OpenCover

OpenCover and vfat.io launch a new integration enabling protected DeFi yields on Base network. Users can now secure their positions across Aerodrome, Uniswap, and PancakeSwap pools against: - Protocol hacks - Oracle manipulation - Liquidation failures - Governance attacks Coverage is backed by Nexus Mutual, which has underwritten over $5B in onchain risk. The protection process is streamlined: 1. Visit vf.at and select pool/deposit amount 2. Enable Buy Cover and choose duration 3. Complete deposit *Coinbase One members receive 10% discount with verified wallets*

OpenCover has rolled out a significant update to their dApp's interface, focusing on improved pricing transparency and yield comparison features. - New pricing display system shows real-time cover costs alongside onchain yields - Enhanced interface helps users identify optimal coverage opportunities more efficiently - Builds on previous March update that simplified cover type selection The platform continues to streamline the process of securing onchain portfolio protection. Users can now make more informed decisions by directly comparing coverage costs with potential yields. [Try the new features](https://opencover.com/app/?invite=LNDHR&filter=Protocol+Cover)

Key updates from the web3 ecosystem this week: - Symbiotic Finance secured $29M in Series A funding, with Pantera Capital leading the round - Beefy Finance's Multi Protocol Cover expanded to include beS (Beefy Sonic) - Superform launched their Rewards Program - Silo Finance unveiled a redesigned V2 user interface *Context*: Beefy's expansion on Sonic has grown to over $1B TVL since December 2024. The beS token is yield-bearing and automatically staked for rewards.

Beefy Finance has expanded its Multi Protocol Cover to include beS (Beefy Sonic), a yield-bearing token that automatically generates staking rewards. Key updates: - beS token now protected under Multi Protocol Cover - Beefy's TVL on Sonic chain exceeds $1 billion since December 2024 launch - Coverage available directly through Beefy dApp The Multi Protocol Cover, launched in January 2025 with $1.9m capacity from Nexus Mutual, provides comprehensive protection for Beefy's multichain yield optimization platform and its sub-protocols through a single cover purchase. [Learn more about beS](https://docs.beefy.finance/beefy-products/beefy-escrowed-tokens/bes)

OpenCover has released a streamlined cover selector interface, simplifying their digital asset protection process. Users can now choose between three coverage types with a single click: - Protocol Cover for smart contract protection - Depeg Cover for stablecoin risks - Custody Cover for centralized exchange risks The new Custody Cover protects against exchange-related incidents including: - Bankruptcy events - Security breaches - Withdrawal freezes Supported exchanges include Coinbase, Kraken, Binance, OKX, Deribit, BitMEX, and Bybit. [Try the new interface](https://opencover.com/app/?invite=LNDHR)

The Base Pass has received a significant upgrade, expanding protection coverage to 16 protocols that represent over 80% of Base's TVL. Key updates include: - Monthly protection rate reduced to 0.3% - Integration with Coinbase One perks (10% additional savings) - 7 new supported protocols including Aave v3, CoWSwap, and Uniswap v4 The pass, developed with Nexus Mutual, protects against: - Protocol hacks - Liquidation failures - Oracle manipulation - Governance attacks Claims are typically processed within 5 days. Users can start protecting their portfolio at [opencover.com/basepass](http://opencover.com/basepass)

OpenCover is participating in ETHDenver with two major announcements: - **Special Giveaway**: Purchase any cover amount to spin a prize wheel for chances to win ETH, limited edition Ledgers, and Yetis at [opencover.com/spintowin](http://opencover.com/spintowin) - **Educational Talk**: Join their session on 'Onchain Insurance 101' discussing DeFi insurance's role in institutional adoption. [View session details](http://ethdenver.com/sessions/recsFeXqq2XrQcXFj) *Bonus*: New users can get free coverage up to $1,000 through Coinbase One partnership.

**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*

OpenCover has expanded its coverage capacity through Nexus Mutual, now offering $5.6M in bundled protection for Morpho Labs and Morpho Vaults on both Base and Ethereum networks. Key updates: - Increased coverage from previous $1.7M capacity - Protection extends to underlying vaults - Single cover purchase eliminates need for multiple policies - Users save $50+ in gas fees The streamlined solution provides comprehensive protection while simplifying cover management for DeFi users. Visit opencover.com/morphovaults to secure coverage.

OpenCover has launched protection for CoW AMM positions with $1M in cover capacity from Nexus Mutual, available on both Ethereum and Arbitrum networks. CoW AMM, the first MEV-capturing automated market maker, uses batch auctions to optimize LP returns and eliminate loss-versus-rebalancing issues. Key features: - $1M total coverage capacity - Available on Ethereum and Arbitrum - L2 deployment saves ~$50 in gas fees - Streamlined cover management Visit opencover.com/frens/244 to protect your CoW AMM positions.