Ask about Spiko
Logo of SpikoSpiko
Total Value Locked$1.163b

TVL by Chain

Stellar$538.94m

Arbitrum$383.75m

Polygon$95.24m

Ethereum$80.31m

Starknet$31.99m

Base$24.05m

Etherlink$8.99m

Key Metrics

Fees (Annualized)$3.88m
Fees 30d$204,033

Polygon$189,712

Ethereum$14,321

Fees 7d$43,009

Polygon$39,728

Ethereum$3,281

Fees 24h$6,620

Polygon$6,164

Ethereum$456

Cumulative Fees$6.95m

Polygon$6.05m

Ethereum$896,755

Revenue (Annualized)$498,444
Revenue 30d$32,912

Polygon$18,591

Ethereum$14,321

Revenue 7d$7,437

Polygon$4,156

Ethereum$3,281

Revenue 24h$1,019

Polygon$563

Ethereum$456

Cumulative Revenue$765,486

Polygon$552,927

Ethereum$212,559

Total Raised$22m

Jul 17, 2025$22mRound: Series AInvestors: Index Ventures, Blockwall Management, White Star Capital, BPI France, Frst, Rerail

Protocol Information

Spiko USTBL / EUTBL are Tokenized Money Market Funds regulated by the French Financial Markets Authority that invest in US T-Bills / Eurozone T-Bills

CategoryRWA

Sub Category: Treasury Bills

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Includes positive NAV growth from EUTBL/USTBL asset yields and Spiko's annual management fee.View code on GitHubRevenue: Spiko management fees, charged at 0.25% annually on fund assets.View code on GitHub

Competitors

Midas RWA ($110.03m)VNX ($6.58m)Ondo Yield Assets ($2.627b)Tangible RWA ($41.9m)OpenEden USDO ($35.85m)Tether Gold ($3.001b)BlackRock BUIDL ($2.988b)Circle USYC ($2.978b)Paxos Gold ($1.936b)Centrifuge Protocol ($1.634b)