@dr1ve
Post-TGE check: did RE fade, or did it start cooking harder?
📁 RWA insurance play's still dropping actual receipts:
• $605m total TVL:
- $108m onchain capital
- $180m offchain capital
- $319m premium receivables
• Stablecoin market cap: +17.3% in 30d
• Protocol revenue: ≈$35k daily / ≈$1.05M monthly
• $RE FDV: $430m
That’s real insurance premium flowing into DeFi!
📂 For Degens that chasing yield:
• $reUSD yield: 6.2%
• $reUSDe yield: 12.3%
• $reUSDe LP on Pendle: 17.65%
• $reUSD/USDC loop on Morpho: up to 30% APY
Plus, SZN 2 points stack on top of the yield
NFA, DYOR 🫡
Pendle $reUSDe LP
> https://app.pendle.finance/trade/pools/0x90b70c407f1077f8eb92bf423b44cd92329b737a/zap/in?chain=ethereum&tab=chart
Looping on Morpho
> https://app.morpho.org/ethereum/variable/0x4565ac05d38b19374ccbb04c17cca60ca9353cd41824f0803d0fc7704f60eaed/reusd-usdc#market
Join SZN 2
> https://app.re.xyz/?ref=drive
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