Ask about Spiral Stake
Key Metrics
Active Loans$131,806.01
Protocol Information
Spiral Stake opens one-transaction leveraged ("looping") positions on Morpho Blue markets — flash-borrow the loan asset, swap to collateral, supply, and borrow against it — with each position held in its own proxy.
Audits:
Methodology
TVL: Spiral Stake opens leveraged positions on Morpho Blue markets. Each position is held by a dedicated UserProxy contract that supplies collateral to and borrows from a Morpho market. TVL counts the collateral held across all open Spiral positions minus the debt owed to Morpho, i.e. only the user margin, since the leveraged portion is flash-borrowed and immediately repaid out of the Morpho borrow. Debt is reported separately as borrowed. The collateral is also counted in Morpho Blue TVL, so this listing is flagged as doublecounted.View code on GitHubCompetitors
Frequently Asked Questions
What is Spiral Stake's TVL?
Spiral Stake currently has $16,769.72 in total value locked.
What chains does Spiral Stake operate on?
Spiral Stake operates on 2 chains: Robinhood Chain and Ethereum. Robinhood Chain holds the largest share at 68.2%.
How does Spiral Stake's TVL compare to similar protocols?
Among Yield Aggregator protocols tracked by DefiLlama, Spiral Stake ranks #97 by TVL. The category holds $1.386b across 195 protocols, and Spiral Stake accounts for <0.1% of that total. Other leading protocols include Beefy, Fusion by IPOR, DexFi Aggregator, CIAN Yield Layer, Fluid Lite, Yearn Finance, Vesper, YO Protocol, vfat.io, and Harvest Finance.
How much has been borrowed through Spiral Stake?
Spiral Stake currently has $131,806.01 in active loans.