How Your Money Moves Within Re
A step-by-step look at what happens to your deposit inside Re. From minting reUSD or reUSDe, through onchain liquidity and offchain reinsurance collateral, to how it earns yield and finds its way back to you.
A step-by-step look at what happens to your deposit inside Re. From minting reUSD or reUSDe, through onchain liquidity and offchain reinsurance collateral, to how it earns yield and finds its way back to you.
Performance Update · August 2026 Capital Growth and Cross-Chain Expansion August was another month of major growth for Re. Re passed a quarter-billion in total deposits. Deposits grew by nearly 36%, the protocol's largest month-over-month increase since March and the second largest on record. August
Karn Saroya joined The Edge Podcast to break down reinsurance's capital stack, first-loss structure, and why he sees onchain reinsurance as one of DeFi's biggest untapped opportunities.
Reinsurance Fundamentals What Capital Means in Reinsurance Insurers provide policyholders with protection from extreme financial outcomes. Reinsurers provide insurers with the same. In exchange, insurers pass on a share of policyholder premiums. Those premiums, however, don’t serve as actual capital for the reinsurer; instead, they are priced to cover
Product Guide The Re App, Explained The Re App is where you interact with the protocol: deploy capital, manage positions, and monitor the performance of a live reinsurance book. Re’s mission is to make insurance a transparent, investable asset class onchain, and the app is your entry point. How
reUSD is now live on Solana, bridgeable from Ethereum mainnet via Chainlink CCIP. Markets are live on Kamino and Jupiter Lend.
Re closed July with its first whole-account reinsurance treaty and its first reUSDe redemption window, alongside TVL growth to $581.13 million and two new reUSD integrations.
Re's NAV oracle, which publishes the daily onchain price of reUSD and reUSDe, completed an independent security audit with Sherlock. The review produced zero High-severity findings, and all six Medium and Low/Informational issues were resolved before the audit report was published.
Reinsurance is more than a backstop for extreme losses: it's structural to how insurers stabilize earnings, access expertise, and free up capital for growth.
A breakdown of Re Protocol's three-token system. reUSD and reUSDe are yield-bearing deposit tokens that fund reinsurance collateral, while $RE is the governance instrument that lets holders shape the protocol itself.
Re became the first Web3 protocol to submit independently-audited financial statements as part of an exchange listing, proving to exchanges and tokenholders alike that the business behind $RE is solvent, revenue-generating, and real.
A step-by-step guide to the first reUSDe redemption window (July 9–22), covering how to submit a request, track pro-rata fulfillment, and claim your sUSDe payout in the Re App.
On The Rollup, Re CEO Karn Saroya breaks down why the business is refocusing on growth after its TGE, what the $RE token is designed to do, and how Re's first-loss structure sets it apart from other reinsurers.
In June, Re's underwriting portfolio grew to $510.5 million, the $RE governance token launched publicly across 27 venues, and total value locked approached the $600 million threshold.
Redemptions are gated by actuarial release as the underlying insurance programs mature and loss development clarifies. The first reUSDe redemption window opens July 9 and stays open through July 22.
Re Protocol, the onchain reinsurance marketplace already carrying close to $600 million in TVL, opened governance to public participation on June 18, 2026, distributing the $RE governance token across a coordinated set of global venues.
Re CEO Karn Saroya joined the Bankless podcast to explain how Re is building an onchain reinsurer modeled on Lloyd's of London, bringing transparent, stablecoin-backed capital to a $700B market.
Re has written $510.5M bound premiums, providing coverage for more than 700,000 U.S. policyholders and the homes, cars, and small businesses they depend on.
Re's verifiable solvency architecture combines Fireblocks custody, Chainlink Proof of Reserve reporting, independent smart contract audits, and layered operational controls — so capital protection is a verifiable condition, not a claim.
Today, the Resilience Foundation is proud to announce the public launch of $RE, the ERC-20 governance token for the Re Protocol.
Re raises strategic investment from Coinbase Ventures to bring reinsurance capital onchain. Re's reUSD token is already live on Coinbase's Base network.
Reinsurance is the critical financial infrastructure nobody sees, and Re is rebuilding it to be open, transparent, and governed by the people who depend on it.
TVL is reaching $500 million, the underwriting portfolio reaches $409 million across 48 programs and 49 U.S. states, and the re Token Generation Event is coming soon.
Re makes reinsurance, a structurally uncorrelated asset class, available onchain for the first time, offering DeFi users a return stream driven by events like accidents and property claims rather than crypto market cycles.