- Spiko EU T-Bills Money Market Fund is a tokenised fund. It is smart contract-based, but may not offer all features of vaults. Read more about the differences between vaults and tokenised funds here.
Spiko EU T-Bills Money Market Fund
View on Spiko Update infoEurozone Treasury-bill money-market strategy
🏆
- #82 overall
- #3 on
- #1 on
Share token price
3M return (ann)
▼ 6.0%*
Total value locked
$337.9M
peak $411.9M
3M Sharpe
-1.4
3M volatility
5.5%
Transaction status
Deposits Private — Spiko subscriptions, transfers and redemptions require eligibility checks and issuer-operated daily servicing
Redemptions Spiko subscriptions, transfers and redemptions require eligibility checks and issuer-operated daily servicing
Other metrics
3M Sharpe
-1.4
3M volatility
5.5%
Age
1.6 years
-4.4%
Protocol Technical Risk
Lockup period
Unknown
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 14.3% | -6.0% | -3.0% | 0.8% | 10.2% | |
| Performance fee Performance | No data | No data | No data | No data | No data | |
| Management fee Management | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | |
| Deposit fee Deposit | No data | No data | No data | No data | No data | |
| Withdrawal fee Withdrawal | No data | No data | No data | No data | No data | |
| Net Net | --- | --- | --- | --- | --- |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
Tokenised share in Spiko's Eurozone Treasury-bill money-market fund
Notes
Spiko EU T-Bills Money Market Fund (EUTBL).
- Curator: Spiko.
- Vault strategy: Permissioned tokenised share in Spiko's Eurozone Treasury-bill money-market fund.
- Valuation: Spiko's verified Chainlink-compatible Oracle publishes EUR NAV/share; fund holdings are off-chain.
- Dealing: Subscriptions, transfers and redemptions require eligibility checks and issuer-operated servicing.
- Fees: Spiko states a 0.25% annual management fee, reflected in NAV/share.
Curated by Spiko
This tokenised fund is curated by Spiko.
Spiko operates tokenised money-market funds and their permissioned on-chain servicing infrastructure.
Running on Spiko protocol
This tokenised fund is running on Spiko:
Permissioned tokenised money-market fund shares with issuer-published NAV.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #232 | #82 | #944 | #959 | #920 | #163 |
| Ranking on Arbitrum One | #14 | #3 | #90 | #99 | #97 | #19 |
| Ranking on Spiko | #1 | #1 | #1 | #1 | #1 | #1 |
| CAGR (net) | --- | --- | --- | --- | --- | --- |
| CAGR (gross) | 7.0% | 14.3% | -6.0% | -3.0% | 0.8% | 10.2% |
| Returns (net) | --- | --- | --- | --- | --- | --- |
| Returns (gross) | 0.1% | 1.1% | -1.5% | -1.5% | 0.8% | 16.4% |
| Sharpe ratio | 2.48 | 3.49 | -1.43 | -0.54 | 0.20 | 1.53 |
| Max drawdown | -0.2% | -0.6% | -3.4% | -4.0% | -4.4% | -4.4% |
| Volatility | 2.7% | 4.5% | 5.5% | 6.8% | 6.7% | 8.4% |
| TVL low | $337.87M | $337.87M | $336.83M | $237.41M | $161.74M | $45.47K |
| TVL high | $365.41M | $411.87M | $411.87M | $411.87M | $411.87M | $411.87M |
| Share price start (USD) | 1.21649 | 1.20476 | 1.23687 | 1.23678 | 1.20787 | 1.04681 |
| Share price end (USD) | 1.21807 | 1.21807 | 1.21807 | 1.21807 | 1.21807 | 1.21807 |
| Period data availability | 8 days | 31 days | 92 days | 181 days | 366 days | 571 days |
| Period start | 2026-07-30 | 2026-07-07 | 2026-05-08 | 2026-02-07 | 2025-08-06 | 2025-01-13 |
| Period end | 2026-08-06 | 2026-08-06 | 2026-08-06 | 2026-08-06 | 2026-08-06 | 2026-08-06 |
54
Xerberus risk rating
| Xerberus score | 54 / 100 |
|---|---|
| Assessment level | Protocol-level |
| Rated entity | Spiko |
Technical Details
| Vault name | Spiko EU T-Bills Money Market Fund |
| Vault address | 0xcbeb19549054cc0a6257a77736fc78c367216ce7 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USD = $1.0000 |
| Share token | EUTBL |
| Protocol | Spiko |
| Homepage | View vault on protocol website |
| Current TVL | 337,873,849.009 USD |
| Peak TVL | 411,866,539.055 USD |
| Last share price | 1.218 USD |
| Last updated | |
| Last updated block | 491,632,060 |
| Data refreshed at | |
| Data starts | 2025-01-13 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | spiko_like |
| Flags | tokenised_fund |
| Whitelist status | Whitelisted |
| Deposit status | Spiko subscriptions, transfers and redemptions require eligibility checks and issuer-operated daily servicing |
| Redemption status | Spiko subscriptions, transfers and redemptions require eligibility checks and issuer-operated daily servicing |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter