OnRe Tokenized Reinsurance(ONyc)
Onchain Marketcap$309.28m

Onchain Marketcap by chain

Solana$309.28m

Key Metrics

Active Marketcap$294.5m

Solana$294.5m

DeFi Active TVL$275.76m
Kamino Lend$189.01m

Solana$189.01m

Loopscale$41.58m

Solana$41.58m

Exponent Yield Exchange$32.09m

Solana$32.09m

Exponent Risk Tranching$8.1m

Solana$8.1m

Orca DEX$4.11m

Solana$4.11m

Raydium AMM$586,716

Solana$586,716

RateX DEX$232,533

Solana$232,533

Carrot Lend$22,871

Solana$22,871

Jupiter Offerbook$22,389

Solana$22,389

DiversiFi$17,671

Solana$17,671

Manifest Trade$221

Solana$221

ONyc Price$1.14

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 (9)

Pool
Reference
Protocol
Chain
30d Trend
1ONycOnRe Tokenized ReinsuranceUSDCLogo of OnReOnRe🪂
Logo of Solana
$294.77m11.54%Stable 99
2ONycOnRe MarketONycLogo of Kamino LendKamino Lend
Logo of Solana
$189.16m0.00%Stable 100
3ONyc-USDCONyc-USDCLogo of Orca DEXOrca DEX
Logo of Solana
$6.95m1.75%Stable 68
4USDG-ONycConcentrated - 0.01%USDG-ONycLogo of Raydium AMMRaydium AMM
Logo of Solana
$3.18m0.53%Mixed 64
5USDG-ONycUSDG-ONycLogo of Kamino LiquidityKamino Liquidity
Logo of Solana
$2.04m0.00%Volatile 19
6ONyc-JitoSOLONyc-JitoSOLLogo of Orca DEXOrca DEX
Logo of Solana
$26,5778.98%Mixed 59
7ONyc-JitoSOLONyc-JitoSOLLogo of Kamino LiquidityKamino Liquidity
Logo of Solana
$26,35913.11%Mixed 55
8ONyc-ONYCConcentrated - 1%ONyc-ONYCLogo of Raydium AMMRaydium AMM
Logo of Solana
$23,3953107.03%
9ONyc-eHYUSDONyc-eHYUSDLogo of Orca DEXOrca DEX
Logo of Solana
$11,5230.40%

Chains

Solana

Solana

Primary