Earn 10% APY with DeFi

While not FDIC insured, your first $100,000 is fully protected through comprehensive insurance coverage. We use Open Cover, a leading onchain insurance provider, with coverage underwritten by Nexus Mutual, the largest and most established DeFi insurance protocol managing over $200 million in capital pools. Nexus Mutual has a proven track record, having successfully paid out over $18 million in claims.

Your money is held directly in secure digital wallets that only you control — Fido never has access to your money. This means your assets remain completely under your ownership at all times, with institutional-grade security protecting your funds.

Yes, you have full control over your funds. You can withdraw your money at any time without any lock-up periods or penalties. Your funds are always accessible through the Fido app.

Fido deploys your funds across carefully vetted DeFi protocols that generate yield through lending, liquidity provision, and other battle-tested strategies. We continuously monitor and optimize allocations to maximize returns while maintaining security.