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Cozy V2 Review: What to Know Before Using Its Protection Markets

Cozy V2 is an Optimism-based DeFi protection product. It lets users buy protection or provide capital for protection, but key details needed to judge costs and risks are unclear.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Cozy V2 key facts

Cozy V2 key facts
TypeDeFi protection
ChainOptimism
TokenNone listed
AuditsTwo listed
Value locked$5.37K−0.1% 7d
Updated

Cozy V2 FAQs

What does Cozy V2 do?

Cozy V2 offers on-chain protection for DeFi risks such as smart contract hacks and depegs. You can also provide protection capital in return for yield.

What does Cozy V2 cost?

Cozy V2 is listed on Optimism. Its protection terms, fees and provider withdrawal conditions are not established, so check them in the app before committing funds.

Is Cozy V2 audited and safe?

Two audits are listed, but their scope and findings are not specified. Treat that count as limited assurance: check the audit reports and the exact market terms before depositing.

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How we checked

Sources

  1. defillama.com/protocol/cozy-v2(opens in a new tab)

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