OnRe Tokenized Reinsurance(ONyc)
Onchain Marketcap$272.39m

Onchain Marketcap by chain

Solana$272.39m

Key Metrics

Active Marketcap$266.37m

Solana$266.37m

DeFi Active TVL$218.14m
Kamino Lend$156.88m

Solana$156.88m

Loopscale$52.53m

Solana$52.53m

Exponent Risk Tranching$5.08m

Solana$5.08m

Orca DEX$3.16m

Solana$3.16m

Raydium AMM$394,826

Solana$394,826

RateX DEX$28,132

Solana$28,132

DiversiFi$23,176

Solana$23,176

Carrot Lend$22,962

Solana$22,962

Jupiter Offerbook$22,124

Solana$22,124

Manifest Trade$17

Solana$17

ONyc Price$1.13

Chains1

Token Properties

Asset ClassReinsurance Pool
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformOnRe

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Asset Information

IssuerOn Re SAC Ltd

Registry InformationOn Re SAC Ltd. is registered and supervised by the Bermuda Monetary Authority (BMA) under the Insurance Act (IIGB) and the Digital Asset Business Act (Class F).

Sourcehttps://www.onre.finance/

Oracle

Provider:Observing the protocol program onreuGhHHgVzMWSkj2oQDLDtvvGvoepBPkqyaubFcwe which tells us the TVL value

Attestations

Date of Last Attestation:2026-05-31

Attestation Frequency:Monthly (Apex fund administrator)

Reports:

Notes

  • ONyc is a liquid, composable, yield‑bearing dollar asset issued by OnRe that provides direct exposure to property and casualty reinsurance yield. ONyc represents a proportional share of a regulated segregated account held in a legally ring‑fenced structure in Bermuda and used exclusively to collateralize reinsurance underwriting. The account earns contractual premium income and is adjusted for claims, and ONyc’s NAV updates to reflect that performance (plus collateral returns). ONyc is designed to be driven by real‑world cash flows rather than market‑cycle-dependent incentive mechanics, and it does not rely on staking, leverage, delta‑neutral strategies, liquidity mining, or funding‑rate dynamics. It is not a stablecoin, corporate credit, or a tokenized hedge fund.

DeFi Yield Opportunities (7)

Pool
Reference
Protocol
Chain
30d Trend
1ONycOnRe Tokenized ReinsuranceUSDCLogo of OnReOnRe🪂
Logo of Solana
$266.8m11.56%Stable100
2ONycOnRe MarketONycLogo of Kamino LendKamino Lend
Logo of Solana
$157.24m0.00%Stable100
3ONyc-USDCONyc-USDCLogo of Orca DEXOrca DEX
Logo of Solana
$6m2.38%Stable67
4USDG-ONycConcentrated - 0.01%USDG-ONycLogo of Raydium AMMRaydium AMM
Logo of Solana
$3.19m0.97%Mixed57
5USDG-ONycUSDG-ONycLogo of Kamino LiquidityKamino Liquidity
Logo of Solana
$2.04m0.00%Volatile20
6ONyc-JitoSOLONyc-JitoSOLLogo of Orca DEXOrca DEX
Logo of Solana
$30,24116.20%Mixed58
7ONyc-JitoSOLONyc-JitoSOLLogo of Kamino LiquidityKamino Liquidity
Logo of Solana
$30,22711.51%Mixed41

Chains

Solana

Solana

Primary