DeFi Risk Coverage platform update
Ecosystem overview November 9th, 2021
Over the last four months, the Decentralized Insurance Industry has been growing rapidly. Where Nexus Mutal and Armorfi used to be the only serious players, three new champions are joining the stage- InsurAce, BridgeMutual and Unslashed.
Highlights
- Nexus Mutual market capitalization over $1bn - very impressive!
- InsurAce has been steadily growing in all categories for the past few months. This may be attributed to their extensive integration with many protocols.
- Unslashed Cover Liquidity showing very promising growth. Their capital supply is primarily from their Spartan Bucket, a diversified capital pool.
Nexus Mutual Top 3 protocols covered:
Bridge Mutual Top 3 protocols covered:
Insurace Top 3 protocols covered:
About Bright Union
Bright Union is the world-leading multi-chain decentralized finance cover marketplace. Our mission is to safeguard your digital assets from hacks, smart contract failures and rug pulls by empowering the crypto community to cover one another in a decentralized and permissionless manner.
Bright Union provides the most comprehensive range of crypto insurance on the market at competitive prices. Furthermore, Bright Union will soon release its unique suite of cutting-edge risk solutions, providing investors with outstanding investment and coverage opportunities.
Be Bright and take part in the growth of decentralized crypto coverage and get $BRIGHT via Uniswap, or MexC Global exchange.
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