Re Protocol reUSD(reUSD)
Market Cap$185.86m
Price$1.09
Total Circulating171.26m
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 | +1.16% | +12.23% | -3.55% | 170.01m | ||
| 0 | < 0.0001% | -33.51% | -33.52% | 585,627 | ||
| 0 | -0.03% | -0.54% | -0.09% | 560,194 | ||
| LayerZero | 100% | 0% | 0% | +0.02% | 32,824 | |
| 0 | 0% | 0% | +0.02% | 29,608 | ||
| 0 | 0% | 0% | +0.03% | 21,883 | ||
| 0 | -0.89% | -85.17% | -85.17% | 13,982 | ||
| LayerZero | 100% | -0.01% | -0.01% | +0.19% | 2,930 | |
| 0 | -0.11% | -0.11% | -0.11% | 233.74 |