5/ A proven formula
We applied the Catapult model with
@onrefinance, which tokenizes real-world reinsurance. RockawayX worked with the team from Day 1, providing investment, liquidity and market making, DeFi integrations, and vault distribution. We overcame the cold-start problem that makes new RWAs difficult to scale onchain.
The result? OnRe is a standout RWA success, reaching $300M+ in AUM in just over one year, while maintaining double-digit yields.
That’s a major achievement for any upstart reinsurer. OnRe is the largest RWA market on
@kamino at $300M, and ONyc is the #1 RWA on Solana by DeFi active TVL, accounting for ~45% of all active RWA capital on Solana.
We’re ready to catapult more OnRe’s.