DeFi Yield — With Peace of Mind.

Covered yield refers to protocol positions protected against black swans and bad actors using DeFi-cover — the onchain native version of insurance.

Covering DeFi positions is an increasingly popular way to outperform offchain savings rates while mitigating protocol, economic, and asset risk.

There are different options to suit your needs.

Protocol cover protects you against:

• Smart contract exploits
• Oracle manipulation/failure
• Liquidation failure
• Governance attacks

Depeg cover protects you against:

• Stablecoins losing their pegs to the target fiat currency (e.g. 1 USDC worth less than 1 USD)
• Wrapped assets losing their pegs to the target cryptocurrency (e.g. 1 WBTC worth less than 1 BTC)

There are 2 ways:

1) The covered yield platforms above allow you to purchase cover directly through their dApp/product.

2) If you already have DeFi positions, find them below and click the relevant tiles to buy your cover on OpenCover.

If you are interested in providing cover to your users, please follow the instructions on this protocol listings page if you are a protocol owner or get in touch with our team.

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