OnRe Review: What to Know Before Using ONyc
OnRe offers ONyc, a Solana asset backed by reinsurance premiums. Key details about fees, redemption terms and risk protections are not clear enough for a full review.
By the SkyBitcoins review team · Updated
At a glance
OnRe key facts
| Category | Real-World Assets |
|---|---|
| Product | ONyc, a stable asset |
| Backing | Reinsurance premiums |
| Chain | Solana |
| Dashboard | Deposit, redeem and track ONyc |
| Value locked | $309M+0.3% 7d |
| Audits | 2 audits listed |
| Updated |
OnRe FAQs
What is OnRe?
OnRe is a real-world asset project offering ONyc, a stable asset backed by reinsurance premiums. Its dashboard is described as a place to deposit, redeem and track ONyc on Solana.
Can you deposit and redeem ONyc?
The OnRe dashboard supports depositing and redeeming ONyc. The redemption process, timing, limits and any conditions are not published in the project details here, so check those terms before depositing.
Is OnRe audited, and what does it cost?
Two audits are listed for OnRe. Their names, scope and dates are not specified here, and the project’s fees and licence details are also unclear.
Compare
OnRe alternatives
Spiko offers regulated, yield-bearing cash funds, but check product risks, eligibility and withdrawal terms before depositing.
PAXG represents a stated one fine troy ounce of vaulted gold, but check current reserve evidence, redemption terms and trading costs before using it.
OpenTrade helps businesses add stablecoin-yield products, but users should verify each vault’s fees, withdrawal terms and legal safeguards.
Boson offers escrow infrastructure for agent and human commerce, but check transaction fees, contract details and dispute rules before using it.
Tether Gold offers Ethereum tokens backed by physical gold, but check reserve verification, redemption eligibility and the full costs before buying.
VNX offers onchain CHF, GBP and gold tokens under a Bermuda Class M licence, but check fees, audits and redemption terms before funding an account.
Same category
More Real-World Assets dApps
Aktionariat offers tools for Swiss companies and investors in tokenized shares, but check issuer terms, fees and resale limits before investing.
Etherfuse offers tokenized sovereign bonds and FX products for business users, but get fees, redemption terms and asset protections in writing.
Sierra offers RWA and DeFi yield vaults, but check each vault’s fees, custody and withdrawal terms before depositing.
Lofty offers fractional U.S. property investing on Algorand, but check fees, ownership terms and resale liquidity before depositing.
Sky.money offers several Ethereum stablecoin yield strategies, but returns vary and each product carries contract and market risks.
Brickken offers business-focused tokenization tools, but get clear pricing and verify custody and offering terms before using it.
Same chain
More on Solana
Lido turns staked ETH into liquid stETH, but variable rewards, a 10% reward fee and withdrawal and contract risks need checking.
Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.
Solana is a Layer 1 blockchain for apps and payments; you’ll need a compatible wallet and SOL for fees.
Sol Incinerator reclaims rent from empty Solana accounts, with optional Pro tools for burning unwanted assets.
THORChain enables self-custody swaps across supported chains, but variable fees and protocol risks make quote-checking essential.
Marinade offers native and liquid SOL staking, but check variable rewards, fees, and the risks of mSOL or Kamino lending before depositing.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.