Onchain Marketcap$184.47m
Active Marketcap$181.97m
DeFi Active TVL$130.83m
ONyc Price$1.11
Chains1
Token Properties
CategoryPrivate Credit
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
Issuer 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).
Attestations
Date of Last AttestationJanuary 2026
Attestation FrequencyMonthly
View AttestationsThird-party verification reportsView AttestationsThird-party verification reportsNotes
- 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 Active TVL by Protocol
Protocol | ||
|---|---|---|
| $95.68m | 73.13% | |
| $33.36m | 25.50% | |
| $638,299 | 0.49% | |
| $521,573 | 0.40% | |
| $473,159 | 0.36% | |
| $127,726 | 0.10% | |
| $28,116 | 0.02% | |
| $16 | 0.00% |
DeFi Yield Opportunities (1)
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabONYC | $182.08m | 11.85% | 11.85% | 11.91% |
Chains
Solana
Primary