DeZy insures your funds for both the smart contract vulnerability and custodian risk. Like any real world insurance coverage, these are certain exemptions to be mindful of. 

Custodian insurance coverage exemptions: 

1. The insured is the Designated Custodian, a representative of the Designated Custodian or an entity or individual that is related to the Designated Custodian. 

Smart contract vulnerability insurance coverage exemptions:

1. Any losses due to phishing, private key security breaches, malware, exchange transaction hacks or any other activities where the Designated smart contract continues to act as intended or any activities conducted by insured because of personal careless or misunderstanding;
2. Any claims due to individual or group’s intentional actions that utilize the Designated smart contract for the purpose of making claims on this Cover; or 
3. Any losses due to devaluation of insured's assets, regardless of such devaluation is related to the attack or not; or 
4. Any losses due to the owners or controllers of the covered protocol confiscating or stealing funds from users in line with the permissions of the covered protocol; or 
5. Any hacks or pre-defined insured events occurring outside of the Cover Period; or 
6. Any hacks or pre-defined insured events occurring during the Cover Period but the hack occurred or is known, or the hack is due to the bug being disclosed to the public, before the Cover Period; or 
7. Any events where any other external interoperable or interactive smart contracts, are hacked or manipulated in an unintended way, while the Designated smart contract continues to operate as intended; or 
8. Any events where inputs, that are external to the Designated smart contract, behave or are manipulated in an unintended way, while the Designated smart contract continues to operate as intended, where inputs include but are not limited to: oracles, governance systems, incentive structures, miner behaviour and network congestion;

In the event of a smart contract vulnerability or custodian risk on one of the underlying protocols DeZy deploys funds into, DeZy will process a claim from InsurAce and reach a resolution in 2 - 4 weeks.

We distribute customer funds across a variety of DeFi protocols so as to ensure that even if insurance is needed, it will unlikely be required across all assets. Learn more about how diversification contributes to your stable returns.

This does not cost you anything, and does not eat into your yield.

We have partnered with InsurAce to cover your entire DeZy balance and yield. InsurAce is focused on making crypto safer by providing secure and reliable insurance services to DeFi users allowing them to secure investment assets against various risks. In the case of DeZy, InsurAce insurance covers:

• Smart Contract Vulnerability
• Custodian Risk

Dive deeper into DeZy insurance.

We have insurance coverage across all assets deposited through DeZy for

• Smart Contract Vulnerability
• Custodian Risk

This does not cost you anything, and does not eat into your yield.

We are taking a safety / diversification first strategy and prioritising that over our own margin optimisation. This means we are continuing to distribute funds across a variety of DeFi protocols so as to ensure that even if insurance is needed, it will unlikely be required across all assets.

Learn more.

Our partnership with InsurAce means that all assets (meaning the full value of your balance and yield) are insured for smart contract vulnerability and custodian risk.

In the event of a smart contract vulnerability or custodian risk on one of the underlying protocols DeZy deploys funds into, DeZy will process a claim from InsurAce and reach a resolution in 2 - 4 weeks.