Hold
Wallet · 1x · No liquidation
519,2528,654.2 / day
Live NAV · published multipliers
NAV and base APY come from OnRe. The estimate is the documented formula, not a second yield.
In their words: the world’s onchain reinsurance company.
ONyc is a yield-bearing dollar asset. The yield comes from reinsurance premiums and collateral returns, not from token emissions. Minting with USDC or USDG puts capital into the pool that collateralizes short-duration insurance placements.
Points then measure how that ONyc is deployed. One point per ONyc per day, times the venue multiplier. Points are not cash, not transferable, and not a claim on a token.
How capital moves
01
Mint
USDC or USDG in the OnRe app becomes ONyc.
02
Deploy
Hold it, lend it, pool it, buy yield, or loop it.
03
Multiply
The venue sets the published rate, from 1x to 6x.
04
Accrue
Points post continuously. The daily rank is 00:00 UTC.
Ranked by the multiplier OnRe published. Same dollars, same days: a higher bar means more points. Kamino loop is listed as 6x plus leverage, and that extra is not a fixed number.
Kamino · Loop
ONyc / USDG, USDC, USDS
6x + leverage
Loopscale · Loop
ONyc / USDC, USDT, USX
6x
Exponent · Yield token
ONyc
5x
RateX · Yield token
ONyc
5x
Elemental · Loop
ONyc / USDC
4x
Kamino · Lend
ONyc, USDG, USDC, USDS
3x
Loopscale · Lend
USDC
3x
Kamino · Liquidity
ONyc / USDG, ONyc / JitoSOL
2x
Orca · Liquidity
ONyc / USDC, ONyc / JitoSOL
2x
Raydium · Liquidity
ONyc / USDG
2x
Wallet · Hold
ONyc
1x
Named venues are from OnRe’s referral program table. Wallet hold is the 1x base tier in the points program. Campaign boosts are not added.
Dollars convert at the live NAV. Lending is the documented 3x–4x range.
Wallet · 1x · No liquidation
519,2528,654.2 / day
DEX pools · 2x · Inventory risk
1,038,50417,308.4 / day
Lending, vaults · 3x of 3x–4x · Protocol risk
1,557,75625,962.6 / day
Fixed-rate YT · 5x · YT price can fall
2,596,26043,271.01 / day
Leveraged ONyc · 6x · Liquidation
3,115,51251,925.21 / day
Top 10 of the public board · 20:15:09 UTC. Search works for every wallet on it, not only these ten.
Loopscale ONyc
Kamino ONyc
Kamino ONyc
Loopscale ONyc
Kamino ONyc
Loopscale ONyc
Kamino USDC
Exponent YT
Kamino ONyc
Kamino ONyc
| Rank | Wallet | Points | Largest source | |
|---|---|---|---|---|
| #1 | DTjN…Snvh | 19,669,899,384 | Loopscale ONyc | |
| #2 | E3Ni…yMgp | 13,521,076,392 | Kamino ONyc | |
| #3 | AR6x…219n | 7,714,308,907 | Kamino ONyc | |
| #4 | 63jW…EjG8 | 6,417,585,200 | Loopscale ONyc | |
| #5 | 6swE…nLL5 | 5,529,596,122 | Kamino ONyc | |
| #6 | AcgM…NzjZ | 5,217,430,776 | Loopscale ONyc | |
| #7 | 2y2T…aU1m | 4,440,295,816 | Kamino USDC | |
| #8 | ASQ4…ifvr | 3,280,996,397 | Exponent YT | |
| #9 | 7p6L…J1A5 | 2,344,082,289 | Kamino ONyc | |
| #10 | Fw8r…wgUU | 2,228,359,217 | Kamino ONyc |
Same $100 of ONyc, held 60 days. A higher multiplier is more points, not a higher base APY. Leverage can make your own cash smaller than the ONyc it controls, and it can liquidate you.
01 · smallest equity
6x + leverage
ONyc against USDG, USDC, or USDS. Borrowing means a small deposit can sit under a larger ONyc balance, so both the reinsurance yield and the points apply to that larger balance. OnRe does not publish the extra leverage factor, so it is not added to the estimate.
31,155 pts on $100 of ONyc
Liquidation if the loop moves against you.
02 · flat 6x
6x
ONyc against USDC, USDT, or USX. Same published 6x as the Kamino base, without an extra unpublished leverage line. Still a loop, so the size is the ONyc in the position, not a promised bonus on top.
31,155 pts
6× the points of holding the same ONyc.
03 · no borrow loop
5x
Buy the ONyc yield token instead of looping. Points are 5x on the YT balance. You skip the borrow, and you take the risk that the yield token itself falls.
25,962 pts on $100 of ONyc
Hold and LP stay at 1x and 2x, so the same $100 earns fewer points.
Base APY stays the live OnRe number (11.02%). These paths do not replace it. Points have no cash value. Nothing here is a recommendation to loop or to use a specific leverage.
ONyc on the Vault Summit screen. Holder growth next to the other tokenized funds, then the Kamino RWA chart with ONyc on top.