DeFi TVL has surpassed $160B, but a critical primitive is still missing to unlock the next wave of capital: insurance. From smart contract exploits to protocol failures and liquidity risks, the absence of robust, scalable cover keeps treasuries, institutions, and risk-aware users on the sidelines.

In this Fireside discussion, Jesus Rodriguez and Anthony DeMartino unpack how on-chain cover can close this protection gap and catalyze the next stage of DeFi growth. They break down the need for this DeFi primitive, underwriting mechanics, and the discuss how we're designing Firelight protocol to address these challenges. You’ll walk away with a clear mental model of how DeFi cover works, where the real opportunities lie, and what’s required to bring the next $300B safely on-chain.