logo
OnRe, Backed by Ethena, Solana Ventures, and RockawayX Launches Structured Yield Product Combining Real-World Stability and On-Chain Upside

OnRe, Backed by Ethena, Solana Ventures, and RockawayX Launches Structured Yield Product Combining Real-World Stability and On-Chain Upside

Business Mayor22-05-2025
Advertisment
LONDON , May 22, 2025 /PRNewswire/ — Today, OnRe, the leading regulated on-chain reinsurance company, launches its ONe token. ONe is an accumulating token for LPs, currently offering projected returns of up to 40.35% consisting of reinsurance performance, collateral yield, and token incentives. OnRe unlocks previously inaccessible yield from the $750 billion global reinsurance market, and combines it with the digital asset market's unique return attributes, resulting in a stable and scalable product.
Through its partnership with Ethena, OnRe allows users to deposit sUSDe into a reinsurance pool on Solana. Deposited sUSDe flows into a balanced reinsurance portfolio, carefully underwritten by OnRe's underwriting and actuarial experts, then allocated across diversified insurance lines to generate uncorrelated yields. This enables on-chain capital markets to utilize this real-world asset class as liquid collateral across the ecosystem.
'OnRe provides the perfect real-world use case for sUSDe, allowing over $6bn in stable capital to earn additional, meaningful yield by deploying into one of the world's most established financial systems. This partnership sets the stage for a new era of capital efficiency, transforming deposits into productive, yield-generating assets while opening a market that has long been out of reach for most investors.' — Guy Young , Founder of Ethena Labs .
OnRe's blockchain-native structured product unlocks capabilities unreplicable in traditional finance, including upside participation through on-chain funding rates and integrations with other DeFi protocols to enhance capital efficiency.
In bearish markets, OnRe delivers consistent, stable yield through reinsurance exposure, independent of crypto and equity downturns. In bullish conditions, elevated on-chain funding rates and token incentives from sUSDe and the $ONRE protocol token offer meaningful upside potential.
ONe is directly tied to a regulated, revenue-generating business, setting it apart from DeFi tokens that rely on emissions or abstract governance mandates. Its value is linked to TVL, backed by real-world underwriting, and aligned with long-term platform growth. The project's revenue dynamics are appealing, with the ability to generate the same income from $10M in TVL as a $500M money market fund.
Rising on-chain capital flows, driven by stablecoin adoption and investor demand for lower-volatility yield, make for ideal launch timing. With support from RockawayX, a seed investor in Solana and backer of 15+ of the ecosystem's leading projects, and the Solana Foundation, OnRe's integration roadmap will offer pool investors the potential for additional returns through DeFi composability, such as the ability to use the pool deposit receipt as borrow collateral on lending platforms.
'We pursue DeFi products that offer a substantially superior risk and return profile or user experience to traditional alternatives, and OnRe definitely fits the bill, with predictable returns in bearish environments, and meaningful upside in bullish times. Active participants will leverage OnRe's integrations across Solana DeFi, with projects like Kamino, Exponent, and Fragmetric, making reinsurance a key on-chain portfolio building block. Better yet, the reinsurance industry is sorely in need of a digital lift, and we see OnRe accelerating a leapfrog step forward.' — Samantha Bohbot , Partner & Chief Growth Officer of RockawayX.
'Innovation doesn't happen overnight or in isolation. The launch of OnRe is the result of powerful partnerships and scalable technology, creating something genuinely new in digital assets and insurance. It's a model that's rigorously tested, securely designed, and fully compliant. I'm excited to see ONe scale as a reliable collateral asset year-round, giving digital asset markets access to the strong, stable returns of insurance — one of the world's largest and most profitable industries.' — Dan Roberts , Co-Founder and CEO of OnRe.
Backed by deep expertise and full regulatory approval, OnRe sets a new benchmark for allocators seeking reliable, cycle-resilient returns. Visit onre.finance for early investor incentives and and sign up to secure first access to upcoming rewards.
About OnRe
OnRe bridges the reliability of the $750bn global reinsurance market with the transformative power of blockchain. Licensed to deploy digital assets as insurance collateral, OnRe provides a new class of investors with direct access to consistent real-world yield through structured products designed to generate returns in both bull and bear markets — creating a return profile not replicable in traditional finance. With a focus on transparency, scalability, and capital efficiency, OnRe is transforming how capital is deployed, bringing opportunity to a system that has historically been out of reach.
Contact:
Sarah George Heads of Operations
sarah@onre.finance
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ethena's USDe Outpaces BlackRock's Bitcoin, Ether ETFs With $3.1B Inflow Surge
Ethena's USDe Outpaces BlackRock's Bitcoin, Ether ETFs With $3.1B Inflow Surge

Yahoo

time5 hours ago

  • Yahoo

Ethena's USDe Outpaces BlackRock's Bitcoin, Ether ETFs With $3.1B Inflow Surge

Ethena's synthetic stablecoin, USDe, has crossed $8.4 billion in supply, adding more than $3.14 billion over 20 days in a surge that outpaced flows into BlackRock's (BLK) flagship bitcoin and ether exchange-traded funds. According to on-chain data curated by the Ethena community, the supply increase since July 17 is the fastest period of growth since the protocol's inception in February 2024. Inflow into the yield-bearing stablecoin exceeds the $2.75 billion added to BlackRock's ether ETF (ETHA) and the $1.60 billion into its bitcoin ETF (IBIT) in the same period, making the DeFi-native stablecoin the biggest magnet for capital across both on- and off-chain markets in recent weeks. The rally has spilled over into Ethena's governance token ENA, which more than doubled in the past month, though it is down 12% in the past 24 hours as traders hope the long-awaited fee switch will soon activate. The protocol has already surpassed most of the thresholds required to distribute revenue to staked ENA holders, with the final benchmark, a favorable yield spread versus rivals, expected to be met soon. USDe's reflexive loop USDe's recent growth reflects a powerful reflexive loop built into its core design, as Nansen explained in a recent research report on the Ethena ecosystem. As bitcoin and ether prices rally, perpetual funding rates in turn increasingly positive. Ethena captures this funding via delta-neutral hedges, and distributes it as real-time yield to sUSDe holders. That higher yield then draws in more users, leading to greater USDe issuance, more hedging, and more protocol revenue. In the last month, Ethena has brought in nearly $50 million in feed and $10 million in revenue, according to DeFiLlama data. This makes it the sixth best-performing protocol for monthly fee revenue according to the data aggregator. ENA is currently trading for $0.58.

Plume Featured in White House Digital Asset Policy Report
Plume Featured in White House Digital Asset Policy Report

Business Insider

time9 hours ago

  • Business Insider

Plume Featured in White House Digital Asset Policy Report

Plume, the real world asset (RWA) chain, welcomed the inclusion of its consultation and insights in the President's Working Group on Digital Asset Markets report. Plume was highlighted for its contribution of market insights on tokenization of real world assets. Last week, Plume released a set of forward-looking policy recommendations calling for the development of capital markets policy. In the memo, the team called for capital markets regulation that matches the innovation unlocked by stablecoins. The Working Group's newly released national roadmap affirms that vision, highlighting the role of permissionless infrastructure, tokenized financial products, and updated regulatory frameworks in advancing U.S. leadership in digital finance. 'The Report is a full-throated endorsement of permissionless blockchains and decentralized finance at the heart of a future onchain financial system. Plume has worked to sate global demand for US dollar assets through offshore work arounds. This Report is the blueprint for the onshoring of onchain capital markets under a regulatory framework that addresses real risks but also realizes new opportunities,' said Salman Bananei, General Counsel at Plume. The Report aligns with Plume's core belief that open, permissionless blockchains and DeFi can strengthen markets when paired with responsible oversight. This reinforces the value of decentralized infrastructure under thoughtful regulation. It also echoes Plume's call for regulatory clarity, supporting innovation sandboxes, safe harbors, and updated rules around custody, registration, and capital treatment, especially for assets on public blockchains. The Report affirms that tokenized assets are the future of finance. The team at Plume have advocated for policies that enable safe tokenized yield and other onchain financial products as a part of robust onchain capital markets. On stablecoins, the Report aligns with Plume's position that they can modernize U.S. payments and that the government should support the 'development and growth of lawful and legitimate dollar-backed stablecoins worldwide.' Finally, the Report supports tax reforms long advocated by Plume, including treating stablecoins as money and creating a digital asset-specific tax category to support compliant onchain activity. Plume As a Real World Asset Market Leader At over 160,000 holders at time of writing, Plume accounts for 50% of all RWA holders across Web3. With over $300 million in total value locked (TVL) and growing, Plume is well placed to support policy as governments across the world catch up to the reality that digital assets are a foundational part of future financial structures. The alignment between Plume's proposals and federal recommendations underscores the company's leadership in shaping policy at the intersection of blockchain and traditional finance. Plume is the first full-stack blockchain and ecosystem dedicated to real-world asset finance. With 200+ projects building on its EVM-compatible infrastructure, Plume makes it simple to tokenize and integrate real-world assets into DeFi applications, enabling anyone to interact with global financial markets through intuitive, on-chain tools.

SocialFi project fantasy.top ditches Blast for Coinbase's Base after fee revenues drop over 90%
SocialFi project fantasy.top ditches Blast for Coinbase's Base after fee revenues drop over 90%

Yahoo

time10 hours ago

  • Yahoo

SocialFi project fantasy.top ditches Blast for Coinbase's Base after fee revenues drop over 90%

a SocialFi project built on the Ethereum layer 2 Blast, is leaving the blockchain after its revenue from monthly fees dropped 93% since its May 2024 debut to about $200,000 in June, according to DefiLlama. Its number of active users dropped 80% to 2,000 in the same period, according to Dune. The blockchain-based social trading card game is attempting to turn a new leaf by moving into centralised crypto exchange Coinbase's Base blockchain. ' is officially migrating to Base, teaming up with the most active layer 2 to become the leading social experience in the ecosystem,' said on X. The migration would start on Tuesday. The initiative highlights not just the diminished buzz around SocialFi projects, but also how Coinbase's Base is gulping up market share in the DeFi ecosystem, elbowing out rival blockchains like Blast who once dominated the space. Migrating blockchains migration from Blast marks the layer 2's latest setback. Having touted over $2.5 billion in deposits in May 2024 in the run-up to the blockchain's eagerly anticipated airdrop, deposits have since fallen 95% to $140 million and its active users have fallen 97% to about 5,000, according to Dune. Over the same time, deposits on Base have climbed to over $5.3 billion, while it now has over 10 million in weekly active addresses, according to DefiLlama. Base launched in August 2023, joining a growing list of Ethereum layer 2 network projects connected to centralised crypto entities, such as MetaMask's Linea and ByBit's Mantle. What is SocialFi? SocialFi is a category of crypto projects that combines elements of social media with DeFi. Content creators and users are rewarded for interacting with the platforms, potentially earning more than they would using a traditional social media platform. SocialFi emerged as a trend with the launch of in 2023. Deposits into the platform reached a peak of $52 million in October 2023, according to DefiLlama. Since then, deposits have dropped 94% to $3 million. The entire SocialFi sector has experienced a significant decline in deposits since the launch of as it was the largest project by far. Deposits sank 70% from a peak of $53 million in 2023 to $16 million currently, according to DefiLlama. Zachary Rampone is a DeFi correspondent at DL News. Have a tip? Contact him at zrampone@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store