Ask about Re Protocol · free
Re Protocol
Active AUM
$375.96mKey Metrics
Onchain AUM$375.96m
Change (24h)+0.38%
Active / Onchain100%
DeFi Active TVL$369.11m
Change (24h)+0.41%
Utilization98.2%
Largest ProtocolPendle V2$307.52m
Net Flows 30dN/A
Net Flows 7dN/A
Live Assets3
Issuers2
Asset rankings
| Name | Chains | Asset Type | AUM | DeFi | Flows | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Reinsurance Pool | $346.02m | $346.02m | +5.31% | $341.64m | 98.73% | +5.28% | $1.11 | |||
| Reinsurance Pool | $29.94m | $29.94m | -0.17% | $27.47m | 91.76% | -0.14% | $1.43 | |||
| Reinsurance Pool | $0 | |||||||||
About Re Protocol
Re Protocol provides tokenized access to private credit and structured finance products, connecting institutional lenders with decentralized liquidity. It enables securitization of off-chain credit through on-chain smart contracts.
Entity
Legal entityRe Member Fund A LP / Re Member Fund B LP
HeadquartersGeorge Town, Cayman Islands
Founded2022
Primary chainAvalanche
Entity structure
Resilience Foundation operates the protocol supported by Resilience (BVI) Ltd and Resilience Inv SPC. Cover Reinsurance SPC Ltd. is the separately CIMA regulated reinsurer deploying protocol capital into treaties secured by Regulation 114 trusts with Truist and Computershare as trustees.
Registry
Re Protocol (Re Insurance Limited, Bermuda). Tokenized reinsurance protocol launched 2022 by Karn Saroya, Eric Liu et al. Brings insurance / reinsurance capacity onchain via tokenized capital pools backing real-world risk programs. Re token live on Ethereum.
Regulation
Regulated reinsurance activity is conducted exclusively by Cover Reinsurance SPC Ltd., a Class B(iii) licensed Cayman segregated portfolio company regulated by CIMA. The protocol itself is operated by Resilience Foundation, a Cayman foundation company holding no insurance licence, with affiliates Resilience (BVI) Ltd and Resilience Inv SPC. Tokens are offered only to non US persons under Regulation S with mandatory KYC and a MiCA whitepaper for reUSD is published.
Compliance
Of 3 assets
Attested3 of 3
KYC to mint or redeem3 of 3
Allowlisted to hold1 of 1
Transferable3 of 3
Self custody3 of 3
Redeemable3 of 3
Fees & revenue
Revenue modelPerformance Fee + Float Income
ConfidenceIssuer-Disclosed
Mint Fee0 bps
Redemption Fee6 bps
Float IncomeYes
Fees Last Verified2026-07-09
Instant reUSD redemptions carry a 6 bps fee and mint fees are shown in the mint flow rather than published. Economics are spread based with reUSD accruing SOFR plus 250 bps and reUSDe risk free plus 850 bps while the reinsurer retains the excess from premiums and trust collateral yield, attested daily by The Network Firm via Chainlink.
Milestones
- 2026-06RE governance token TGE with about 500 million cumulative premiums written and a Coinbase Ventures investment
- 2026-04Cover Re secured a 100 million investment note
- 2024-05tokenized reinsurance fund debuted on Avalanche with a 15 million Nexus Mutual commitment
- 2022-0914 million seed with Tribe, Framework, Electric Capital, Exor, SiriusPoint