# OnRe (ONyc)

> Licensed to deploy digital assets as insurance collateral, OnRe provides a new class of investors with direct access consistent real-world returns. Through structured products designed to generate yield in both rising and falling markets, OnRe offers a return profile not achievable in traditional finance. With an emphasis on transparency, scalability, and capital efficiency, OnRe is redefining how capital supports reinsurance, creating access to an industry that has historically remained out of reach.

The first product, ONyc, is a multi-collateral, yield-bearing asset backed by stablecoins and used to underwrite real world private placements and accrue yield from reinsurance premiums. ONyc targets a base yield exceeding 16%, driven by reinsurance performance that remains uncorrelated across market cycles. Alongside this base return, the collateral assets themselves contribute additional yield, resulting in a compound, multi-source return designed to deliver steady performance and capture upside as markets evolve.

Currently collateralized in sUSDe, ONyc combines uncorrelated real-world yield with crypto-native yield opportunities. Through this approach, OnRe aims to connect digital asset allocators to the $750 billion reinsurance market.

## Price Data

- **Current Price**: $1.15
- **Market Cap**: $106.22M
- **Fully Diluted Valuation**: $291.25M
- **Circulating Supply**: 92.26M ONyc
- **Total Supply**: 252.98M ONyc

## Price Changes

- **24h**: +0.01%
- **30d**: +1.07%
- **90d**: +2.98%
- **365d**: +11.17%

## Chain Availability

Available on: solana

## Resources

- [Website](https://onre.finance)
- [Coingecko](https://www.coingecko.com/en/coins/onyc)

## Links

- [View on Zerion](https://app.zerion.io/tokens/ONyc-e6d3236b-aeed-4234-9f17-468c2a876519)
- [Trade on Zerion](https://app.zerion.io/tokens/ONyc-e6d3236b-aeed-4234-9f17-468c2a876519)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset