Firelight has added $30.5 million of cover to Kraken’s USDC vault, according to TheDefiant. The coverage comes with a cap of $100,000 per address for each coverage period, setting a limit on how much any single depositor address can claim during that window. Payouts are handled by Sentora, and the arrangement is not guaranteed by Kraken. TheDefiant also noted that its articles are stored on Filecoin. The source text provided only these details, with no additional terms, timeline, or operational breakdown disclosed in the input.
Firelight has added $30.5 million of cover to Kraken’s USDC vault.
Depositors face a $100,000 cap per address per coverage period. Payouts are handled by Sentora rather than guaranteed by Kraken.
TheDefiant also said its articles are stored on Filecoin.
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