Protected is Lulo's lower-risk option. Earn stable yield from DeFi lending with smart contract-enforced coverage against integrated protocol failures.

How It Works

Protected deposits are spread across Lulo's integrated protocols (Kamino, Drift, MarginFi, Jupiter, Pendle, Morpho, etc.). If a covered protocol experiences a failure such as a smart contract exploit, oracle failure, or bad debt event, Boost deposits automatically absorb the loss. No claim process. No manual intervention.

What's Covered

Covered events: Any loss of funds siloed to the protocol. Smart contract exploits, oracle failures, and bad debt events affecting integrated protocols.

Not covered: Systemic risks outside Lulo's control: Solana network outages, stablecoin depegging events, or failures within Lulo's own smart contracts.

Yield

Protected deposits earn interest from lending activity across integrated protocols. A portion of that interest is redirected to Boost depositors as compensation for underwriting the protection. The net result is a stable, slightly reduced yield.

Core Principles

Automated: Coverage is enforced at the smart contract level. No claims, no approvals, no off-chain processes.

Diversified: Deposits are spread across multiple protocols to reduce concentration risk.

Transparent: All protection mechanics are visible on-chain.

Fees

10% of the interest generated is kept as a performance fee.

Who It's For

Users who want to earn DeFi yield with reduced risk exposure. Ideal for capital that prioritizes preservation over maximization.