Institutional onchain underwriting built on stablecoins
Delivering competitive, uncorrelated yield backed by real-world assets, fully composable across Solana DeFi
Tokenized Treasuries
0%
Stablecoin Lending
0%
Private Credit
0%
ONyc
0%
*All yields shown independently as estimated APY for comparison purposes only.
Safe, secure, consistent returns
Transparent, regulated, and resilient across all market cycles

Ethena+: cross-cycle yields
OnRe gives sUSDe holders a new source of yield. Users get consistent reinsurance returns at all times, and capture upside in bull cycles. It’s the perfect onchain structured product.




Composable across DeFi
Our pool token, ONyc, is designed to be composable across DeFi, so users can take their ONyc token to be used as collateral for other actions like lending or borrowing.

Not just another token
OnRe connects onchain capital to the reinsurance industry's consistent returns. Its protocol token will directly tie to a regulated, revenue-generating business, setting it apart from tokens that rely on emissions or abstract governance.
A foundation of trust
Licensed and regulated
Regulated by the Bermuda Monetary Authority (BMA), we operate as a Segregated Accounts Company (SAC) and hold IIGB and DABA licenses.
Built alongside industry leaders
We’ve partnered with key players shaping the digital asset space, including Solana, Ethena, Squads, and Coinbase Prime.
Global distribution
We work with leading reinsurance brokers, including Guy Carpenter and Howden, to access global markets and source risk.
Backed by Ethena Labs
"OnRe provides the perfect real-world use case for sUSDe, allowing over $6B in stable capital to earn additional, meaningful yield by deploying into one of the world’s most established financial systems. This partnership sets the stage for a new era of capital efficiency, transforming deposits into productive, yield-generating assets while opening a market that has long been out of reach for most investors."
Guy Young
Founder, Ethena Labs
OnRe for insurers

Access new global capital
Tap into a fresh, diversified source of capital beyond traditional reinsurance markets to expand capacity and flexibility.
Broaden your coverage
Access reinsurance across property catastrophe and specialty lines—including D&O, Cyber, and Tech E&O—underwritten with a focus on capital preservation.
Trust in transparency
Our technology provides verifiable and transparent capital flows, giving you efficiency, visibility, and confidence in every transaction.