Fintechs
Embedded coverage as default infrastructure for your product.
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About
If it can break, it should be coverable.
Less than 1% of DeFi is actively covered. When something breaks, fallback mechanisms are limited and recourse is often unclear. That gap is not a product opportunity. It is a structural failure.
We connect users with underwriters through structured tranches that price, transfer, and absorb risk on-chain. Coverage funded from the yield the asset already generates: no upfront cost, no expiry, execution handled by code.
AI agents
Native safety layer for autonomous capital.
Users
Protected yield. No premiums. No expiry.
Underwriters
Earn yield by backing the coverage layer.
How it works
Protected on top. Underwriters beneath.
A two-sided market for on-chain risk. Deposit a yield-bearing asset and it's wrapped into a protected position; underwriters back it through senior and junior tranches that set the loss order. Terms are set by risk curators, enforced by code and priced by the market.
sUSDe
Morpho USDC
Fluid
Underwriting Allocator
Where the two sides meet.
The layer that ties each policy to its premium and its slashing order, linking protected vaults to the underwriters behind them.
Senior tranche
Lower yield, slashed last
Slashed last.
Only touched after the junior layer is fully drawn down.
Lower, steadier premiums.
A smaller share of yield for sitting later in the loss order.
Junior tranche
Higher yield, slashed first
Slashed first.
Absorbs the first loss on every claim.
Amplified premiums.
Outsized yield for taking that first loss.
sUSDe
Morpho USDC
Fluid
Underwriting Allocator
Where the two sides meet.
The layer that ties each policy to its premium and its slashing order, linking protected vaults to the underwriters behind them.
Senior
Slashed last.
Only touched after the junior layer is fully drawn down.
Lower, steadier premiums.
A smaller share of yield for sitting later in the loss order.
Junior
Slashed first.
Absorbs the first loss on every claim.
Amplified premiums.
Outsized yield for taking that first loss.
Use cases
One protocol. Three entry points.
Fintechs & businesses
Integrate coverage directly into your product. Your users stay protected. Your product becomes infrastructure.
integration.js
AI agents
Autonomous capital needs autonomous protection. Wrap positions into protected versions with no manual intervention.
TERMINAL• • •
Risk score validated
Position approvedPASS
ACTION: Wrap 500 ETH
Strategy execution verified by Cereus.
Strategy execution verified by Cereus.
Individuals & Institutions
Yield without unmanaged exposure. No premiums, no expiry. Structured downside protection at any scale.
Position protected
Protected balance
$24,593 USDS
APY4.5%
Coverage100%
Upfront cost$0
integration.js
How you participate
The same infrastructure. Different roles.
Risk infrastructure works because both sides show up. Those who need coverage and those who back it share the same pool, the same on-chain rails, the same rules.
Protect
For users, agents & businesses
Zero upfront cost.
Coverage funded by the yield your asset already earns. No premiums, no subscriptions.
Composable protected tokens.
Wrapped tokens stay fully fungible. Use them across DeFi while staying covered.
Earn net yield.
Keep the remaining yield after coverage, protected and productive at the same time.
Underwrite
For capital providers & DAOs
Market-priced yield.
Earn yield from premiums determined by market demand. The more coverage needed, the higher your return.
USDS-backed reserves.
Capital deployed in USDS, stablecoin-denominated for predictable exposure and liquid positions.
Transparent risk pools.
On-chain pool metrics, real-time claims data, and decentralized arbitration. Full visibility into your exposure.
Why Cereus
Infrastructure built to hold.
No premiums. No expiry.
Coverage funded from the yield your asset already generates. No upfront cost, and it renews on its own.
Transparent, on-chain claims.
Every claim is verifiable and governed by decentralized arbitration. Agents trigger claims programmatically. No intermediaries. No opacity.
Priced by the market.
Coverage cost is set by supply and demand. As demand rises, premiums rise with it, drawing underwriting capital in to match.
Composable by design.
Protected tokens stay fungible. Cereus integrates with the protocols, agents, and products already in use.
FAQ
Common questions.
Traditional DeFi insurance requires upfront premiums, fixed expiry windows, and manual claim processes. Cereus funds coverage entirely from the yield your assets already generate: no premiums, no subscriptions, no expiry. Coverage is structured through on-chain tranches that price, transfer, and absorb risk automatically, with claims resolved by code rather than committees.
Not entirely. A portion of your yield is redirected to fund the coverage pool. This replaces the traditional upfront premium. The remaining yield continues to accrue to you. Your protected tokens stay fully composable, so you can still deploy them across DeFi while staying covered. The exact yield split depends on the coverage tier and current pool demand.
When a covered event occurs, such as a smart contract exploit or a significant depeg, the claim process triggers on-chain. Cereus uses decentralized arbitration and verifiable on-chain data to validate the event. If the claim is approved, the tranche reserve absorbs the loss and the protected position is made whole. Underwriters bear the risk in exchange for the premium yield they earned.
Coverage pools are created by underwriters: capital providers, institutions, and DAOs who supply USDS reserves in exchange for premium yield. Protocols can also partner with Cereus to offer native coverage for their own assets and users. Pool parameters, risk tiers, and coverage limits are defined on-chain and fully visible before any capital is committed.
Docs
Get protected.
Less than 1% of DeFi is actively covered. Every protocol, asset, and yield strategy that carries risk should have structured protection available: by default, priced by the market, enforced by code.