Disclaimer: RE tokens enable participation in governance of the Re protocol. RE tokens do not represent equity, debt, profit-sharing, or any claim on enterprise assets; governance functionality is phased and subject to change; jurisdiction-specific restrictions may apply.
Why the RE token now?
Reinsurance is a ~$1T market that still runs on closed relationships and opaque terms set by a handful of carriers.
The RE token is finally changing that, enabling community participation in governing reinsurance infrastructure.
Where Cover Re is today (as of June 2026):
- Premiums (inception to date): $409M
- Active insurance partners: 30+
- Hundreds of thousands of US policyholders reinsured
Update on reUSDe liquidity and protocol operations.
reUSDe was designed as a long-duration capital layer within the Re protocol, serving a mezzanine role in the protocol’s capital structure.
As part of normal protocol management:
→ A portion of the assets backing reUSDe is currently undeployed.
→ While market conditions permit, the protocol intends to use available backing assets to purchase reUSDe on the secondary market.
→ The protocol also intends to open a windowed redemption facility later this year, expected in Q2 and Q3.
→ Redemption capacity will be subject to regulatory capital requirements, available backing assets, and overall capacity within the reUSDe structure.
We'll share further updates as redemption windows are finalized.
Disclaimer: RE tokens enable participation in governance of the Re protocol. RE tokens do not represent equity, debt, profit-sharing, or any claim on enterprise assets; governance functionality is phased and subject to change; jurisdiction-specific restrictions may apply.
Season 2 of Re Points is underway. Here's what you need to know:
- Approximate duration: 6 months
- Minimum allocation: 3.5% of the RE token supply
Track your S2 points below ↓
Disclaimer: RE tokens enable participation in governance of the Re protocol. RE tokens do not represent equity, debt, profit-sharing, or any claim on enterprise assets; governance functionality is phased and subject to change; jurisdiction-specific restrictions may apply.
Re Points Season 1 has concluded. The results are in.
We're allocating 7% of the RE token supply to Season 1 participants.
Thanks to everyone who participated through Season 1.
Disclaimer: RE tokens enable participation in governance of the Re protocol. RE tokens do not represent equity, debt, profit-sharing, or any claim on enterprise assets; governance functionality is phased and subject to change; jurisdiction-specific restrictions may apply.
Reinsurance is a massive and essential market that's been locked behind institutional gatekeepers for decades.
Re is building the infrastructure to open it: transparent, onchain, with governance shaped by its participants.
RE is the instrument that makes that possible.
JUST IN: New reinsurance deal is live.
Now $431.1M premiums written inception to date (as of June 2026).
Cover Re is helping insurers protect more of the businesses that keep the country moving: vehicle operators, contractors, and hospitality businesses.
What that looks like:
- 20 companies (+1 newly added)
- 30 programs (+2 newly added)
- 56 treaties
Real businesses. Real risk. Onchain.