OnRe ONyc (tokenized reinsurance, Solana)
Peers · Reinsurance Yield Token
AVG 9.87% · BENCH 2.00%| TICKER | ISSUER | YIELD | vs SAV | RISK | MIN |
|---|---|---|---|---|---|
| reUSDe | Re Protocol (Resilience (BVI) Ltd; underwriting Cover Reinsurance SPC, Cayman, CIMA) | ~11.8% | +980bp | HIGH | None |
| ONyc ◂ | OnRe (OnRe SAC Ltd, Bermuda, BMA) | ~11.0% | +900bp | MEDIUM-HIGH | None |
| reUSD | Re Protocol (Resilience (BVI) Ltd; underwriting Cover Reinsurance SPC, Cayman, CIMA) | ~6.8% | +480bp | MEDIUM-HIGH | None |
Description
ISSUER DOCSSolana 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).
Buying · Q&A
2 QUESTIONSHow 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.
Where to trade
SECONDARY MARKETNo market data for ONyc yet — buy through the issuer below.
Issuer · primary market
SUBSCRIBE / REDEEMBuy ONyc on a Solana DEX (Orca, Raydium, Jupiter) or through OnRe Open Access
Who may buy is set by the issuer — check their terms. Not investment advice.
Key facts
VERIFIED 2026-10-28- 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
- Verified
- 2026-10-28
Details
- Issuer
- OnRe (OnRe SAC Ltd, Bermuda, BMA)
- Type
- Reinsurance Yield Token
- Category
- Reinsurance
- Yield source
- Reinsurance premiums + yield on collateral
- Network
- Solana
- Jurisdiction
- Bermuda
- AUM
- ~$130M