Websea Contract Insurance has generated over 10,000 insurance nodes, covering an amount exceeding one million dollars.

October 11th: The crypto market witnessed intense volatility in the early hours of this morning. The prices witnessed a seismic event that was reminiscent of the "3·12" and "5·19" levels. In this extremely volatile market environment, Websea's contract insurance demonstrated strong risk protection capabilities. According to official data, as of the time of this writing, the platform has generated more than 10,000 contract insurance nodes, with coverage exceeding one million US dollars. It has provided risk protection to more than 3,500 users and successfully fulfilled its "principal protection" commitment, showcasing Websea's robust strength in risk control and user protection. Websea's contract insurance is the world's first digital asset risk protection tool. Users only need to pay a 10 USDT premium to generate an insurance node, triggering a staged claims mechanism. It reshapes transaction risk management standards through innovative financial technology means. Websea is committed to providing a secure, efficient, and gamified Web3 trading experience for global young users. Its ecosystem token WBS plays a key role in driving platform value co-creation and long-term growth.