Monitoring

Insured Vaults implement continuous monitoring and a circuit breaker mechanism. The Insured Vault Guardian role serves as the last line of defense, with the authority to pause vault operations in the unlikely event that a vulnerability undetected during audit is discovered.

What we monitor

🏦 Insured Vault health

The system tracks core vault metrics and invariants in real-time:

• Sudden changes in Insured Vault assets (TVL);

• Share price movements and exchange rate stability;

• Premium streaming activity and collection rates;

• Pending deposit and redemption queue sizes.

Anomalies trigger automatic alerts when thresholds are breached, such as TVL drops exceeding 20% or share price movements beyond expected volatility bands.

⌛ Request queues

🤝 Governance changes

Circuit breaker

The Guardian can trigger an emergency pause when monitoring detects:

• Potential exploit patterns or abnormal contract interactions;

• Unauthorized administrative changes;

• Critical invariant violations;

• Settlement mechanism failures.

Once paused, operations resume only after the issue is resolved and validated through simulation testing.

Operations

The vault maintains strict separation of concerns: alongside the Guardian, other roles include the Keeper (settlement operations), Manager (premium configuration) and Owner (upgrades). The Guardian is exclusively permissioned to pause and unpause the vault, ensuring independent risk assessment.

The Guardian role is held by a secure multisig with defined procedures:

• 24/7 on-call rotation with hardware wallet signers;

• Pre-approved emergency response playbooks and drill exercises to maintain readiness;

• Post-incident reviews to improve response protocols.