OnRe
@onrefinance
Leading onchain asset manager | Powering Solana's highest-yielding institutional dollar asset backed by real-world reinsurance
303 Following 69.9K Followers
A PT (principal token) from @ExponentFinance, like @onrefinance's PT-ONyc, redeems for $1 of ONyc on its maturity date.
Before maturity, a PT's market price moves with demand for fixed yield
Kamino values PT collateral from a set yearly discount that shrinks in a straight line to $1 at maturity, and is not valued by the market price
Market swings leave your borrowing limit unchanged, so you know exactly how your collateral value and LTV will move until maturity
Show more
Update: redemptions have been resumed.
OnRe has no exposure to Binance. All protocol operations continue as normal.
ONyc is the second-largest asset by deposits on @Loopscale, behind only USDC, per @BlockworksData.
$36.9M in deposits, representing over 26% of total assets across Loopscale's lending markets.
Real onchain demand for reinsurance-backed collateral.
Show more
"We reserve up to 50% of premiums to ensure when we’re heading into the highest-risk periods of the year, we can cover most of those losses immediately."
Co-Founder + CSO @Ayyanrahman at @DeFinition_evt on premium reserving within OnRe’s broader approach to capital protection ↓
Show more
RWAs on @solana have quadrupled in the past year. The opportunity now is to build on that momentum by expanding how these assets are used and where capital can flow.
OnRe is featured in @RWAFoundation_'s Tokenization on Solana report alongside the builders driving that growth.
Show more
OnRe recorded the second-highest holder growth among tokenized fund issuers over the past seven days, with 235 new ONyc holders bringing the total to 9,178.
Demand for uncorrelated, reinsurance-backed yield continues to broaden across the onchain investor base.
Show more
As more sources of yield move onchain, understanding the structure behind them matters as much as the headline APY.
@Ayyanrahman joined @DrPayFi, @tarungupta1475, @OnigiriGP, and Marco Pagnini on stage at @DeFinition_evt to address the trust problem in yield-bearing assets: where the yield comes from, who ultimately bears the risk, and how they perform under stress.
For onchain yield to earn institutional capital at scale, the industry must answer those questions clearly.
Show more
Fixed-rate borrowing has arrived for ONyc.
OnRe Market participants on @kamino can now lock in an 8% USDC borrow rate against ONyc across rolling 30-day terms, with $1.5M in initial liquidity.
Show more
Something about $300M this week.
OnRe has surpassed $300M AUM, a new all-time high.
Multiple accounts are currently impersonating OnRe and sharing fraudulent announcements. These accounts are not affiliated with OnRe.
Official OnRe communications and links are shared only through our verified channels. Do not interact with links from any other source.
Show more
The OnRe Growth Vault has scaled to $5.5M+ in deposits, providing a single entry point into ONyc growth strategies across lending, looping, and fixed-rate markets.
One USDC deposit, dynamically allocated across the OnRe ecosystem on @solana.
Show more
New maturities for ONyc and srONyc are now live on @ExponentFinance.
Roll over your existing position or enter the new markets to earn 2x OnRe Points through September 10: 16x on ONyc and 6x on srONyc plus a share of $10K in Limit Order rewards across both maturities.
Show more
ONyc @onrefinance is absolutely eating market share... this is deeply misunderstood by ct.
In just 14 months ONyc is now the
- largest market by deposits on Loopscale
- largest RWA market by deposits on Kamino
- 6th largest RWA market in *all of crypto*
Show more
The best way to use the real world cash flows on-chain @onrefinance , yield market optimization @ExponentFinance, and orderbook based credit systems @Loopscale.
The engine for product collateral and capital efficiency.
OnRe on top.
Show more
New maturities for ONyc and srONyc are now live on @ExponentFinance.
Roll over your existing position or enter the new markets to earn 2x OnRe Points through September 10: 16x on ONyc and 6x on srONyc plus a share of $10K in Limit Order rewards across both maturities.
Show more
January maturities for ONyc and srONyc are live on Exponent
Roll over or open a new position to earn:
→ Doubled OnRe Points, 16x on ONyc and 6x on srONyc until Sept 10
→ $10K in Limit Order rewards across both maturities
Here's how to get involved ↓
Show more
.@RyanNavi , CIO of Forward Industries, on how we built the treasury's RWA strategy:
"We looked at the landscape of investible RWA platforms that can drive sustainable, non-correlated yields. Reinsurance was number one on the list."
Moving Solana Forward.
Show more
OnRe is now approaching $270M in AUM while maintaining double-digit yields.
Most DeFi assets & RWAs face compressing yields as AUM grows.
