Total Value Locked$352.9m
TVL by Chain
Ethereum$348.57m
Base$4.31m
Arbitrum$16,929.13
Avalanche$5,069.71
Key Metrics
Fees 30d$1.37m
Fees 30d by chain
Ethereum$1.36m
Base$2,862.02
Avalanche$2,637
Arbitrum$58.61
Fees 7d$359,904
Ethereum$358,576
Base$683
Avalanche$631
Arbitrum$13.85
Fees 24h$53,922
Ethereum$53,733
Base$97
Avalanche$90
Arbitrum$1.99
Cumulative Fees$10.06m
Ethereum$9.79m
Avalanche$235,124.08
Base$36,167.04
Arbitrum$1,739.73
Revenue 30d$10,932.41
Revenue 30d by chain
Ethereum$10,932.39
Base$0.02
Arbitrum$0
Avalanche$0
Revenue 7d$5,396.15
Ethereum$5,396.15
Arbitrum$0
Avalanche$0
Base$0
Revenue 24h$2,574
Ethereum$2,574
Arbitrum$0
Avalanche$0
Base$0
Cumulative Revenue$160,069.48
Ethereum$151,624.47
Avalanche$7,783.2
Base$641.56
Arbitrum$21
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$169,348.87
$10,932.41
$5,396.15
$2,574
$160,069.48
Market Cap$70.09m
$RE Price$0.44
$439.18m
$382.08m
$RE Volume 24h$2.92m
CEX Volume$3.74m
DEX Volume$55,645.7(1.91% 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 APY9.45%
Competitors
Frequently Asked Questions
What is Re's TVL?
Re currently has $352.9m in total value locked. TVL has increased 24.8% over the past 30 days.
What chains does Re operate on?
Re operates on 4 chains: Base, Arbitrum, Avalanche, and Ethereum. Ethereum holds the largest share at 98.8%.
How much has Re generated in fees and revenue?
Over the past 30 days, Re generated $1.37m in fees. Of that, $10,932.41 was protocol revenue. Based on the trailing year, the annualized rate is $9.92m in fees and $169,348.87 in revenue.
What is the RE token price and valuation?
RE is currently trading at $0.44. Its circulating market capitalization is $70.75m, ranking it #482. Its fully diluted valuation is $443.28m. Supply currently stands at 159.6m circulating, 1b total supply, 1b maximum supply.
How has RE performed recently?
RE is down 2.2% over the past 7 days and down 0.6% over the past 30 days. Its all-time high is $1.08, reached on Jun 20, 2026. The token is currently 58.9% below that level.
How does Re's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Re ranks #15 by TVL. The category holds $27.777b across 167 protocols, and Re accounts for 1.3% of that total. Other leading protocols include Centrifuge Protocol, Midas RWA, VNX, BackedFi, Sweep, BlackRock BUIDL, Spiko, Theo Network thBill, Brickken, and Tangible RWA.
How many yield pools does Re have?
DefiLlama tracks 2 Re yield pools with an average APY of 9.5%.

