Re Protocol reUSD (senior reinsurance tranche)
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 DOCSReceipt 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
2 QUESTIONSHow 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 can I buy reUSD?+
reUSD trades on 3 exchanges and DEXs. By 24-hour volume the largest are Fluid (Ethereum) (REUSD/USDT), Curve (Ethereum) (REUSD/SUSDE), Curve (Ethereum) (REUSD/?) (CoinGecko, 2026-11-11). Check that the venue serves your country before you sign up.
Where to trade
3 VENUES · 24H VOL| VENUE | PAIR | VOL | SPRD |
|---|---|---|---|
| DEXFluid (Ethereum) | REUSD/USDT | $4.7M | 0.60% |
| DEXCurve (Ethereum) ↗ | REUSD/SUSDE | $953K | 0.60% |
| DEXCurve (Ethereum) ↗ | REUSD/? | $108 | 0.62% |
CoinGecko tickers · 2026-11-11 · not a recommendation of any venue — check access, fees and whether the venue serves your country.
Issuer · primary market
SUBSCRIBE / REDEEMMint 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. 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