Key Metrics
Fees (Annualized)$1.22m
Fees 30d$80,218
Ethereum$80,218
Fees 7d$25,670
Ethereum$25,670
Fees 24h$5,487
Ethereum$5,487
Cumulative Fees$1.12m
Ethereum$1.12m
Revenue (Annualized)$122,549.02
Revenue 30d$8,021
Ethereum$8,021
Revenue 7d$2,567
Ethereum$2,567
Revenue 24h$549
Ethereum$549
Cumulative Revenue$112,354
Ethereum$112,354
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$3.75m
$1,282.91
Stablecoins$3.75m
Own Tokens$0
Others$28.71
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
Frequently Asked Questions
What is Piku Finance's TVL?
Piku Finance currently has $29m in total value locked. TVL has increased 255% 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 $80,218 in fees. Of that, $8,021 was protocol revenue. Based on the trailing year, the annualized rate is $1.22m in fees and $122,549.02 in revenue.
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 $7.205b across 40 protocols, and Piku Finance accounts for 0.4% of that total. Other leading protocols include Ethena USDe, Falcon Finance, BounceBit CeDeFi Yield, BitFi Basis, Solv Basis Trading, Bitwise USCC, Axis, Tori Finance, ZEROBASE CeDeFi, and Aegis YUSD.
Does Piku Finance have a treasury?
Piku Finance has a tracked treasury currently valued at $3.75m. Its holdings include $3.75m in stablecoins, $1,282.91 in major assets, $28.71 in other assets.

