Ask about Spiko · freeRWA AUM$2.73b
Key Metrics
Fees 30d$4.58m
Fees 30d by chain
Stellar$3.38m
Arbitrum$469,876
Ethereum$411,265
Polygon$261,818
Base$51,273
Starknet$2,555
Etherlink$1,002
Fees 7d$1.17m
Stellar$880,028
Arbitrum$113,456
Ethereum$101,204
Polygon$62,361
Base$12,257
Starknet$800
Etherlink$232
Fees 24h$172,100
Stellar$130,643
Arbitrum$16,308
Ethereum$14,216
Polygon$9,004
Base$1,782
Starknet$114
Etherlink$33
Cumulative Fees$18.57m
Stellar$8m
Polygon$6.86m
Ethereum$1.98m
Arbitrum$1.48m
Base$150,882
Starknet$77,727
Etherlink$14,683
Revenue 30d$539,652
Revenue 30d by chain
Stellar$342,690
Arbitrum$103,400
Ethereum$48,654
Polygon$34,180
Base$8,060
Starknet$1,676
Etherlink$992
Revenue 7d$127,860
Stellar$82,965
Arbitrum$22,882
Ethereum$11,606
Polygon$7,748
Base$1,875
Starknet$553
Etherlink$231
Revenue 24h$18,529
Stellar$12,163
Arbitrum$3,216
Ethereum$1,655
Polygon$1,114
Base$269
Starknet$79
Etherlink$33
Cumulative Revenue$2.33m
Stellar$934,192
Polygon$663,155
Ethereum$352,000
Arbitrum$336,132
Base$24,905
Starknet$16,124
Etherlink$4,116
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 $4.58m in fees. Of that, $539,652 was protocol revenue. Based on the trailing year, the annualized rate is $13.94m in fees and $1.88m 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 $4.701b 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.