Introducing OnRe's Liquidity Engine, Powered by Titan

Tokenized assets need reliable liquidity to function effectively across DeFi.

Today, OnRe is expanding its dedicated liquidity infrastructure for ONyc with Titan. The integration creates a unified execution layer across OnRe’s program-native liquidity and secondary markets. Transactions can access multiple sources of liquidity, with Titan dynamically routing trades to the best available execution path.

Built on ONyc’s existing liquidity architecture, the system expands how that liquidity can be accessed as the asset’s use across DeFi grows.

Building liquidity into ONyc

Real-world assets present a distinct liquidity challenge onchain. The underlying capital may be committed for defined periods, while secondary liquidity depends on the depth available across external markets.

That liquidity becomes increasingly important as an asset expands throughout DeFi. ONyc is used across lending, leveraged yield strategies, fixed-rate markets, and risk tranching, each of which depends on reliable liquidity at scale. Lenders need the ability to convert collateral when required, while leveraged positions need sufficient depth to enter and unwind efficiently.

OnRe's liquidity engine was built around these requirements.

An RFQ system backed by OnRe’s own capital

OnRe dedicates a portion of the capital raised for underwriting to support liquidity for ONyc.

Approximately 15% of capital is currently allocated for this purpose, with the target adjusted over time based on the needs of investors and the composition of OnRe's in-force reinsurance portfolio. A portion of that allocation sits onchain in a designated redemption vault and is immediately available for execution. This structure allows the liquidity supporting ONyc to scale alongside the asset.

OnRe's smart contracts produce live, executable quotes for buying and selling ONyc. The pricing mechanism dynamically adjusts based on available liquidity, net demand, and transaction size, allowing the system to respond to changing market conditions. Routing infrastructure can request those quotes programmatically and include the corresponding OnRe transaction directly within its execution flow. When a transaction routes through OnRe, it executes atomically against a user-defined minimum output. If the minimum output cannot be met, the transaction reverses in full.

As OnRe’s liquidity grows, the aim is for it to become the primary source of liquidity for ONyc across DeFi, reducing reliance on external secondary-market depth over time.

Powered by Titan

OnRe's application is integrated with the Titan API, which connects OnRe’s liquidity with available secondary-market routes during execution.

Eligible users can buy and sell ONyc through the OnRe application, while Titan makes OnRe’s liquidity accessible to users across protocols integrating its routing infrastructure. Titan compares routes based on factors including trade direction, transaction size, and available liquidity to identify the most competitive pricing across venues.

What this unlocks for DeFi

As ONyc becomes more deeply integrated across DeFi, the liquidity infrastructure behind it can support the growth of the markets built around the asset.

Lending markets can scale with greater liquidity behind their collateral. Leveraged strategies gain additional capacity for entering and unwinding positions. Larger transactions can access another source of execution beyond individual liquidity pools.

This is particularly important for real-world assets, where tokenizing an asset and making it functional across DeFi present different infrastructure challenges.

OnRe is building the infrastructure for reinsurance capital to operate natively across DeFi. By combining dedicated capital, contract-native quoting and execution, secondary-market liquidity, and Titan's routing, ONyc can support a growing ecosystem of onchain markets and strategies. As it does, that foundation provides a path for reinsurance yield to move more efficiently across DeFi.