Re Protocol reUSD(reUSD)
Market Cap$179.99m
Price$1.08
Total Circulating166.51m
Stablecoin Information
reUSD is a principal-protected, yield-accruing token that tracks the higher of the risk-free rate or Ethena basis-trade yield, plus 250 bps. It earns on-chain, deploys off-chain via Surplus Notes, and provides transparent, oracle-verified collateral reporting.
Category:crypto-backed
Minting and RedemptionreUSD is minted by depositing approved stablecoins into Re Protocol’s Insurance Capital Layer smart contracts and is redeemed by burning reUSD to withdraw the underlying stablecoins.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -1.57% | -6.96% | +7.47% | 164.89m | ||
| 0 | < 0.0001% | < 0.0001% | -0.14% | 878,876 | ||
| 0 | < 0.0001% | -0.18% | -0.19% | 560,157 | ||
| 0 | 0% | 0% | +511% | 94,253 | ||
| LayerZero | 100% | 0% | 0% | 0% | 32,818 | |
| 0 | 0% | 0% | 0% | 29,601 | ||
| 0 | 0% | 0% | 0% | 21,877 | ||
| LayerZero | 100% | -0.01% | -0.01% | -0.01% | 2,924 | |
| 0 | -0.11% | -0.11% | 233.74 |