What Financial Derivative Could Be Used to Hedge against the Risk of a PoS Governance Attack?

A financial derivative that could be used to hedge against the risk of a Proof-of-Stake (PoS) governance attack is a "put option" on the underlying token. A successful governance attack, such as a malicious proposal passing or a mass-slashing event, would likely cause the token's price to crash.

By holding a put option, the investor has the right to sell the token at a predetermined strike price, effectively insuring their holdings against the catastrophic price decline resulting from the attack.