August Performance Update
Capital Growth and
Cross-Chain Expansion
August was another month of major growth for Re. Re passed a quarter-billion in total deposits. Deposits grew by nearly 36%, the protocol's largest month-over-month increase since March and the second largest on record. August also brought continued cross-chain expansion. reUSD went live on Solana via Chainlink CCIP, and added new lending and collateral integrations across Jupiter Lend, Kamino, and Feather.
Capital position & liquidity.
All figures reflect the August 31, 2026, reporting snapshot unless otherwise noted. Past performance is not a reliable indicator of future results.
Re's Total Value Locked (TVL) stood at $648.5M on August 31, an increase of 11.7% over July.
As of the reporting period, capital was distributed as follows:
Onchain capital supports Re-backed underwriting structures. Offchain capital is maintained as reserves within regulated insurance entities. Contracted written premium receivable reflects premiums contractually owed but not yet received.
TVL growth in August was powered primarily by a marked increase in reUSD deposits, which grew from $170.1M to $236.4M. reUSDe deposits grew from $18.8M to $20.0M.
Portfolio composition.
Re's underwriting portfolio remained steady at $510.5 million in August.
Re's portfolio remains spread across diverse lines of business, helping reduce the impact that losses in any one area can have on the overall book. Underwriting strategy continues to focus on shorter-term risks and on contracts whose losses must reach meaningful levels before Re is responsible for paying claims. Together, those choices are intended to help guard against losses and support consistent underwriting performance over time.
reUSD launched on Solana.
August marked reUSD's launch on Solana. Solana has become a significant network for real-world asset tokenization, with deep liquidity and a fast-growing DeFi ecosystem. The launch gives Re access to another major onchain economy and opens reUSD to Solana's lending, trading, and liquidity protocols.
Read the full announcement here.
Ecosystem expansion.
Several integrations expanded how reUSD can be deployed across DeFi:
$RE token activity.
Per the standard ecosystem release schedule, 7.09 million $RE unlocked from the ecosystem allocation on August 17.
$RE has a fixed maximum supply of one billion tokens, with no ongoing inflation or perpetual emissions.
ecosystem allocation · August 17
no ongoing inflation
What's next.
Beginning in September, USDC will become the sole redemption asset for reUSD. Previously, reUSD redemptions settled in sUSDe. This change was made with user convenience in mind, as reUSD will redeem into the most widely integrated onchain dollar.
We look forward to delivering our next update in September.
— Re Management Team
Explore the protocol.
Disclosures
This blog post is for informational and educational purposes only and does not constitute investment, legal, tax, or financial advice. Nothing in this article should be construed as an offer or solicitation to buy or sell any security, token, or financial product.
Affiliate disclosure. The "re" brand, the re protocol, and re.xyz are operated by Resilience Foundation Cayman LLC ("Resilience Foundation"), an Exempted Limited Guarantee Foundation Company incorporated in the Cayman Islands with Limited Liability with registered number IC-414560, together with its affiliate Resilience (BVI) Ltd and Resilience Inv SPC. Resilience Foundation, Resilience BVI, and Resilience Inv do not provide insurance or reinsurance services, do not act as insurance broker or agent, and do not hold an insurance license. All regulated reinsurance activities are conducted exclusively by Cover Reinsurance SPC Ltd. ("Cover Re SPC"), a Class B(iii) licensed exempted segregated portfolio company in the Cayman Islands, operating under the "Cover Re" brand at coverre.com.
Access and eligibility. reUSDe is available exclusively to non-U.S. persons, as defined under Regulation S of the U.S. Securities Act of 1933, in specific permitted jurisdictions. Use by U.S. persons or residents is strictly prohibited. reUSDe may be classified as a security in certain jurisdictions, and participation is subject to eligibility requirements, KYC/AML verification, and jurisdiction-specific restrictions. reUSDe is not a bank deposit, is not FDIC insured, and is not government backed.
Yield. reUSD/reUSDe yield is variable, is not guaranteed, and may change at any time. Any references to yield, APR, APY, returns, or performance are informational only, and past performance is not a reliable indicator of future results. The value and stability of reUSD/reUSDe are subject to market volatility, smart contract vulnerabilities, regulatory uncertainty, and the performance of underlying collateral and protocol activity.
Risk disclosure. Digital assets and blockchain-based products involve significant risk, including the potential loss of principal, smart contract vulnerabilities, liquidity constraints, and regulatory uncertainty. Any references to APR, returns, or performance are not guaranteed, and past performance is not a reliable indicator of future results.
Regulatory environment. The regulatory environment for digital assets, stablecoins, tokenized real-world assets, and onchain financial products is dynamic and continues to evolve across jurisdictions. The information in this post reflects the understanding as of the date of publication and may not reflect subsequent legal or regulatory developments. Readers should consult qualified legal, tax, and financial professionals before making any decisions.
Terms apply. For full terms, disclosures, and risk disclaimers, please see the Re website at https://re.xyz, Terms of Service, and Disclaimers.