record claims

  • DeFi Insurance paid a total of $34.4 million in claims in 2022

    According to reports, according to OpenCover statistics, the DeFi insurance track paid a record $34.4 million in claims in 2022, exceeding 90% of historical expenses, but only 0.5% of the DeFi market value was insured. The total liquidity of DeFi insurance providers has reached 186000 ETHs (approximately $286 million), a figure that has hovered between $210 million and $394 million in the past nine months. Nexus Mutual dominates the market with a share of around 80%. Interpretation of this information: The message discusses the performance of the DeFi insurance track…

    03/21/2023
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