Re Protocol reUSDe (mezzanine reinsurance tranche)

reUSDeReinsurance Yield TokenHigh

~11.8% (Re app, 2026-10-28)

Yield / return

checked 28 Oct 2026

Receipt token of Re Protocol’s mezzanine tranche: absorbs reinsurance claims after premiums and Re’s junior capital, before reUSD — higher yield, higher loss risk. Backed by Principal-at-Risk Notes of Cover Reinsurance SPC (Cayman, CIMA); no direct legal claim on the contracts. Target: risk-free rate + 8.5 %.

Mint at app.re.xyz after KYC (USDe or sUSDe); fixed-rate exposure via the Pendle PT-reUSDe 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: ~11.8% (Re app, 2026-10-28)
Risk: High (first-loss after junior capital)
Minimum: None
Liquidity: Redeem with Re in quarterly windows only, filled pro rata, paid in sUSDe; KYC checked at claim
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 (mezzanine tranche)
Network: Ethereum / Berachain
Jurisdiction: Cayman Islands / BVI
AUM: $20.0M

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Buying reUSDe: common questions

How do I buy reUSDe?

Mint at app.re.xyz after KYC (USDe or sUSDe); fixed-rate exposure via the Pendle PT-reUSDe market. The token runs on Ethereum / Berachain. Minimum: None.

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