On-chain yield built on reinsurance returns

Delivering consistent real-world returns to digital capital — scalable and resilient in any market.

ONe

Tokenized Treasuries

~0%

USDC Lending

~0%

DeFi Yield Strategies

~0%

Private Credit

~0%

ONe

0%

*All yields shown as estimated APY

sUSDe
Reinsurance

Introducing ONe — a yield-bearing asset powered by sUSDe returns and reinsurance performance, designed for use across the ecosystem.

Only available on-chain

Creating a return profile not replicable in traditional finance

High Upside
40.35%
Current ONe APY with liquidity provider incentives
Low Risk
95%+
Probability of positive long-term ROI
Scalability
$750bn+
Untapped capital ready to come on-chain
Pipeline
$963m
Immediate demand for OnRe-backed coverage

Backed by Ethena Labs

"OnRe provides the perfect real-world use case for sUSDe, allowing over $6bn 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
Guy Young
Founder, Ethena Labs
Three coins with ON RE logo on it

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 on-chain structured product.

A coin with ON RE logo on itA coin with ON RE logo on itA coin with ON RE logo on it
A coin with ON RE logo on it and 4 pills with the text:
- Borrowing
- Lending
- Swapping
- Staking

Composable across DeFi

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

A coin with ON RE logo on it

Not just another token

OnRe connects on-chain 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.

Access a $750bn market

On Re is revolutionizing reinsurance by removing traditional barriers, giving digital asset allocators access to this exclusive market.

Start investing

A system designed to compound value

Capital deployment and token demand don’t just coexist—they compound. This model shows how two flywheels work in tandem to unlock sustainable value, liquidity, and long-term growth.

Reliable, regulated returns

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.

OnRe for insurers

OnRe gives you the tools to expand your portfolios and optimize capital flows.
A lightning bolt illuminates the sky above a vast, open field during a stormy weather event.A lightning bolt illuminates the sky above a vast, open field during a stormy weather event.Historical ILS Capital Issuance graph with numbers of Issued, Outstanding and Deals since 1997Historical ILS Capital Issuance graph with numbers of Issued, Outstanding and Deals since 1997

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.

Bridging reinsurance and crypto to create real, scalable yield