Institutional onchain underwriting built on stablecoins

Delivering competitive, uncorrelated yield backed by real-world assets, fully composable across Solana DeFi

Onchain Yield Coin
Reinsurance
sUSDe
USDC
USDG

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

13.96%
Current APY
95%+
Probability of positive ROI
$750B+
Addressable market
Three coins with ON RE logo on it

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.

A coin with ON RE logo on itA coin with ON RE logo on itA coin with ON RE logo on it
A coin with ON RE logo on it and 4 pills with the text:
- Borrowing
- Lending
- Swapping
- Staking

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.

A coin with ON RE logo on it

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.

Access a $750B market

OnRe is revolutionizing reinsurance by removing traditional barriers, giving digital asset allocators access to this exclusive market.

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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

Ethena logo
"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

OnRe gives you the tools to expand your portfolios and optimize capital flows
A lightning bolt illuminates the sky above a vast, open field during a stormy weather event.A lightning bolt illuminates the sky above a vast, open field during a stormy weather event.Historical ILS Capital Issuance graph with numbers of Issued, Outstanding and Deals since 1997Historical ILS Capital Issuance graph with numbers of Issued, Outstanding and Deals since 1997

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.

Bridging reinsurance and crypto to create real, scalable yield