Ask about Piku Finance · freeTotal Value Locked$23.45m
TVL by Chain
Ethereum$23.45m
Key Metrics
Fees 30d$25,461
Fees 30d by chain
Ethereum$25,461
Fees 7d$6,623
Ethereum$6,623
Fees 24h$0
Ethereum$0
Cumulative Fees$1.27m
Ethereum$1.28m
Revenue 30d$2,549
Revenue 30d by chain
Ethereum$2,549
Revenue 7d$663
Ethereum$663
Revenue 24h$0
Ethereum$0
Cumulative Revenue$127,552
Ethereum$127,552
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
$PIKU Volume 24h$104.35
CEX Volume$0
DEX Volume$104.35(100% of total)
Treasury$3.44m
Majors$906.56
Stablecoins$1.56m
Own Tokens$0
Others$1.88m
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 protocolPiku Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 10, 2025 to Nov 15, 2026.
All-time high TVL: $29.4m on Aug 21, 2026. All-time low TVL: $14 on Sep 22, 2025.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 27, 2026 | $19.93m |
| Oct 28, 2026 | $20.14m |
| Oct 29, 2026 | $20.41m |
| Oct 30, 2026 | $20.59m |
| Oct 31, 2026 | $20.63m |
| Nov 1, 2026 | $20.63m |
| Nov 2, 2026 | $20.6m |
| Nov 3, 2026 | $23.05m |
| Nov 4, 2026 | $22.73m |
| Nov 5, 2026 | $22.73m |
| Nov 6, 2026 | $23.1m |
| Nov 7, 2026 | $22.74m |
| Nov 8, 2026 | $22.9m |
| Nov 9, 2026 | $22.97m |
| Nov 10, 2026 | $22.96m |
| Nov 11, 2026 | $23.09m |
| Nov 12, 2026 | $23.23m |
| Nov 13, 2026 | $23.14m |
| Nov 14, 2026 | $23.46m |
| Nov 15, 2026 | $23.46m |
TVL at each month end, Sep 2025 to Nov 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 31, 2026 | $20.63m |
| Nov 15, 2026 (latest) | $23.46m |
Fees, revenue and holders revenue by UTC calendar month, Sep 2025 to Nov 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 | $69,245 | $6,929 | $0 |
| Nov 2026 (to date) | $10,946 | $1,094 | $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 Nov 15, 2026, Piku Finance has $23.45m in total value locked. TVL has increased 13.4% 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 $25,461 in fees. Of that, $2,549 was protocol revenue. Based on the trailing year, the annualized rate is $1.12m in fees and $112,660 in revenue.
What is the PIKU token price and valuation?
Supply currently stands at 0 circulating, 500m total supply.
How has PIKU performed recently?
PIKU is up 5.2% over the past 7 days and down 69.6% over the past 30 days. Its all-time high is $0.022, reached on Aug 28, 2026.
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 $7.565b across 42 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, Drakewell USDdw, and BounceBit Prime.
Does Piku Finance have a treasury?
Piku Finance has a tracked treasury currently valued at $3.44m. Its holdings include $1.56m in stablecoins, $906.56 in major assets, $1.88m in other assets.