Is Web3 Finally Solving Its Risk Problem? A Market Review of DeFi Insurance Models
Decentralized finance (DeFi) insurance—often called “cover” or insurance alternative—offers products designed to help manage the unique risks in DeFi, such as protocol hacks or stablecoin de-pegging. In contrast to traditional insurance, exemplified by FDIC insurance, which safeguards against financial losses stemming from custodian mismanagement (e.g., bank insolvency), DeFi intrinsically addresses ...
