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© 2026 COVEREDPreview build on testnet. Figures are representative data. Coverage is limited to the covered events, limits and terms of each policy, and never covers market price declines. Nothing here is an offer of insurance in any jurisdiction.

COVERED

Underwriter · Vault

BASALT CAPITAL

Rating

BBB

Capital deployed: $3.94M
Active exposure: $980K
Policies: 118
Policies led: 9
Claims: 9
Premium earned: $309,500
Losses: $211,300
Loss ratio: 68.3%
Underwriting P&L: +$98,200
Track record: 16 months

Cumulative underwriting P&L

Now · +$98,200

$98,200$49,100$0

Month 1 Covered-event lossesNow

Grade mix · capital weighted

B+ 40%B 45%C 15%

Current book

Positions in live and recent policies. Every figure is derived from contract events.

$FROG CVD-000184senior$28,000A−ACTIVE
$HOUSE CVD-000191junior$125,000B+FUNDING
$ATLAS CVD-000162junior$270,000AACTIVE
$KILN CVD-000188junior$60,000B+ACTIVE
$ORBIT CVD-000158junior$56,000BCLAIMS OPEN
$FERN CVD-000183junior$45,000BTRIGGER PENDING
$LNTN CVD-000131junior$37,500BSETTLED