Lookonchain APP

App Store

OpenCover is expanding to Solana, with its initial coverage including four major protocols such as Kamino and Raydium.

2026.09.10 22:50:29

On-chain risk coverage platform OpenCover has announced it is expanding its institutional-grade risk protection to the Solana network. Eligible positions can now access coverage, with the initial rollout covering Kamino, Raydium, Orca, and Jupiter. Specific coverage scope, limits, and terms vary by protocol and position. OpenCover primarily provides on-chain risk protection for DeFi users, connecting them to underwriters including Nexus Mutual. Following this expansion, Solana ecosystem users can now purchase coverage for risks such as smart contract vulnerabilities, oracle failures or manipulation, liquidation failures, and governance attacks. According to a prior announcement from Nexus Mutual, it has now launched four coverage products on Solana for Kamino, Raydium, Orca, and Jupiter, covering nearly 90% of the Solana lending market’s total funds. Of these, Kamino and Jupiter hold over $1 billion and $925 million in lending deposits respectively. OpenCover noted that this launch marks the start of its further expansion of risk transfer infrastructure on Solana, and it will subsequently partner with protocols, asset management firms, and liquidity providers to expand the range of positions eligible for coverage.

Relevant content

Monday price preview for US and South Korean stock markets: SK Hynix is projected to open down approximately 3.8%, with most US stocks trading lower in pre-market hours.

During the weekend when traditional financial markets are closed, Trade.xyz, dubbed the "on-chain Nasdaq", enables continuous trading and real-time price discovery via perpetual contracts—features unavailable in traditional finance—allowing it to pre-price Monday's US and South Korean stock market performance. Most popular US stocks on Trade.xyz have weakened compared to their Friday after-hours levels, and are expected to open slightly lower overall in pre-market trading on Monday. Their weekend performance is as follows: - SpaceX: Currently priced at $138.38, versus $136.26 in Friday's US after-hours trading - Micron (MU): Currently at $753.68, down from $761.2 in Friday's US after-hours - SanDisk (SNDK): Currently trading at $850.49, compared to $865.98 in Friday's US after-hours - NVIDIA: Currently priced at $160.12, versus $161.04 in Friday's US after-hours - Marvell Technology (MRVL): Currently at $152.2, down from $152.588 in Friday's US after-hours - Intel: Currently trading at $57.622, compared to $58.65 in Friday's US after-hours - Google: Currently priced at $291.45, versus $294.05 in Friday's US after-hours - AMD: Currently at $518.09, down from $521.241 in Friday's US after-hours Popular South Korean stocks on Trade.xyz have edged lower compared to their Friday closing prices. Their weekend performance is as follows: - Samsung Electronics: Currently trading at $148.94, versus a Friday close of $154.27 - SK Hynix: Currently priced at $876.23, down from a Friday close of $910.638

3 hours ago

Binance will adjust the contract size of the ANTHROPIC USD-margined Pre-IPO perpetual contract and rename it to ANT.

According to an official announcement, Binance will adjust the contract size of the ANTHROPICUSDT USDT-margined Pre-IPO perpetual contract and rename the contract to ANTUSDT USDT-margined Pre-IPO perpetual contract at 16:30 (UTC+8) on November 17, 2026. The adjustment is expected to be completed at 19:00 (UTC+8) on the same day. After completion, the contract will enter a 5-minute cancel-only (cancellation only) phase. Previously, the estimated share count for the contract was 1 billion shares as of June 2, 2026, while the adjusted estimated share count is 13,116,075,288 shares.

3 hours ago

The number of signatures on the petition calling for Jensen Huang's return has surpassed the 150,000 mark, with well-known public figures including Elon Musk and Tom Lee having publicly expressed their support.

The petition drive urging NVIDIA’s board to reinstate Jensen Huang continues to gain momentum. To date, the website has collected 151,083 signatures, including 7,380 current NVIDIA employees, 1,381 former employees, and 80,205 shareholders, among others. High-profile figures including Elon Musk, Tom Lee, and Replit CEO Amjad Masad have publicly added their names to the petition. On November 12, 2026, NVIDIA announced that Jensen Huang was stepping down as chief executive officer, effective immediately, marking the end of his 33-year tenure leading the company he co-founded. Campaign organizers and signatories express concern that Huang was forced out without due process or adequate time to defend himself, and are demanding the board provide an explanation. The open letter’s core requests to NVIDIA’s board are: reinstate Huang as CEO pending an independent investigation into the facts; if he remains in a leave of absence, provide evidence-backed justifications. The letter also calls for an independent investigation with clear scope and timeline, a fair opportunity for Huang to defend himself, and timely public disclosures addressing concerns, evidence, and trade-offs for employees and shareholders. The letter stresses: “Thirty-three years of leadership do not mean immunity from accountability, but accountability requires evidence and due process, not a public trial by the crowd.” The website notes that the campaign is independent and has not been endorsed by NVIDIA or Jensen Huang personally.

3 hours ago

US Treasury Secretary warns Federal Reserve against further monetary policy tightening.

US Treasury Secretary Scott Bessent warned the Federal Reserve against further monetary policy tightening during an appearance on Fox News.

3 hours ago

US Treasury Secretary: Significant changes needed to NVIDIA's leadership

US Treasury Secretary Scott Bessent said NVIDIA's leadership needs "significant adjustments" and the company should seek a new leader externally.

3 hours ago

US Senator Lummis: Democratic Party Opposes Consumer Protection Provisions of the CLARITY Act

US Senator Cynthia Lummis, one of the lead drafters of the CLARITY Act, posted a statement saying that Democrats had called for establishing a mandatory SEC review mechanism, requiring crypto projects to submit relevant information and obtain SEC certification before offering products to the public. The CLARITY Act incorporated this requirement, but Democrats ultimately voted against the bill. Lummis argued that this means Democrats opposed measures aimed at protecting consumers.

3 hours ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano