Next-Gen Insurance for Orion Protocol Traders

Insured Finance
2 min readMar 31, 2021

The comprehensive Insured Finance solution will be integrated within the Orion Protocol — Strategic Partnership

Orion Protocol is a cutting-edge trading terminal that allows crypto assets traders to manage their portfolio from a single interface. Cryptocurrency traders may have their assets spread across a myriad of exchanges. The Orion Protocol enables them to access everything from one terminal by aggregating the order books of CEXs, DEXs, and swap pools.

However, the Orion Protocol is not stopping there! Orion Protocol users will be able to secure insurance for their unique crypto holdings directly from the trading terminal.

The Insured Finance digital asset insurance solution will be integrated with the terminal. Insured Finance is setting the industry standard for providing digital asset insurance coverage.

The Insured Finance solution allows digital asset holders to secure coverage that is unique to their portfolio. This is particularly pertinent to Orion Protocol users as these traders typically have varying types of crypto assets spread across numerous exchanges.

The coverage possibilities of Insured Finance extend far beyond the offerings of the incumbent insurance providers. Coverage can be secured against centralized exchange hacks, stablecoin failures, and smart contract exploits.

The liquidity for each insurance contract on Insured Finance is stored in a separate smart contract. This lowers the risk of Insured Finance funds being drained by a hacker and also enables instant payouts in the event that an insurance claim is triggered.

The incumbent solutions generally offer standardized insurance options that fail to account for the large differences in risk profiles among cryptocurrency investors. With this strategic partnership, the wide-reaching possibilities of the Insured Finance solution will be at the fingertips of Orion Protocol users.

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Insured Finance

A decentralized P2P insurance marketplace with easy claims and instant payouts. Powered by Polkadot.