InfiniFi cover,
coverage and gaps.

Who this is for: iUSD holders protecting against an InfiniFi failure

This is the riskiest listing in the set so far, and the cover fits it least well. What is covered is an exploit of InfiniFi own contracts, on a protocol with genuine strengths (renounced ownership, fully on-chain reserves, tests and fuzzing, a coded loss waterfall) but real weaknesses (new in 2025, novel design, no named third-party audit we could confirm, and reserves deployed into higher-risk venues including Ethena). The two dominant risks sit outside the cover: an iUSD depeg is excluded as a protocol-issued asset (9.6), and losses at the underlying farms are outside the designated protocol. The market agrees it is riskier: cover here is priced near 2.6% per year, roughly nine times a blue-chip AMM.