what's Re Protocol?
Re Protocol is a decentralized platform that tokenizes real-world reinsurance risks, enabling users to participate in onchain insurance markets. It operates by allowing deposits of stablecoins like USDC, DAI, USDe, and sUSDe into Insurance Capital Layers (ICL), which allocate capital to fully collateralized quota-share reinsurance contracts via licensed insurers. This structure generates yield from insurance premiums and delta-neutral strategies, bridging traditional reinsurance with blockchain infrastructure. The protocol issues yield-bearing tokens such as reUSD and reUSDe, which represent shares in these capital layers. reUSD focuses on basis-plus strategies for stable returns, while reUSDe emphasizes insurance alpha through exposure to reinsurance risk pools. Users can stake, earn yields from premiums and unallocated assets swapped into yield-generating instruments, and redeem tokens quarterly based on net asset value (NAV) calculations that incorporate risk pool returns and collateral values. Built on chains like Ethereum and Avalanche, Re Protocol promotes transparency with onchain balances and aims to democratize access to reinsurance for Web3 participants, disrupting the $1 trillion industry by making it programmable and liquid.
Re Protocol raised $14M from Galaxy Digital; TGE scheduled for 2026.
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ethereum
Raised $14M in funding from Galaxy Digital with TGE scheduled for 2026.
Launched an Ecosystem Vault on Morpho, curated by Clearstar Labs, focusing on reUSD and related ecosystem assets to strengthen liquidity.
New Pendle pool for reUSD launches with maturity date of June 25, 2026 on ETH network.
Pendle v2 pool for reUSD with 25-JUN maturity launches this week. Current PT-reUSD yields 15.93% with Morpho looping available.
Re Points become programmable onchain markets through Spectra Finance integration.
reUSD reaches $43m in less than 6 months, while the Re protocol reaches $178m in supported insurance premium.
reUSD USDC pool receives 500 AVAX incentives for 21-day farming program on Avalanche, alongside savUSD USDC (1,700 AVAX) and savBTC BTC.b (350 AVAX) pools.
New staking opportunity now available for sreUSD/crvUSD lending vault tokens on Convex for additional yield.
New points program launches with 5x multiplier for staking stables and minting reUSD, requires KYC.
$9.8m exploit triggers $87m TVL reduction across ecosystem, with Resupply TVL dropping from $135m to $77m.
New Pendle Boosted pools for reUSD and reUSDe launch on Equilibria, offering enhanced yields backed by real-world insurance flows.
Upcoming Yield Basis launch requires crvUSD for all yield strategies, offering 20% APR for BTC/ETH liquidity providers with minimized impermanent loss.
Record $128k weekly redemption fees coincide with $6m market cap decline, indicating unsustainable redemption mechanics.
Governance token staking launches with 70% APY paid in USD stablecoins with no emissions
New Portals.fi integration enables direct token zapping into boosted yield strategies, allowing single-transaction deposits of any token including ETH.
New boosted yield farming strategy launches on Stake DAO with InverseFinance, offering 50K CRV weekly rewards.
Protocol reaches 100M reUSD milestone, marking significant growth phase.
Strategy reaches $10M TVL milestone, becoming platform's largest with highest CRV rewards yield.
Stake DAO adds $250K liquidity to reUSD gauges through treasury optimization.
New yield farming strategy enables 24-25% APR through WBTC-crvUSD-reUSD loop with insurance pool staking option.
Over $20M borrowed in first 13 hours, with nearly half of supply in Insurance Pool earning 110% APR.