Top Insurance tokens by market capitalization

Insurance contains 18 coins with a total market capitalization of $109.69M and an average price change of +1.89%. They are listed in size by market capitalization.

The Insurane category is a one-of-a-kind ecosystem that offers community-based crypto asset insurance services. With this platform, users can easily insure their crypto-portfolios by purchasing native tokens using fiat and other cryptocurrencies. The tokens are specially designed to spread the risks of crypto ownership among a liquidity pool. The platform uses a Dynamic Pricing Model that leverages Chainlink to determine insurance premiums. Additionally, users can create new cover products, manage staking pools, price cover products, access a distribution channel, sell cover, and earn rewards

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Name	Price	24h %

Wrapped NXMWNXM	$64.46	-0.15%
Etherisc DIP TokenDIP	$0.02147	-0.74%
DSLA ProtocolDSLA	$0.0006661	-5.95%
CheckDotCDT	$0.4042	-8.97%
Uno ReUNO	$0.03971	-3.41%
Razor NetworkRAZOR	$0.005242	-0.71%
InsurAceINSUR	$0.02962	-1.31%
YAM V3YAM	$0.08445	+4.38%
OpiumOPIUM	$0.1202	-1.46%
Bridge MutualBMI	$0.006328	+0.70%
PowerTrade FuelPTF	$0.01375	+42.20%
Helmet.insureHELMET	$0.006594	+1.61%
Nsure.NetworkNSURE	$0.004769	+0.78%
Transactra FinanceTRSCT	$0.001120	-4.49%
UNION Protocol Governance TokenUNN	$0.0002621	-3.78%
YAM V1YAM	$0.08383	+2.96%
Bright UnionBRIGHT	$0.008919	--

How blockchain is used in insurance?

By utilizing blockchain technology, insurance companies have the ability to streamline their operations by implementing smart contracts that automate outdated paperwork processes, track insurance claims and safeguard sensitive information. This implementation of blockchain can enhance the efficiency, security and transparency of the insurance industry.

What is the future of blockchain in insurance?

The use of blockchain technology can help tackle the competitive hurdles that many established companies encounter, such as a lack of customer engagement, limited growth in established markets, and the shift towards digitization. The insurance industry can leverage blockchain to boost growth, improve efficiency, and cut costs by automating critical processes.

What is DeFi insurance?

With DeFi insurance, individuals can safeguard their assets using smart contracts that combine funds from multiple sources to cover potential losses. Premiums paid by individuals are utilized to form a pool of funds that can be utilized to pay out claims in the event of a covered loss.

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