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Websea unveils dual insurance pool upgrade for contract trading protection
Websea announced an upgrade to its contract insurance system, introducing a dual insurance pool mechanism with separate Alpha and Beta pools, and shifting to a dynamic, tiered model for improved risk coverage and user participation.
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Websea has announced an upgrade to its contract insurance system, effective February 9, 2026, introducing a dual insurance pool mechanism. The updated system consists of two separate pools: Insurance Alpha, which continues the previous rules for node generation and airdrop claiming, and Insurance Beta, which implements a dynamic, tiered airdrop claiming round reset based on system snapshots of valid user nodes.
Users are able to choose between these two pools, but can only activate one at a time to prevent duplicate coverage. The upgrade shifts from static rules to a dynamic model, with the stated aim of improving alignment with user participation and enhancing risk coverage.
Websea is a cryptocurrency exchange launched in August 2023, offering spot trading, futures trading with up to 100x leverage, Launchpool, Launchpad, copy trading, and P2P trading features. The platform serves global users and incorporates tools for buying, selling, and staking cryptocurrencies, alongside security options like two-factor authentication. For more details on its features and offerings, see the broker profile on Traders Union.
For context, our earlier news about Websea highlighted the announcement of the $SBUXON spot listing, which opened access to on-chain trading of traditional-market assets. For more details, see the previous Websea update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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