SPIRAL STAKE V2 · LIVE ON ETHEREUM

The Leverage Execution Layer for Digital Assets.

Multiply your exposure to any onchain asset in one click. Stablecoins, ETH, BTC & Stocks, all leveraged in one click, with every cost and threshold visible upfront.

Strategies
50+
Issuers
30+
Audits
3
Custody model
Non-custodial

Powered by

morpho

How it works

Leverage in one transaction.
Not five.

01 · Choose

Pick your asset

02 · Set

Set your leverage

03 · Execute

One transaction, done

61.75% APY

Apyx

apyUSD

/

USDC

Yield Source

DeFi Strategies

Market Size

$5.10M

Underlying

USD

Borrow Liquidity

$555.42K

48.33% APY

infiniFi

siUSD

/

msUSD

Yield Source

DeFi Strategies

Market Size

$19.93M

Underlying

USDC

Borrow Liquidity

$4.61M

16.89% APY

Ethena

sUSDe

/

USDtb

Yield Source

Delta-Neutral Funding

Market Size

$120.25M

Underlying

USDe

Borrow Liquidity

$12.03M

Leverage 5.7x

Coinbase

cbBTC

/

USDC

Borrow Rate

4.15%

Market Size

$269.73M

Max LTV

83.50%

Borrow Liquidity

$28.76M

Leverage 5.7x

BitGo

WBTC

/

USDC

Borrow Rate

4.15%

Market Size

$155.33M

Max LTV

83.50%

Borrow Liquidity

$16.71M

Leverage 5.7x

Lido

wstETH

/

USDT

Borrow Rate

3.81%

Market Size

$195.75M

Max LTV

83.50%

Borrow Liquidity

$18.97M

9.84% APY

Lido

wstETH

/

WETH

Yield Source

ETH Staking

Market Size

$95.44M

Underlying

ETH

Borrow Liquidity

$14.14M

7.02% APY

ether.fi

weETH

/

WETH

Yield Source

ETH Restaking

Market Size

$38.04M

Underlying

ETH

Borrow Liquidity

$4.19M

9.90% APY

Avant

savETH

/

WETH

Yield Source

ETH Staking

Market Size

$5.10M

Underlying

ETH

Borrow Liquidity

$546.27K

Security

Secure & Audited by the best
Non-custodial by design, your assets always stay in your custody. Powered by Morpho's risk-isolated markets, every position is transparent with visible borrow rates, liquidation levels, LTV, and health factors. You are only trusting the asset and the credit market, nothing in between.
Cyfrin
Sherlock
Phages

Built with issuers

A neutral venue for the onchain economy.

We don't issue our own assets. We build the leverage execution layer on top of them. Any asset with a Morpho market can be live on Spiral Stake within a day, which is why our menu grows with the ecosystem.
Get Listed
wstETH
Lido
wstETH
WBTC
BitGo
WBTC
cbBTC
Coinbase
cbBTC
siUSD
infiniFi
siUSD
stcUSD
Cap
stcUSD
PT-reUSD-25JUN2026
Re
reUSD
weETH
ether.fi
weETH
PT-stcUSD-23JUL2026
Cap
stcUSD
syrupUSDT
Maple
syrupUSDT
reUSD
Re
reUSD
upUSDC
Upshift
upUSDC
syrupUSDC
Maple
syrupUSDC
PT-cUSD-23JUL2026
Cap
cUSD
stUSDS
Sky
stUSDS
sUSDe
Ethena
sUSDe
sUSDD
USDD
sUSDD
sUSN
Noon
sUSN
sUSDS
Sky
sUSDS
savUSD
Avant
savUSD
sUSDat
Saturn
sUSDat
PT-USDG-28MAY2026
Paxos
USDG
ETH+
Reserve
ETH+
PT-apyUSD-18JUN2026
Apyx
apyUSD
OETH
Origin
OETH
PT-sNUSD-4JUN2026
Neutrl
sNUSD
savETH
Avant
savETH
PT-apxUSD-18JUN2026
Apyx
apxUSD
LBTC
Lombard
LBTC
apyUSD
Apyx
apyUSD
kBTC
Kraken
kBTC
msY
Main Street
msY
rETH
Rocket Pool
rETH
PRIME
Hastra
PRIME
USP
PikuDAO
USP
PT-USDat-27AUG2026
Saturn
USDat
XAUt
Tether
XAUt
srRoyUSDC
Royco
srRoyUSDC
sDOLA
Inverse
sDOLA
fxSAVE
f(x) Protocol
fxSAVE
PT-srUSDat-27AUG2026
Strata
srUSDat
wstETH
Lido
wstETH
WBTC
BitGo
WBTC
cbBTC
Coinbase
cbBTC
siUSD
infiniFi
siUSD
stcUSD
Cap
stcUSD
PT-reUSD-25JUN2026
Re
reUSD
weETH
ether.fi
weETH
PT-stcUSD-23JUL2026
Cap
stcUSD
syrupUSDT
Maple
syrupUSDT
reUSD
Re
reUSD
upUSDC
Upshift
upUSDC
syrupUSDC
Maple
syrupUSDC
PT-cUSD-23JUL2026
Cap
cUSD
stUSDS
Sky
stUSDS
sUSDe
Ethena
sUSDe
sUSDD
USDD
sUSDD
sUSN
Noon
sUSN
sUSDS
Sky
sUSDS
savUSD
Avant
savUSD
sUSDat
Saturn
sUSDat
PT-USDG-28MAY2026
Paxos
USDG
ETH+
Reserve
ETH+
PT-apyUSD-18JUN2026
Apyx
apyUSD
OETH
Origin
OETH
PT-sNUSD-4JUN2026
Neutrl
sNUSD
savETH
Avant
savETH
PT-apxUSD-18JUN2026
Apyx
apxUSD
LBTC
Lombard
LBTC
apyUSD
Apyx
apyUSD
kBTC
Kraken
kBTC
msY
Main Street
msY
rETH
Rocket Pool
rETH
PRIME
Hastra
PRIME
USP
PikuDAO
USP
PT-USDat-27AUG2026
Saturn
USDat
XAUt
Tether
XAUt
srRoyUSDC
Royco
srRoyUSDC
sDOLA
Inverse
sDOLA
fxSAVE
f(x) Protocol
fxSAVE
PT-srUSDat-27AUG2026
Strata
srUSDat

Your assets, leveraged. In
one click.

The leverage execution layer for your assets.
Spiral Stake
The leverage execution layer for digital assets. Powered by Morpho. Backed by Frax.
Copyright © 2026, Spiral Stake