Re

Re (Re.xyz, also referred to as Re Protocol) operates a decentralized platform that routes stablecoin capital into fully collateralized reinsurance contracts underwritten through licensed reinsurers. Depositors contribute stable tokens that serve as collateral backing reinsurance programs and receive yield derived from a blend of on-chain and off-chain sources plus a token-specific spread. The protocol's tokens, reUSD and reUSDe, are positioned as instruments whose yield originates in insurance premiums rather than market sentiment, giving holders exposure to a market the company describes as roughly $800B in size globally and historically low in correlation with equities, bonds and crypto.

The stated purpose is to open participation in reinsurance capital markets to individuals, who are normally excluded by multimillion-dollar minimum investments, the need for industry relationships, legal infrastructure and regulatory expertise, layered intermediary fees, and the private nature of reinsurance pricing and performance data. Re frames its approach around real-economy cash flows (premium cadence, diversification metrics, earned premiums), verifiable onchain solvency (attestations, audits and a defined custody architecture), and underwriting discipline including defined risk limits and a "cat-light" posture that avoids concentrated catastrophe exposure.

Published documentation covers governance and a $RE token, an RE Points program with referrals and vesting/TVL requirements, minting and redemption mechanics, a capital stack and loss waterfall, risk limits, stress tests and a risk register, plus a transparency dashboard, oracles, an API and an MCP server. Product tokens are stated to be available only to eligible non-U.S. persons in permitted jurisdictions and subject to KYC/AML requirements.