Institutional onchain underwriting built on stablecoins
Delivering stable, uncorrelated returns through a liquid, composable asset backed by RWA premiums and tokenized treasuries, built to perform across market cycles
Tokenized Treasuries
0%
Stablecoin Lending
0%
Private Credit
0%
ONyc
0%
*All yields shown as estimated APY for comparison only. Yields are independent and not combined.
Safe, secure, consistent returns
Transparent, regulated, and resilient across all market cycles

Ethena+: cross-cycle yields
OnRe gives sUSDe holders a new source of yield. Users get consistent reinsurance returns at all times, and capture upside in bull cycles. It’s the perfect onchain structured product.




Composable across DeFi
Our pool token, ONyc, is designed to be composable across DeFi, so users can take their ONyc token to be used as collateral for other actions like lending or borrowing.

Not just another token
OnRe connects onchain capital to the reinsurance industry's consistent returns. Its protocol token will directly tie to a regulated, revenue-generating business, setting it apart from tokens that rely on emissions or abstract governance.
The foundation behind every return
Operating with trusted oversight
We are governed by regulatory frameworks from DABA, IIGB, SAC, and BMA, upholding the highest standards of compliance, transparency, and security.
Built alongside industry leaders
We’ve partnered with key players shaping the digital asset space, including Solana, Ethena, Squads, and Coinbase Prime.
Expanding market reach
Our network includes world-class distribution partners such as Aon, Guy Carpenter, and Howden, providing access to global markets.
Backed by Ethena Labs
"OnRe provides the perfect real-world use case for sUSDe, allowing over $6B in stable capital to earn additional, meaningful yield by deploying into one of the world’s most established financial systems. This partnership sets the stage for a new era of capital efficiency, transforming deposits into productive, yield-generating assets while opening a market that has long been out of reach for most investors."
Guy Young
Founder, Ethena Labs
OnRe for insurers

Access new global capital
Tap into a fresh, diversified source of capital beyond traditional reinsurance markets to expand capacity and flexibility.
Broaden your coverage
Access reinsurance across property catastrophe and specialty lines—including D&O, Cyber, and Tech E&O—underwritten with a focus on capital preservation.
Trust in transparency
Our technology provides verifiable and transparent capital flows, giving you efficiency, visibility, and confidence in every transaction.