Re Protocol Surpasses $400 Million in Deposits Amid Accelerating Onchain Reinsurance Demand
Re Protocol has reached a new milestone with combined deposits for its reUSD and reUSDe tokens exceeding $400 million. The growth from $300 million to $400 million occurred in just 40 days, representing an 80% acceleration compared to the previous $100 million growth period which took 186 days. This surge highlights increasing investor interest in tokenized real-world asset (RWA) strategies within the digital asset sector. The protocol functions by channeling stablecoin capital into fully collateralized reinsurance contracts through licensed partners like Cover Re SPC Ltd. The system offers two distinct risk profiles: reUSD, a senior tranche with lower volatility and higher liquidity, and reUSDe, a mezzanine tranche offering higher yields via quarterly redemption windows. As of late October 2026, annualized yields were reported at approximately 6.82% for reUSD and 11.82% for reUSDe.
Topics: DeFi onchain reinsurance stablecoins tokenization yield-bearing tokens