Underpinned by the Polkadot network, Insured Finance is a P2P insurance marketplace. Market participants can easily request or provide coverage on a wide variety of cryptocurrency assets. Claims are fully collateralized and payouts are instant.
Protect against bugs and smart contract exploits. Tens of millions in USD value has evaporated at the hands of smart contract attacks. Insured Finance users can protect against such events.
Hundreds of million in USD value has been lost due to exchange hacks. Insured Finance users can insure their holdings on a cryptocurrency exchange. If the exchange is hacked or experiences bankruptcy, users with coverage are compensated.
The stablecoin market has grown to over $25 billion. Stablecoins remain exposed to a variety of risks like security lapses and issuer bankruptcy. Insured Finance users can protect against stablecoin failure. Hedge DeFi Positions by covering Rug Pull possibilities. If a rug pull happens, Insured Finance users are covered.
