Provision

Provision

Decentralized insurance protocol on Ethereum — protecting DeFi users from smart contract risk.

Launch Year
2021
Consensus
N/A (DeFi protocol)
Max Supply
100,000,000 PRVS
Block Time
N/A
PRVS
PRVS
Provision
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap PRVS Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Provision Price Chart

PRVS / USD
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About Provision

Provision is a decentralized insurance protocol on Ethereum providing coverage against DeFi smart contract exploits, hacks, and protocol failures. Users purchase coverage policies paying premiums in ETH or USDC, and receive payouts if covered protocols are exploited during the coverage period. Risk capital providers stake PRVS and other assets to underwrite coverage pools, earning premiums in return for accepting payout risk. PRVS is the governance token enabling holders to vote on claim decisions, supported protocols, and premium pricing models.

History

2021
Provision Protocol launches as a decentralized DeFi insurance platform on Ethereum.
2022
PRVS token launches; coverage products expand to major DeFi protocols.
2022
Provision processes first claims following protocol exploits in covered DeFi projects.
2023
Provision expands coverage options and refines claims assessment process.
2024
Provision continues providing DeFi insurance infrastructure.

How to Swap PRVS

To swap Provision (PRVS) on SyntheticSwap, no account creation or KYC is required. PRVS runs on the Ethereum blockchain as an ERC-20 token, compatible with MetaMask, Ledger, Rainbow, and any Web3 wallet. Navigate to SyntheticSwap, choose PRVS as either source or target, enter your wallet address for the destination asset, and send PRVS from your personal wallet to the deposit address shown. Swaps typically settle within a few Ethereum block confirmations, and your destination asset lands directly in your specified wallet.

How to Store PRVS

Store PRVS in MetaMask or any Ethereum-compatible wallet.

Frequently Asked Questions