Re Protocol reUSDe

REUSDE Price

About Re Protocol reUSDe (reUSDe)

Re Protocol reUSDe is a decentralized yield token that provides participants with exposure to the global reinsurance market through a blockchain-native capital structure.

• Junior Tranche Exposure: The token represents the 'Insurance Alpha' or junior layer of the protocol's capital stack, offering higher yield in exchange for absorbing losses after the reinsurer's equity is exhausted.
• Blended Yield Mechanism: Returns are derived from a combination of off-protocol reinsurance deployments earning the SOFR rate and on-chain capital earning the sUSDe basis trade rate.
• Transparent Collateralization: Every dollar of backing is visible on-chain or verified daily via Chainlink oracles, bridging DeFi capital with real-world insurance treaties.

What Is Re Protocol reUSDe

Re Protocol reUSDe is a specialized yield-bearing asset designed to channel decentralized finance capital into fully collateralized reinsurance contracts. It serves as the higher-risk, higher-reward counterpart to the protocol's senior token, reUSD. By depositing admitted collateral such as USDe or sUSDe, users receive reUSDe tokens that represent their proportional claim on a specific pool of reinsurance capital.

Value moves through the system as premiums from reinsurance treaties are collected and distributed to token holders. The token is 'put to work' by providing contingent capital to licensed insurers, earning a protocol-specific spread. As the ecosystem grows, this model scales by allowing more reinsurance programs to be funded through the protocol's Insurance Capital Layers (ICLs), potentially increasing the diversity and volume of underlying insurance risks.

What Makes Re Protocol reUSDe Unique

• Layered Risk Architecture: It is specifically engineered to sit as the junior tranche, meaning it captures a larger spread (850 bps) compared to senior layers but acts as a buffer for losses.
• Real-World Asset (RWA) Integration: Unlike pure DeFi yield tokens, its value is partially tied to the performance of regulated reinsurance treaties through a licensed Cayman-based reinsurer.
• Hybrid Yield Sources: It uniquely combines the 'risk-free' rate of traditional finance (SOFR) with on-chain basis trade yields from the Ethena ecosystem.
• Institutional-Grade Guardrails: The protocol utilizes a §114 Trust structure and Fireblocks custody to manage assets, ensuring a level of security typically reserved for institutional participants.

What Can You Use Re Protocol reUSDe for?

• Yield Generation: Holders earn a daily-accruing yield based on the weighted average of deployed and idle capital, plus a fixed 850 bps spread.
• DeFi Composability: As an ERC-20 token, reUSDe can be utilized as collateral within various DeFi protocols such as Curve, Pendle, and Morpho for additional utility.
• Insurance Risk Diversification: It allows crypto-native participants to diversify their portfolios by gaining exposure to non-correlated insurance market returns.
• Strategic Staking: The token can be held as part of a broader 'Insurance Alpha' strategy for those willing to accept junior-tranche risk profiles.

How Does Re Protocol reUSDe Work?

The protocol operates through a network of Insurance Capital Layer (ICL) smart contracts. When a user deposits collateral, the assets are swept to a secure vault and eventually deployed to back quota-share reinsurance agreements. The token price is updated daily at UTC 00:00 via a Chainlink-verified oracle feed, which reflects the Net Asset Value (NAV) based on accrued premiums and interest.

Transactions within the protocol incur protocol service fees, which help maintain the infrastructure and manage the capital stack. Redemptions for reUSDe are managed through quarterly windows, subject to an actuarial gate that determines the available surplus capital. This ensures that the protocol remains fully collateralized and compliant with regulatory requirements for insurance reserves.

Team Info and Investors

The Re Protocol is developed in partnership with CoverRe.com, a licensed reinsurer based in the Cayman Islands. While specific individual founder biographies are not detailed in the primary technical documentation, the project emphasizes its reliance on a network of independent actuaries, auditors, and regulated trust entities. Governance is progressively decentralizing, with the RE token intended to oversee protocol upgrades and risk parameters.

Where can you buy Re Protocol reUSDe?

REUSDE tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Re Protocol reUSDe is Curve (Ethereum), where the most active trading pair REUSDE/SUSDE has a trading volume of $336,575.44 in the last 24 hours.

What is the daily trading volume of Re Protocol reUSDe (REUSDE)?

The trading volume of Re Protocol reUSDe (REUSDE) is $351,905.26 in the last 24 hours, representing a -25.10% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Re Protocol reUSDe (REUSDE)?

Re Protocol reUSDe (REUSDE) reached an all-time high of $1.64 and an all-time low of $0.9681. It’s now trading -20.10% below that peak and 35.30% above its lowest price.

What is the market cap of Re Protocol reUSDe (REUSDE)?

Market capitalization of Re Protocol reUSDe (REUSDE) is $18,791,504 and is ranked #840 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of REUSDE tokens (14 Million tokens are tradable on the market today).

What is the fully diluted valuation of Re Protocol reUSDe (REUSDE)?

The fully diluted valuation (FDV) of Re Protocol reUSDe (REUSDE) is $18,791,504. This is a statistical representation of the maximum market cap, assuming total number of 14 Million ETH tokens are in circulation today.

How does the price performance of Re Protocol reUSDe compare against its peers?

With a price decline of -1.70% in the last 7 days, Re Protocol reUSDe (REUSDE) is outperforming the global cryptocurrency market which is down -5.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Re Protocol reUSDe (REUSDE) to MetaMask?

Adding Re Protocol reUSDe (REUSDE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import REUSDE as a token. You can copy REUSDE’s contract address (0xddc0f880ff6e4e22e4b74632fbb43ce4df6ccc5a) and import it manually, or if you've installed MetaMask's chrome extension, add REUSDE to MetaMask with one click on CoinGecko.

Add REUSDE to MetaMask.