In October, the combined value of RE Protocol tokens increased by 27% to $405.2 million.
Original headline10월 27% 늘어난 리 프로토콜 토큰 합산 가치 4억520만달러
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Re Protocol’s combined reUSD and reUSDe token value rose 27% in October to $405.2 million from $319.2 million at the end of September, an increase of $86 million driven mostly by reUSD. The report flags that 39.9% of the protocol’s stated total value locked consists of unpaid insurance premium receivables, meaning token value should be distinguished from cash-like assets. The disclosure matters because it qualifies how much of the reported TVL is actually collectible capital rather than settled funds. Watch next for collection of those premium receivables and the composition of reinsurance capital and new contracts disclosed in the monthly report.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Re Protocol, reUSD, reUSDe