Overview
Faraday Cage is a white-glove transaction insurance add-on for Faraday customers. If a transaction is explicitly marked Covered by Range’s risk engine, the user may be eligible to claim losses up to defined caps. Coverage is available only for transactions created via Faraday, and only when a transaction is labeled Covered in the response.How Coverage Works
- Create a transaction with Faraday
- Range evaluates risk (spoofing, malicious recipients, abnormal slippage, etc.)
- The transaction is labeled:
- Covered — eligible for claim if a loss occurs
- Uncovered — can proceed, but no coverage
Examples
Coverage is rule-based and machine-checkable. Examples include:- Recipient risk classification (spoofing similarity, known bad, newly created)
- Transaction simulation checks (unexpected approvals or asset drains)
- Route quality constraints (max slippage, minimum liquidity depth)
- Contract allowlist/denylist
- Value thresholds and caps
What Is Not Covered
- Transactions executed after an Uncovered warning
- Seed phrase compromise or wallet takeover
- Explicitly excluded categories defined in policy terms
Claims and Limits
Coverage is always bounded but depending on level of subscription has:- Cap per transaction
- Cap per month
- Maximum covered transactions per month
- Reporting window and required evidence
Pricing
Insured Transfers is a premium, white-glove service built for high-value flows and enterprise-grade risk management. Coverage is tailored to your use case, volume, and risk profile. Contact us for pricing and availability.Talk to our team