡️ CAP COVERED YIELD 🛡️ 🧢 Hold cUSD, by @capmoney_, for automated yield, or deploy it in @pendle_fi (and earn up to 20x cap points). 🪙 With a TVL of $400M+. cap generates yield through private credit, and let's you earn it just by holding.
🧢 Did you know we integrated @capmoney_? ➡️ Users can now purchase cover and protect assets without leaving the Cap dApp. 🛡️ Frictionless cover is here. Read more 👇
🧢 CAP INTEGRATION 🧢 🛡️ Covering your @capmoney_ positions (including your @Pendle_fi YT/PTs!) just got even easier with the Cap dApp integration. ✅ Underwritten at @NexusMutual, it's never been easier to protect your onchain wealth. Alpha inside 👇
🛡️ Depeg Cover protects you in case of a depegging incident. With depeg cover you get peace of mind while using and earning with @Neutrl. 👉 NUSD is an institutional-grade, synthetic stablecoin, while sNUSD (staked NUSD) offers yields to stakers.
🛡️ Protocol Cover for @HybraFinance protects you against: 👾 Protocol hacks 📉 Oracle manipulation ❌ Liquidation failures ⚔️ Governance attacks
🛡️ NEW COVER LIVE 🛡️ 🔒 Protocol Cover is now available for @HybraFinance, the public liquidity layer on @HyperliquidX. 👉 With $3B+ in volume, Hybra makes liquidity easy.
✅ Cover your @HybraFinance positions for 0.46% p/m, and earn on your stablecoins and Hyperliquid-ecosystem, including ~9% on USDC/USDT0. 👉 Protect your assets and do DeFi the smart way opencover.com/hybra 👈
🧢 CAP INTEGRATION 🧢 🛡️ Covering your @capmoney_ positions (including your @Pendle_fi YT/PTs!) just got even easier with the Cap dApp integration. ✅ Underwritten at @NexusMutual, it's never been easier to protect your onchain wealth. Alpha inside 👇
🛡️ Depeg Cover protects you in case of a depegging incident, giving you peace of mind as you earn with @sparkdotfi's non-custodial and real-time compounding savings.
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)
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.