Ask about Piku
Logo of PikuPiku(PIKU)
Total Value Locked$12.6m

TVL by Chain

Ethereum$12.6m

Key Metrics

Fees (Annualized)$1.28m
Fees 30d$161,854

Ethereum$161,854

Fees 7d$35,526

Ethereum$35,526

Fees 24h$13,326

Ethereum$13,326

Cumulative Fees$946,930

Ethereum$949,508

Revenue (Annualized)$127,895
Revenue 30d$16,185

Ethereum$16,185

Revenue 7d$3,553

Ethereum$3,553

Revenue 24h$1,333

Ethereum$1,333

Cumulative Revenue$94,958

Ethereum$94,958

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Treasury$4.58m

Majors$863.79

Stablecoins$4.58m

Own Tokens$0

Others$26.53

Protocol Information

USP is a yield-optimized stablecoin governed by PikuDAO. It launches fully backed 1:1 by USD-denominated stablecoins, and over time the backing is diversified into a basket of on-chain and off-chain yield-generating assets. The yield from these assets increases the underlying value of USP, allowing it to appreciate above its initial $1.00 launch value. USP functions as a savings-oriented asset with simplified access.

CategoryYield

Audits:

WebsiteGitHubTwitter

Methodology

TVL: TVL is calculated by multiplying USP stablecoin's total supply with its oracle price (getPriceForIssuance). The oracle price is manually updated and reflects the yield-bearing value of USP backed by USDC.View code on GitHubFees: Yield generated from USP's delta neutral strategies (arbitrage, carry trades, on-chain DeFi yield, RWAs)View code on GitHubRevenue: 10% of all yields generated from USP backing, allocated to PikuDAO treasury and protocol fee on USP redemptions, if anyView code on GitHubHolders Revenue: View code on GitHubTreasury: Value of tokens owned by the protocol

Competitors

Spark Savings ($1.556b)Pendle ($1.028b)Convex Finance ($498.55m)Lorenzo sUSD1+ ($159.87m)Stake DAO ($105.55m)Strata Markets ($84.32m)infiniFi ($72.7m)Concentrator ($62.57m)Multipli.fi ($55.27m)Noon ($34.04m)