PT reUSD 25JUN2026 · by Re · stable-PT
reUSD is Re Protocol's USDC-backed yield-bearing stablecoin, earning yield from reinsurance risk premiums via tokenized real-world reinsurance markets and providing on-chain access to insurance industry returns.
Spiral Stake supplies PT-reUSD as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more PT-reUSD — looping in a single transaction to amplify the underlying Reinsurance Premiums yield. Because the assets are price-correlated, the position targets a higher APY rather than a directional bet, with every cost and liquidation threshold shown upfront.
Leveraged PT-reUSD yield is a strategy that loops PT-reUSD on the Morpho lending protocol to multiply your exposure to its Reinsurance Premiums yield. Spiral Stake executes the whole loop in a single transaction.
PT-reUSD earns yield from Reinsurance Premiums, issued by Re. Looping amplifies that base yield.
Leveraged positions carry liquidation risk if collateral value falls relative to the borrowed asset, plus smart-contract and market risk. Every cost and liquidation threshold is shown before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.