{"_id":"token-622518","name":"Re Protocol reUSD (senior reinsurance tranche)","ticker":"reUSD","pillar":"Fixed Income","type":"Reinsurance Yield Token","category":"Reinsurance","description":"Receipt token of Re Protocol: deposits back Principal-at-Risk Notes of Cover Reinsurance SPC (Segregated Portfolio #1, Cayman Islands, regulated by CIMA), which writes reinsurance contracts. Senior tranche — claims are paid first from premiums, then Re’s junior capital (~$77M), then reUSDe, and only then reUSD. Holders have no direct legal claim on the reinsurance contracts. Target: SOFR + 2.5 % (off-chain capital) / 7-day sUSDe yield + 2.5 % (on-chain capital).","apy":"~6.8% (Re app, 2026-10-28)","risk":"Medium-High (reinsurance losses)","minInvestment":"None","issuer":"Re Protocol (Resilience (BVI) Ltd; underwriting Cover Reinsurance SPC, Cayman, CIMA)","yieldSource":"Reinsurance premiums + yield on collateral (senior tranche)","maturity":null,"term":null,"liquidity":"Redeem instantly with Re while the buffer is above 1 % of supply (0.06 % fee, caps 20 %/day, 10 %/wallet), else quarterly queue; KYC to redeem","aum":"$236.4M","network":"Ethereum / Solana / Base / Arbitrum / Avalanche and more","country":"Cayman Islands / BVI","custody":"Self-custody","howToBuy":"Mint at app.re.xyz after KYC (USDC, USDT, USDe or sUSDe); fixed-rate exposure via the Pendle PT-reUSD market","rating":null,"kyc":"Required to mint and redeem (non-US persons only)","networkFee":null,"networkFeeUsd":null,"investUrl":"https://app.re.xyz","source":"https://docs.re.xyz/products/about-reusd.md","lastVerified":"2026-10-28","featured":false,"apyPct":6.8,"apyPctLow":6.8,"apyPctHigh":6.8,"apyKind":"variable","minInvestmentUsd":0,"custodyType":"self","access":{"kycMint":"required","kycSecondary":"unknown","kycRedeem":"required","accreditedOnly":false,"whitelistRequired":false},"verified":"curated","isin":null,"underlyingSymbol":null,"underlyingIsin":null,"lifecycle":"live","maturityDate":null,"contract":"0x5086bf358635B81D8C47C66d1C8b9E567Db70c72","targetArea":[],"areas":[],"_links":{"page":"https://tokenbank.world/token/reUSD","all":"https://tokenbank.world/api/tokens"},"_disclaimer":"Sourced figures; yields are variable and not guaranteed. Target/Area describe who the issuer aims the product at and where. They are not an eligibility check — who may buy is set by the issuer. Not investment advice. Verify the source before relying on any figure."}