Ask about OnRe · freeTotal Value Locked$295.14m
TVL by Chain
Solana$295.14m
Key Metrics
Fees 30d$2.51m
Fees 30d by chain
Solana$2.51m
Fees 7d$567,601
Solana$567,601
Fees 24h$81,209
Solana$81,209
Cumulative Fees$18.27m
Solana$18.32m
Revenue 30d$43,926
Revenue 30d by chain
Solana$43,926
Revenue 7d$0
Solana$0
Revenue 24h$0
Solana$0
Cumulative Revenue$423,684
Solana$423,684
Total Raised$5m
May 5, 2026$5mRound: Series AInvestors: RockawayX, Forward Industries
Protocol Information
Connecting on-chain capital to real-world reinsurance risk — unlocking stable, uncorrelated returns that are liquid, composable and accessible for the first time
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Includes yield accrued to ONyc token holders as the NAV increases daily and 0.25% fees paid to redeem ONyc tokens.View code on GitHubRevenue: 0.25% fees paid to redeem ONyc tokens.View code on GitHubYields
Pools Tracked1
Average Supply APY11.02%
Competitors
OnRe history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 14, 2025 to Oct 23, 2026.
All-time high TVL: $309.55m on Sep 11, 2026. All-time low TVL: $16.19m on Jul 16, 2025.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $301.15m |
| Sep 25, 2026 | $299.2m |
| Sep 26, 2026 | $296.56m |
| Sep 27, 2026 | $296.76m |
| Sep 28, 2026 | $296.6m |
| Sep 29, 2026 | $294.78m |
| Sep 30, 2026 | $292.22m |
| Oct 1, 2026 | $290.66m |
| Oct 2, 2026 | $291.24m |
| Oct 3, 2026 | $291.52m |
| Oct 4, 2026 | $291.64m |
| Oct 5, 2026 | $291.76m |
| Oct 6, 2026 | $292.96m |
| Oct 7, 2026 | $293.07m |
| Oct 8, 2026 | $293.12m |
| Oct 9, 2026 | $293.56m |
| Oct 10, 2026 | $292.99m |
| Oct 11, 2026 | $292.4m |
| Oct 12, 2026 | $292.47m |
| Oct 13, 2026 | $292.57m |
| Oct 14, 2026 | $292.57m |
| Oct 15, 2026 | $292.93m |
| Oct 16, 2026 | $292.39m |
| Oct 17, 2026 | $293.45m |
| Oct 18, 2026 | $293.55m |
| Oct 19, 2026 | $293.84m |
| Oct 20, 2026 | $293.97m |
| Oct 21, 2026 | $294.06m |
| Oct 22, 2026 | $294.78m |
| Oct 23, 2026 | $295.16m |
TVL at each month end, Jul 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jul 31, 2025 | $19.38m |
| Aug 31, 2025 | $24.4m |
| Sep 30, 2025 | $29.25m |
| Oct 31, 2025 | $34.24m |
| Nov 29, 2025 | $41.15m |
| Dec 31, 2025 | $65.58m |
| Jan 31, 2026 | $87.57m |
| Feb 28, 2026 | $115.68m |
| Mar 31, 2026 | $145.94m |
| Apr 30, 2026 | $143.71m |
| May 31, 2026 | $190.09m |
| Jun 30, 2026 | $205.71m |
| Jul 31, 2026 | $247.36m |
| Aug 31, 2026 | $284.88m |
| Sep 30, 2026 | $292.22m |
| Oct 23, 2026 (latest) | $295.16m |
Fees and revenue by UTC calendar month, Jun 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Jun 2025 | $51,682 | $0 |
| Jul 2025 | $48,251 | $0 |
| Aug 2025 | $196,993 | $0 |
| Sep 2025 | $227,756 | $0 |
| Oct 2025 | $265,981 | $0 |
| Nov 2025 | $482,539 | $158,463 |
| Dec 2025 | $564,535 | $1,913 |
| Jan 2026 | $718,605 | $9,290 |
| Feb 2026 | $745,769 | $23,456 |
| Mar 2026 | $1.1m | $3,546 |
| Apr 2026 | $1.18m | $75,822 |
| May 2026 | $1.66m | $1,017 |
| Jun 2026 | $1.79m | $44,270 |
| Jul 2026 | $2.15m | $14,685 |
| Aug 2026 | $2.6m | $629.89 |
| Sep 2026 | $2.67m | $82,359 |
| Oct 2026 (to date) | $1.81m | $8,233 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/onre
Frequently asked questions
What is OnRe's TVL?
As of Oct 23, 2026, OnRe has $295.14m in total value locked. TVL has decreased 2.5% over the past 30 days.
How much has OnRe generated in fees and revenue?
Over the past 30 days, OnRe generated $2.51m in fees. Of that, $43,926 was protocol revenue. Based on the trailing year, the annualized rate is $17.56m in fees and $471,478 in revenue.
How does OnRe's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, OnRe ranks #5 by TVL. The category holds $4.072b across 176 protocols, and OnRe accounts for 7.2% of that total. Similar protocols include Huma, Plume Vaults, KAIO, Theo Network thBill, Mansory, International Stable Currency, Oro Finance, Byzanlink RWA Markets, Solayer USD, and Credible Finance.
How many yield pools does OnRe have?
DefiLlama tracks 1 OnRe yield pool with an average APY of 11%.