Instruments · Reinsurance

OnRe ONyc (tokenized reinsurance, Solana)

ONycReinsurance Yield TokenMedium-High
~11.0% (estimated, onre.finance, 2026-10-28)
Yield / return
checked 28 Oct 2026

Solana token of OnRe SAC Ltd (Bermuda; Class IIGB insurer and Class F digital asset business, Bermuda Monetary Authority). Holds a segregated account that writes reinsurance; the price (NAV) rises with premiums and collateral yield, no rebasing. No tranches: losses hit claim reserves, then yield, then a capital buffer. Target 10–12 % base yield. Monthly attestations (Apex Group).

No KYC on secondary market · self-custody

Buy ONyc on a Solana DEX (Orca, Raydium, Jupiter) or through OnRe Open Access

Who may buy is set by the issuer — check their terms.

Minimum None · Self-custody · verify with the provider before acting

Key facts

Yield / return
~11.0% (estimated, onre.finance, 2026-10-28)
Risk
Medium-High (reinsurance losses)
Minimum
None
Liquidity
Atomic on-chain redemption against a vault holding ~15 % of capital (0.30 % fee plus a liquidity-dependent discount); verified wallet needed to redeem in the app; trades on Orca, Raydium, Jupiter
Custody
Self-custody
KYC
None for Open Access purchase; verified wallet to redeem in the app
Figures verified
2026-10-28

Details

Issuer
OnRe (OnRe SAC Ltd, Bermuda, BMA)
Type
Reinsurance Yield Token
Category
Reinsurance
Pillar
Fixed Income
Yield source
Reinsurance premiums + yield on collateral
Network
Solana
Jurisdiction
Bermuda
AUM
~$130M

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Buying ONyc: common questions

How do I buy ONyc?

Buy ONyc on a Solana DEX (Orca, Raydium, Jupiter) or through OnRe Open Access. The token runs on Solana. Minimum: None.

Do I need KYC to buy ONyc?

Not on the secondary market: ONyc can be bought on a DEX without identity verification.

Figures last verified against a live source on 2026-10-28. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON