Caricoins curated selection of the best decentralized finance solutions on the market today, sorted by category.
Nexus Mutual is a decentralized insurance protocol built on Ethereum. Launched in May of 2019, Nexus offers user the ability to take out covers on smart contracts using their native token – NXM. Nexus Mutual has been set-up under a discretionary mutual structure which means that all insurance claims are paid at the discretion of the Board (i.e. Nexus Mutual members)
Opyn is a permissionless, decentralized insurance platform allowing users to protect their DeFi deposits from financial and technical risks. As total value locked in DeFi continues to rise, so does the need to protect that value. Opyn allows users to protect their deposits from technical and financial risks within major money protocols like Compound or Maker.