Your keys, your coins, your risk.

Welcome to OpenCover, the #1 source for DeFi cover data, news and insights. Compare cover providers to derisk your portfolio for free.

Tracking 96.7% of DeFi cover activity by public TVL across Ethereum, Polygon, Arbitrum, Optimism, BNB Smart Chain, Astar and Avalanche.

Tracking 96.7% of DeFi cover activity by public TVL on 7 chains.

Total Value Locked across DeFi cover providers

Total Value Locked

Active Cover Amount

Covers sold

Claims

Payouts

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The State of DeFi Insurance Alternatives (DeFi Cover)

Your keys, your coins, your risk — safety remains the fundamental challenge to wider onchain adoption. Discover our latest industry report shedding light on the state of DeFi insurance alternatives.

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The State of DeFi Insurance Alternatives (DeFi Cover) 2023

DeFi cover providers

Name

TVL

ACA

Premiums earned

Claims

Payouts

* Excludes specialized cover, ** Excludes external coverage

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The definitive guide to DeFi cover (DeFi insurance alternatives)

DeFi cover, often informally referred to as DeFi insurance, is designed to protect against decentralized finance’s unique risks from protocol hacks to stablecoin depegs.