Ask about Re · freeTotal Value Locked$405.44m
TVL by Chain
Ethereum$401.12m
Base$4.31m
Arbitrum$6,450
Avalanche$5,069
Key Metrics
Fees 30d$1.73m
Fees 30d by chain
Ethereum$1.72m
Arbitrum$5,361
Base$2,992
Avalanche$2,703
Fees 7d$434,819
Ethereum$430,870
Arbitrum$2,605
Base$714
Avalanche$630
Fees 24h$62,840
Ethereum$62,335
Arbitrum$313
Base$102
Avalanche$90
Cumulative Fees$11.69m
Ethereum$11.42m
Avalanche$237,647
Base$38,970
Arbitrum$7,408
Revenue 30d$10,527
Revenue 30d by chain
Ethereum$10,527
Base$0.15
Arbitrum$0
Avalanche$0
Revenue 7d$3,496
Ethereum$3,496
Arbitrum$0
Avalanche$0
Base$0
Revenue 24h$0.17
Ethereum$0.17
Arbitrum$0
Avalanche$0
Base$0
Cumulative Revenue$165,200
Ethereum$156,755
Avalanche$7,783
Base$641.71
Arbitrum$21
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$163,673
$10,527
$3,496
$0.17
$165,200
Market Cap$70.81m
$RE Price$0.44
$443.68m
$386.07m
$RE Volume 24h$10.2m
CEX Volume$4.17m
DEX Volume$6.78m(66.43% of total)
Total Raised$14m
Sep 28, 2022$14mRound: SeedInvestors: Tribe Capital, Defy, Exor, Stratos, Morgan Creek Digital, SiriusPoint, Framework Ventures
Jun 17, 2026Round: StrategicInvestors: Coinbase Ventures
Protocol Information
Re is a decentralized reinsurance protocol that bridges real-world insurance risk on-chain. It pools capital through stablecoins, issues tokenized receipt assets (reUSD, reUSDe), and allocates funds into regulated reinsurance contracts. Returns are generated from underwriting premiums and on-chain yield, with transparent reporting of collateral and performance.
Sub Category: Other Fixed Income
Audits:
Methodology
TVL: Value of the tokens in the custodian wallets + value of the tokens in redemption reserves + off-chain assets tracked via oracle (tracked as USDC)View code on GitHubFees: The yield generated from deposited assetsView code on GitHubRevenue: The redemption fees. The protocol charges a management and performance fee, but the actual percentages are not disclosedView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked2
Average Supply APY9.41%
Competitors
Frequently Asked Questions
What is Re's TVL?
Re currently has $405.44m in total value locked. TVL has increased 16.1% over the past 30 days.
What chains does Re operate on?
Re operates on 4 chains: Ethereum, Base, Arbitrum, and Avalanche. Ethereum holds the largest share at 98.9%.
How much has Re generated in fees and revenue?
Over the past 30 days, Re generated $1.73m in fees. Of that, $10,527 was protocol revenue. Based on the trailing year, the annualized rate is $11.4m in fees and $163,673 in revenue.
What is the RE token price and valuation?
RE is currently trading at $0.44. Its circulating market capitalization is $70.41m, ranking it #508. Its fully diluted valuation is $441.17m. Supply currently stands at 159.6m circulating, 1b total supply, 1b maximum supply.
How has RE performed recently?
RE is down 8.9% over the past 7 days and down 5.5% over the past 30 days. Its all-time high is $1.08, reached on Jun 20, 2026. The token is currently 59.1% below that level.
How does Re's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Re ranks #3 by TVL. The category holds $4.713b across 173 protocols, and Re accounts for 8.6% of that total. Other leading protocols include Sweep, Brickken, Tangible RWA, GAIB, Theo Network thBill, Anzen V2, Mountain Protocol, Boson Protocol, Florence Finance, and Anemoy Capital.
How many yield pools does Re have?
DefiLlama tracks 2 Re yield pools with an average APY of 9.4%.