Re Protocol reUSD (senior reinsurance tranche)

reUSDReinsurance Yield TokenMedium-High

~6.8% (Re app, 2026-10-28)

Yield / return

checked 28 Oct 2026

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).

Mint at app.re.xyz after KYC (USDC, USDT, USDe or sUSDe); fixed-rate exposure via the Pendle PT-reUSD market

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

Go to Re Protocol ↗Trader view →

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

Key facts

Yield / return: ~6.8% (Re app, 2026-10-28)
Risk: Medium-High (reinsurance losses)
Minimum: None
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
Custody: Self-custody
KYC: Required to mint and redeem (non-US persons only)
Figures verified: 2026-10-28

Details

Issuer: Re Protocol (Resilience (BVI) Ltd; underwriting Cover Reinsurance SPC, Cayman, CIMA)
Type: Reinsurance Yield Token
Category: Reinsurance
Pillar: Fixed Income
Yield source: Reinsurance premiums + yield on collateral (senior tranche)
Network: Ethereum / Solana / Base / Arbitrum / Avalanche and more
Jurisdiction: Cayman Islands / BVI
AUM: $236.4M

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Buying reUSD: common questions

How do I buy reUSD?

Mint at app.re.xyz after KYC (USDC, USDT, USDe or sUSDe); fixed-rate exposure via the Pendle PT-reUSD market. The token runs on Ethereum / Solana / Base / Arbitrum / Avalanche and more. Minimum: None.

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