Upshift is building the infrastructure layer for on-chain financial products, giving fintechs, asset managers, exchanges, and other platforms the tools to launch and operate sophisticated vaults across 30+ chains. With more than $550M+ in peak deposits and 50+ vaults launched, its infrastructure already powers a growing range of strategies without teams having to build the underlying contracts, accounting, risk controls, and withdrawal logic themselves.

Firelight is a capital-backed, on-chain cover protocol that protects deployed capital against smart contract exploits, oracle failures, and other protocol-level risks. Firelight provides cover for Sentora's Protected USD and Protected RWA vaults on Upshift. Through this partnership, Firelight protection is integrated directly into Upshift's vault infrastructure, giving vault operators a path to on-chain coverage without building a separate integration for each vault.

An Effective Path to Onchain Coverage

As more capital moves through on-chain vaults, protection against protocol and smart contract risk becomes an increasingly important part of the infrastructure supporting that capital. By building coverage into the vault infrastructure itself, this integration lays the groundwork to extend protection to new vaults as the Upshift ecosystem grows.

'For institutional capital to come onchain at scale, allocators need an answer to smart contract and oracle risk before they deposit. Firelight gives teams building on Upshift that answer at the vault level, as cover they can add at launch,' said Ethan Luc, Growth Lead at Upshift.

'Vaults have become a primary way in which capital is deployed on-chain, and it's pertinent that the infrastructure behind them should account for risks that the capital carries. Integrating Firelight at an infrastructural level means operators building on Upshift can offer protection to major economic and technical failures. As Upshift grows and new vaults launch across its ecosystem, coverage extends alongside them,’ Connor Sullivan, Chief Strategy Officer at Firelight notes.

Looking Ahead

Upshift makes it easier for teams to bring vault products on-chain. Firelight provides the coverage layer for these products. Although we’ve started with 2 vaults, protection may extend to a growing volume of capital deployed through programmable vault infrastructure.

Should you have any questions, head to our official documentation for more information.