February marked an inflection point for OnRe.
AUM and Capital Formation
Assets under management reached $116.17M, growing 25.87% over the past 30 days. This expansion was driven by sustained capital inflows and continued deployment into underwriting opportunities, bringing more capital on risk while maintaining a stable yield profile.
DeFi Integration and Market Expansion
OnRe DeFi markets scaled to $178.19M, up 55.57% over the month, as ONyc integrated deeper across Solana’s lending and liquidity ecosystem. This growth signals increasing demand for composable exposure to real world yield, where ONyc is used as both collateral and a yield bearing asset.
At the same time, expanded access points introduced:
- Automated risk adjusted ONyc exposure
- Structured fixed rate RWA markets
Together, these integrations are positioning ONyc as a core building block within onchain capital markets.
Protocol Activity and Efficiency
- ONyc utilization increased to 80.53%, reflecting higher capital efficiency and active deployment
- OnRe GWP reached $7.49M, indicating continued underwriting activity and premium generation
- ONyc buybacks totaled $16.97M, reinforcing alignment between protocol growth and token economics
Yield and Price Stability
Despite rapid growth, ONyc APY remained stable at 10.25%, supported by disciplined underwriting and gradual premium recognition.
The ONyc price increased to $1.0805, up 0.69% over the month, reflecting steady value accrual.
Network Growth
The number of ONyc holders grew to 4,783, a 10.51% increase over 30 days, highlighting expanding distribution and participation across the ecosystem.
February was not just a period of growth, it was a structural shift.
As capital continues to move onchain, the need for stable, non correlated yield is becoming foundational. OnRe is meeting that demand by transforming reinsurance into a composable financial primitive, bridging traditional risk markets with decentralized capital.
The result is a new category of infrastructure, where real world risk is not only investable, but liquid, scalable, and native to the internet.
