Ask about Spiko · freeRWA AUM$2.753b
Key Metrics
Fees 30d$4.96m
Fees 30d by chain
Stellar$3.68m
Arbitrum$506,421
Ethereum$440,052
Polygon$280,975
Base$54,948
Starknet$2,751
Etherlink$1,001
Fees 7d$1.22m
Stellar$916,935
Arbitrum$118,721
Ethereum$107,673
Polygon$64,142
Base$12,754
Starknet$810
Etherlink$231
Fees 24h$508,927
Stellar$382,654
Arbitrum$47,431
Ethereum$47,024
Polygon$26,440
Base$5,149
Starknet$196
Etherlink$33
Cumulative Fees$19.41m
Stellar$8.64m
Polygon$6.91m
Ethereum$2.06m
Arbitrum$1.56m
Base$159,399
Starknet$78,005
Etherlink$14,716
Revenue 30d$540,789
Revenue 30d by chain
Stellar$343,732
Arbitrum$103,597
Ethereum$48,487
Polygon$34,159
Base$8,068
Starknet$1,755
Etherlink$991
Revenue 7d$128,454
Stellar$83,589
Arbitrum$22,841
Ethereum$11,598
Polygon$7,765
Base$1,877
Starknet$553
Etherlink$231
Revenue 24h$18,697
Stellar$12,257
Arbitrum$3,274
Ethereum$1,659
Polygon$1,126
Base$269
Starknet$79
Etherlink$33
Cumulative Revenue$2.35m
Stellar$946,545
Polygon$664,293
Ethereum$353,663
Arbitrum$339,464
Base$25,174
Starknet$16,203
Etherlink$4,149
Total Raised$112m
Jul 17, 2025$22mRound: Series AInvestors: Index Ventures, Blockwall Management, White Star Capital, BPI France, Frst, Rerail
Oct 6, 2026$90mRound: Series BInvestors: New Enterprise Associates, Index Ventures, BPI France, Speedinvest, Flourish Ventures, Shapers, White Star Capital, BlockWall Digital, Mirana Ventures, Wintermute Ventures, Axel Weber, EQNX, Frst
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
Sub Category: Treasury Bills
Audits:
Methodology
Fees: Net NAV growth from Spiko funds (USTBL/EUTBL/UKTBL/SPKCC/eurSPKCC and the SAFO Amundi Overnight Swap funds) distributed to holders, plus Spiko's annual management fee. The published NAV is already net of fees, so the management fee is added on top to reconstruct gross fees.View code on GitHubRevenue: Spiko management fees on assets under management: 0.25%/yr for the T-bill funds (USTBL/EUTBL/UKTBL), 0.10%/yr for the Cash & Carry funds (SPKCC/eurSPKCC), and 0.25%/yr for the Amundi Overnight Swap funds (SAFO/eurSAFO/gbpSAFO/chfSAFO). The Cash & Carry funds also charge a 25% performance fee above the risk-free rate (SOFR) that is not captured, since only the net NAV is published on-chain.View code on GitHubCompetitors
Frequently Asked Questions
What chains does Spiko operate on?
Spiko operates on 7 chains: Polygon, Ethereum, Arbitrum, Base, and Starknet and 2 others.
How much has Spiko generated in fees and revenue?
Over the past 30 days, Spiko generated $4.96m in fees. Of that, $540,789 was protocol revenue. Based on the trailing year, the annualized rate is $14.44m in fees and $1.9m in revenue.
How does Spiko's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Spiko ranks #131 by TVL. The category holds $4.712b across 173 protocols, and Spiko accounts for 0% of that total. Other leading protocols include Tangible RWA, Mountain Protocol, Boson Protocol, Sweep, Re, Brickken, GAIB, Theo Network thBill, Anzen V2, and Solv Vesting.