What it is
OnRe is a licensed reinsurer in Bermuda. Its ONyc token represents a share of a reinsurance account; its price follows net asset value and earns premiums, recently around 12 to 14% a year.
Risks to know
- Catastrophe claims can reduce NAV.
- Not a stablecoin; no peg.
- Smart contracts can have bugs. Only deposit what you can afford to lose, and check you're on onre.finance before connecting.
Recent updates
Compounding Interest Rewards Season 1 opened for 60+ day holders.
Passed $300M AUM.
Numbers from DefiLlama, snapshot Oct 18, 2026. Facts checked Oct 19, 2026. This page is educational, not financial advice.
