Total Value Locked$19.85m
TVL by Chain
Ethereum$19.85m
Key Metrics
Fees 30d$69,926
Fees 30d by chain
Ethereum$69,926
Fees 7d$4,887
Ethereum$4,887
Fees 24h$4.70
Ethereum$4.70
Cumulative Fees$1.25m
Ethereum$1.26m
Revenue 30d$6,996
Revenue 30d by chain
Ethereum$6,996
Revenue 7d$489.47
Ethereum$489.47
Revenue 24h$0.47
Ethereum$0.47
Cumulative Revenue$125,746
Ethereum$125,746
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Market Cap$0
$PIKU Price$0.02
Fully Diluted Valuation$10.22m
$PIKU Volume 24h$0
CEX Volume$0
DEX Volume$0
Treasury$3.71m
Majors$1,182
Stablecoins$3.71m
Own Tokens$0
Others$21.76
Protocol Information
Piku Finance is an on-chain yield platform offering USP, a yield-optimized stablecoin, together with institutional-grade Morini Capital vaults focused on market-neutral, foreign exchange arbitrage, carry trade, and basis trade strategies.
Audits:
Methodology
TVL: TVL includes USP total supply valued by its issuance oracle, and the Morini CarryTradeUSDTRYLeverage and StockMarketTRBasisTrade share supplies valued with their custom oracle latestRoundData answers. USP deposits into other piku vaults are excluded.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 protocolCompetitors
Piku Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 10, 2025 to Oct 26, 2026.
All-time high TVL: $29.4m on Aug 21, 2026. All-time low TVL: $14 on Sep 22, 2025.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $18.85m |
| Sep 28, 2026 | $18.85m |
| Sep 29, 2026 | $19.34m |
| Sep 30, 2026 | $18.88m |
| Oct 1, 2026 | $19.01m |
| Oct 2, 2026 | $18.34m |
| Oct 3, 2026 | $18.96m |
| Oct 4, 2026 | $19.83m |
| Oct 5, 2026 | $20.04m |
| Oct 6, 2026 | $20.43m |
| Oct 7, 2026 | $20.56m |
| Oct 8, 2026 | $19.56m |
| Oct 9, 2026 | $19.72m |
| Oct 10, 2026 | $19.36m |
| Oct 11, 2026 | $19.05m |
| Oct 12, 2026 | $19.05m |
| Oct 13, 2026 | $19.83m |
| Oct 14, 2026 | $19.95m |
| Oct 15, 2026 | $19.94m |
| Oct 16, 2026 | $20.68m |
| Oct 17, 2026 | $20.25m |
| Oct 18, 2026 | $20.24m |
| Oct 19, 2026 | $20.24m |
| Oct 20, 2026 | $20.49m |
| Oct 21, 2026 | $21.11m |
| Oct 22, 2026 | $19.85m |
| Oct 23, 2026 | $19.85m |
| Oct 24, 2026 | $19.85m |
| Oct 25, 2026 | $19.85m |
| Oct 26, 2026 | $19.84m |
TVL at each month end, Sep 2025 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2025 | $4.52m |
| Oct 31, 2025 | $4.95m |
| Nov 30, 2025 | $5.46m |
| Dec 31, 2025 | $5.59m |
| Jan 31, 2026 | $6.22m |
| Feb 28, 2026 | $13.64m |
| Mar 31, 2026 | $14.97m |
| Apr 30, 2026 | $16.79m |
| May 31, 2026 | $17.16m |
| Jun 30, 2026 | $8.68m |
| Jul 31, 2026 | $25.02m |
| Aug 31, 2026 | $27.71m |
| Sep 30, 2026 | $18.88m |
| Oct 26, 2026 (latest) | $19.84m |
Fees, revenue and holders revenue by UTC calendar month, Sep 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Sep 2025 | $17,455 | $1,746 | $0 |
| Oct 2025 | $104,928 | $10,497 | $0 |
| Nov 2025 | $70,432 | $7,044 | $0 |
| Dec 2025 | $84,658 | $8,571 | $0 |
| Jan 2026 | $88,791 | $8,880 | $0 |
| Feb 2026 | $65,774 | $6,577 | $0 |
| Mar 2026 | $96,050 | $9,609 | $0 |
| Apr 2026 | $143,783 | $14,375 | $0 |
| May 2026 | $143,324 | $14,487 | $0 |
| Jun 2026 | $158,471 | $15,914 | $0 |
| Jul 2026 | $72,974 | $7,435 | $0 |
| Aug 2026 | $83,108 | $8,311 | $0 |
| Sep 2026 | $60,811 | $6,083 | $0 |
| Oct 2026 (to date) | $62,145 | $6,217 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/piku-finance
Frequently asked questions
What is Piku Finance's TVL?
As of Oct 26, 2026, Piku Finance has $19.85m in total value locked. TVL has increased 5.3% over the past 30 days.
What chains does Piku Finance operate on?
Piku Finance operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Piku Finance generated in fees and revenue?
Over the past 30 days, Piku Finance generated $69,926 in fees. Of that, $6,996 was protocol revenue. Based on the trailing year, the annualized rate is $1.15m in fees and $115,097 in revenue.
What is the PIKU token price and valuation?
PIKU is currently trading at $0.02. Its circulating market capitalization is $0, ranking it #19,484. Its fully diluted valuation is $10.22m. Supply currently stands at 0 circulating, 500m total supply.
How has PIKU performed recently?
Its all-time high is $0.022, reached on Aug 28, 2026. The token is currently 7.9% below that level.
How does Piku Finance's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Piku Finance ranks #17 by TVL. The category holds $7.579b across 41 protocols, and Piku Finance accounts for 0.3% of that total. Similar protocols include Ethena USDe, Falcon Finance, BitFi Basis, Solv Basis Trading, Tori Finance, Axis, ZEROBASE CeDeFi, Aegis YUSD, JUSD Finance, and BounceBit Prime.
Does Piku Finance have a treasury?
Piku Finance has a tracked treasury currently valued at $3.71m. Its holdings include $3.71m in stablecoins, $1,182 in major assets, $21.76 in other assets.

