OnRe Tokenized Reinsurance(ONyc)
Onchain Marketcap$221.78m

Onchain Marketcap by chain

Solana$221.78m

Key Metrics

Active Marketcap$219.3m

Solana$219.3m

DeFi Active TVL$150.71m
Kamino Lend$109.53m

Solana$109.53m

Loopscale$38.56m

Solana$38.56m

Orca DEX$2.24m

Solana$2.24m

Raydium AMM$293,588

Solana$293,588

Jupiter Offerbook$35,275

Solana$35,275

RateX DEX$31,552

Solana$31,552

Carrot Lend$23,864

Solana$23,864

Manifest Trade$13

Solana$13

Net Flows 7d-

Net Flows 30d-

ONyc Price$1.12

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 (1)

Pool
Project
Chain
30d APY Chart
ONYCLogo of OnReOnRe
Logo of Solana
$219.41m11.71%11.71%
11.76%

Chains

Solana

Solana

Primary