Tidal is a customizable marketplace that offers risk hedging contracts. Underwriters, digital asset holders, and capital providers can participate in the platform. Underwriters can create their own insurance pools and policies, digital asset holders can choose from a range of protection policies, and capital providers can earn high yields by leveraging multiple policies' premiums and incentives. The platform supports over 10 protected asset types and has issued over 30 policies with 1.1 million payouts to date.