Total Value Locked$328.12m
TVL by Chain
Ethereum$323.79m
Base$4.3m
Arbitrum$16,918.37
Avalanche$5,069.84
Key Metrics
Fees (Annualized)$9.32m
Fees 30d$1.19m
Ethereum$1.19m
Base$2,897.02
Avalanche$2,570
Arbitrum$65.81
Fees 7d$318,405
Ethereum$317,129
Base$658
Avalanche$604
Arbitrum$13.48
Fees 24h$46,467
Ethereum$46,282
Base$95
Avalanche$88
Arbitrum$1.95
Cumulative Fees$9.46m
Ethereum$9.2m
Avalanche$234,041
Base$34,992.02
Arbitrum$1,716.08
Revenue (Annualized)$169,939.04
Revenue 30d$6,373.63
Ethereum$6,325.59
Base$48.04
Arbitrum$0
Avalanche$0
Revenue 7d$5,428
Ethereum$5,428
Arbitrum$0
Avalanche$0
Base$0
Revenue 24h$547
Ethereum$547
Arbitrum$0
Avalanche$0
Base$0
Cumulative Revenue$155,121.69
Ethereum$146,678.59
Avalanche$7,783
Base$638.16
Arbitrum$21
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$169,939.04
$6,373.63
$5,428
$547
$155,121.69
Market Cap$76.63m
$RE Price$0.48
$480.12m
$417.74m
$RE Volume 24h$11.59m
CEX Volume$14.69m
DEX Volume$116,715.19(1.01% 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 APY9.33%
Competitors
Frequently Asked Questions
What is Re's TVL?
Re currently has $328.12m in total value locked. TVL has increased 26.1% over the past 30 days.
What chains does Re operate on?
Re operates on 4 chains: Base, Avalanche, Ethereum, and Arbitrum. Ethereum holds the largest share at 98.7%.
How much has Re generated in fees and revenue?
Over the past 30 days, Re generated $1.19m in fees. Of that, $6,373.63 was protocol revenue. Based on the trailing year, the annualized rate is $9.32m in fees and $169,939.04 in revenue.
What is the RE token price and valuation?
RE is currently trading at $0.48. Its circulating market capitalization is $76.53m, ranking it #441. Its fully diluted valuation is $479.5m. Supply currently stands at 159.6m circulating, 1b total supply, 1b maximum supply.
How has RE performed recently?
RE is down 11.9% over the past 7 days and up 8.1% over the past 30 days. Its all-time high is $1.08, reached on Jun 20, 2026. The token is currently 55.6% below that level.
How does Re's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Re ranks #16 by TVL. The category holds $27.59b across 146 protocols, and Re accounts for 1.2% of that total. Other leading protocols include Centrifuge Protocol, Midas RWA, VNX, BackedFi, Sweep, BlackRock BUIDL, Spiko, Tangible RWA, Brickken, and GAIB.
How many yield pools does Re have?
DefiLlama tracks 2 Re yield pools with an average APY of 9.3%.
