Ask about Spiko
Logo of SpikoSpiko
Total Value Locked$1.123b

TVL by Chain

Stellar$527.05m

Arbitrum$371.6m

Polygon$87.54m

Ethereum$81.38m

Starknet$23.77m

Base$23.32m

Etherlink$8.32m

Key Metrics

Fees (Annualized)$3.84m
Fees 30d$191,959

Polygon$177,673

Ethereum$14,286

Fees 7d$45,250

Polygon$41,890

Ethereum$3,360

Fees 24h$5,287

Polygon$4,807

Ethereum$480

Cumulative Fees$7m

Polygon$6.1m

Ethereum$901,040

Revenue (Annualized)$496,151
Revenue 30d$32,029

Polygon$17,743

Ethereum$14,286

Revenue 7d$7,148

Polygon$3,788

Ethereum$3,360

Revenue 24h$984

Polygon$504

Ethereum$480

Cumulative Revenue$774,661

Polygon$557,817

Ethereum$216,844

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 ($111.15m)VNX ($5.43m)Ondo Yield Assets ($2.629b)Tangible RWA ($41.44m)OpenEden USDO ($30.28m)Circle USYC ($3.072b)BlackRock BUIDL ($3.027b)Tether Gold ($2.991b)Paxos Gold ($1.908b)Centrifuge Protocol ($1.633b)