Cozy Finance is a peer-to-peer, open-source protocol built on the Ethereum blockchain. Its mission is to make DeFi yields safer and more predictable by allowing users to manage risk. The protocol enables users to supply capital to money markets while purchasing protection against smart contract exploits or other specified risks. It also offers yield tranching, which splits a yield-bearing asset into senior and junior tranches, catering to different risk appetites. The project operates as a decentralized entity without a traditional corporate structure.

Founded in

United States