00:00Top 10 DeFi insurance tokens. So we're talking about the risk layer protecting cryptos, millions and trillions of dollars, right?
00:10So DeFi solved finance, but it didn't solve the problem of risk and smart contracts can get hacked, stable coins,
00:19DPEG protocols fail, right?
00:21So, and when they do, you know, there's not a bank to call and that's why there is this emerging
00:29sector of DeFi insurance, a critical layer really designed to protect user funds, protocol liquidity, institutional capital and on-chain
00:38financial systems.
00:39Because, you know, as DeFi grows, risk becomes investable, right?
00:43So what is DeFi insurance? In short, it's a decentralized risk sharing system where users can purchase coverage against crypto
00:53-native risks such as hacks, exploits, DPEGs, instead of our traditional insurers.
00:59Use it as kind of a pool capital to go together and then protocols underwrite the risk and claims then
01:06processed on-chain and coverage typically includes smart contract exploits, stable coin DPEGs,
01:12exchange failures, exchange failures and also protocol insolvency and this sector, like I said, it matters because we see billions
01:20lost to hacks, protocol failures, bridge exploits and, you know, you need to be obviously up to date with what's
01:26going on and stay protected, get some insurance or hedge using these DeFi insurance tokens.
01:32So how we selected these tokens is basically focused on active insurance protocols, risk marketplaces, coverage infrastructure, capital efficiency models
01:42and real usage and adoption, not dead tokens, not abandoned experiments.
01:47So let's get into it. The list is in the guide in the link down below.
01:53You can also check out where to trade all these tokens safely and you can use the links there to
01:59get some bonuses and discounts.
02:01First on our list is Nexus Mutual, NXM. I've talked about this one quite a few times on the channel.
02:08Mutual Insurance DAO, the largest, most established DeFi insurance protocol with protocol cover, custody cover, yield token, protection also has
02:19a claims payout history, large capital pool, multiple coverage products as well.
02:25So Insure Ace is the second one on our list, insures the token ticker, multi-chain insurance marketplace, providing cross
02:34-chain coverage, flexible insurance pools, also scalable infrastructure with multi-chain support, broad options as well available.
02:44The next one on our list is Bridge Mutual, the token ticker, a coverage marketplace, allowing users to pretty much
02:54insure specific protocols, hedge against exploits and also guys provide underwriting liquidity, right?
03:01Stands out because it has a flexible coverage model.
03:03Fourth on our list is Tidal Finance, the token ticker's Tidal, custom insurance pools, focusing on niche protocol coverage, customizable
03:14risk pools and tailored insurance solutions as well, right?
03:18And then you've got EthRisk, which is DIPs, the token ticker, specializing in automated payouts, event-based insurance and real
03:27-world and crypto risk.
03:29And then you've got ShareLock, which is Share, S-H-E-R, the token ticker, smart contract insurance and audits,
03:36combining security audits, bug bounties, insurance coverage as well.
03:41And then seventh on our list is NAMES, tokenized insurance pools, institutional participation and capital market integration.
03:55And then you've got Risk Harbor, eighth on our list, risk is the token ticker, automated insurance, instant claims, automated
04:03payouts and DeFi native protection.
04:05And ninth is OpenCover, ecosystem OpenCover, partners, insurance aggregation.
04:11And then the last one on our list is InsureDeFi, Shores, the token ticker, wallet level insurance, scam protection, portfolio
04:18coverage.
04:19So these are the top 10 insurance DeFi tokens that you can go check out, guys.
04:26You can trade them on many of the many exchanges that we recommend, MEXC, BingX, Bybit.
04:34My favorite is K6, you can, you know, use no KYC, you can withdraw ERC, 20 tokens free, and you've
04:43got pretty much no fee, low fee service, a really good practical platform to use, or BitUnix.
04:51Or you can use GTrade, any of the other DeFi protocols and platforms that we also recommend.
04:59Check out the links in the description.
05:00Peace.
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