[OpenCover to Expand to Solana, Initially Covering Four Protocols Including Kamino and Raydium] BlockBeats News, September 10: On-chain risk protection platform OpenCover announced the expansion of institutional-grade risk protection to the Solana network. Eligible positions can now obtain risk coverage, with the first batch including Kamino, Raydium, Orca, and Jupiter. The specific coverage scope, limits, and terms vary depending on the protocol and position. OpenCover primarily provides on-chain risk protection for DeFi users, connecting them with underwriters such as Nexus Mutual. Following this expansion, Solana ecosystem users can also purchase coverage for risks such as smart contract vulnerabilities, oracle failures or manipulation, liquidation failures, and governance attacks. According to a previous announcement by Nexus Mutual, it has already launched four coverage projects on Solana: Kamino, Raydium, Orca, and Jupiter, covering nearly 90% of the funds in Solana's lending market. Among them, Kamino and Jupiter hold over $1 billion and $925 million in lending deposits, respectively. OpenCover stated that this launch marks the starting point for further expansion of risk transfer infrastructure on Solana. Moving forward, it plans to collaborate with protocols, asset management institutions, and liquidity providers to broaden the range of positions eligible for coverage. [Original Link]