Ask about Re · freeTotal Value Locked$400.67m
TVL by Chain
Ethereum$396.34m
Base$4.31m
Arbitrum$6,451
Avalanche$5,068
Key Metrics
Fees 30d$1.72m
Fees 30d by chain
Ethereum$1.71m
Arbitrum$5,050
Base$2,987
Avalanche$2,702
Fees 7d$434,134
Ethereum$429,963
Arbitrum$2,827
Base$714
Avalanche$630
Fees 24h$61,929
Ethereum$61,424
Arbitrum$313
Base$102
Avalanche$90
Cumulative Fees$11.63m
Ethereum$11.36m
Avalanche$237,557
Base$38,868
Arbitrum$7,095
Revenue 30d$10,526
Revenue 30d by chain
Ethereum$10,526
Base$0.15
Arbitrum$0
Avalanche$0
Revenue 7d$3,616
Ethereum$3,616
Arbitrum$0
Avalanche$0
Base$0
Revenue 24h$1.06
Ethereum$1.06
Arbitrum$0
Avalanche$0
Base$0
Cumulative Revenue$165,201
Ethereum$156,756
Avalanche$7,783
Base$641.71
Arbitrum$21
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$163,880
$10,526
$3,616
$1.06
$165,201
Market Cap$69.84m
$RE Price$0.44
$437.6m
$380.71m
$RE Volume 24h$12.29m
CEX Volume$5.07m
DEX Volume$6.78m(55.19% of total)
Total Raised$14m
Sep 28, 2022$14mRound: SeedInvestors: Tribe Capital, Defy, Exor, Stratos, Morgan Creek Digital, SiriusPoint, Framework Ventures
Jun 17, 2026Round: StrategicInvestors: Coinbase Ventures
Protocol Information
Re is a decentralized reinsurance protocol that bridges real-world insurance risk on-chain. It pools capital through stablecoins, issues tokenized receipt assets (reUSD, reUSDe), and allocates funds into regulated reinsurance contracts. Returns are generated from underwriting premiums and on-chain yield, with transparent reporting of collateral and performance.
Sub Category: Other Fixed Income
Audits:
Methodology
TVL: Value of the tokens in the custodian wallets + value of the tokens in redemption reserves + off-chain assets tracked via oracle (tracked as USDC)View code on GitHubFees: The yield generated from deposited assetsView code on GitHubRevenue: The redemption fees. The protocol charges a management and performance fee, but the actual percentages are not disclosedView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked2
Average Supply APY9.41%
Competitors
Frequently Asked Questions
What is Re's TVL?
Re currently has $400.67m in total value locked. TVL has increased 15.9% over the past 30 days.
What chains does Re operate on?
Re operates on 4 chains: Ethereum, Base, Arbitrum, and Avalanche. Ethereum holds the largest share at 98.9%.
How much has Re generated in fees and revenue?
Over the past 30 days, Re generated $1.72m in fees. Of that, $10,526 was protocol revenue. Based on the trailing year, the annualized rate is $11.34m in fees and $163,880 in revenue.
What is the RE token price and valuation?
RE is currently trading at $0.44. Its circulating market capitalization is $69.84m, ranking it #504. Its fully diluted valuation is $437.6m. Supply currently stands at 159.6m circulating, 1b total supply, 1b maximum supply.
How has RE performed recently?
RE is down 13.9% over the past 7 days and up 0.8% over the past 30 days. Its all-time high is $1.08, reached on Jun 20, 2026. The token is currently 59.4% below that level.
How does Re's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Re ranks #4 by TVL. The category holds $4.711b across 173 protocols, and Re accounts for 8.5% of that total. Other leading protocols include Sweep, Brickken, Tangible RWA, GAIB, Theo Network thBill, Anzen V2, Mountain Protocol, Boson Protocol, Florence Finance, and Anemoy Capital.
How many yield pools does Re have?
DefiLlama tracks 2 Re yield pools with an average APY of 9.4%.