The Problem

The current crypto trading protection landscape presents several key challenges that hinder its full potential:

1. Risk Assessment Complexity: Evaluating crypto trading risks requires real-time analysis of volatile markets, complex trading strategies, and dynamic portfolio compositions that existing protection infrastructure struggles to support efficiently. This can lead to inadequate coverage, high premiums, and limitations on the types of trading activities that can be covered.

2. Claims Processing Difficulties: Verifying and processing claims in a decentralized environment is challenging. Current solutions often lack the transparency and automation needed to support trustless claims verification, hindering trader confidence and limiting market growth.

3. Challenges of Integrating Blockchain Verification: Incorporating blockchain-based proof systems and oracle networks into protection protocols can be complex and costly. The lack of standardized tools and infrastructure makes it difficult for protection providers to leverage automated verification, limiting the development of efficient and transparent coverage solutions.

These problems collectively impede the development of user-friendly, efficient, and scalable crypto trading protection, slowing the progress of secure decentralized finance.