Re Protocol reUSD (senior reinsurance tranche)

Reinsurance Yield TokenRe Protocol (Resilience (BVI) Ltd; underwriting Cover Reinsurance SPC, Cayman, CIMA)Ethereum / Solana / Base / Arbitrum / Avalanche and more

YIELD

~6.8%

vs SAVINGS

+480bp

RISK

MEDIUM-HIGH

RANK IN TYPE

3/3

VENUES

—

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 DOCS

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).

Buying · Q&A

1 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.

Where to trade

SECONDARY MARKET

No market data for reUSD yet — buy through the issuer below.

Issuer · primary market

SUBSCRIBE / REDEEM

Re Protocol (Resilience (BVI) Ltd; underwriting Cover Reinsurance SPC, Cayman, CIMA)

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

MIN

None

KYC

Required to mint and redeem (non-US persons only)

CUSTODY

Self-custody

GO TO RE PROTOCOL↗

Who may buy is set by the issuer — check their terms. Not investment advice.

Key facts

VERIFIED 2026-10-28

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)
Verified: 2026-10-28

Details

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

Spread to savings

reUSDe

+980

ONyc

+900

reUSD

+480