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$SPRL Fee Capture & Distribution
Protocol stats
Spiral by numbers
- Net TVL (Deposits + borrowed) · Live
- $148,604
- Borrowed · Live
- $131,803
- Total notional value
- $337,779
- all time looped
- Avg deposit size
- $786.69
- all time
- Weighted avg APY
- 49.64%
- all time · 25.41% open
- Total positions
- 47
- 23 open
- Protocol revenue
- $286.54
- protocol fees held in treasury
Fees captured
Revenue claimed by the creator wallet
- Updated
- Sep 15, 2026, 05:34 UTC
- Block
- 63,413,677
Total fees captured · all time
$39,916
16.291 ETH claimed across 2 claims
- Creator wallet
- 0x31A0…Bf23
- Claimed from
- 0xd3AF…ac9e
- Claims
- 2
- Last claim
- Sep 14, 2026
- Realized in USDG
- $39,912
- Not yet converted
- $3.69
USDG is counted at $1. ETH not yet converted is valued at today's price, before swap slippage. Read live from Robinhood Chain.
Distribution
Where the fees go
Every week, the fees are converted to USDG and shared across three wallets. Here's exactly where it all went.
The weekly cycle
Runs every week, in this order- 1
Claim
ETH fees claimed from Pons
- 2
Swap
ETH swapped to USDG, subject to market slippage
- 3
Distribute
USDG split 20 / 40 / 40 to the three wallets
- 4
Reserve on Spiral
Reserve USDG deployed into Spiral Stake strategies
4Yield boosts
Incentives USDG funds Merkl campaigns for depositors
$39,911
16.291 ETH claimed · distributed to the three wallets
$5,976
current balance
Protocol development & marketing
$6,376
current balance
Backs the token; its yield funds buybacks & burns
$16,169
current balance
Bootstraps equity strategies & new primitives
Usage
Reserve on Spiral. Earning in-house.
Deployed into Spiral Stake's own strategies. The yield funds $SPRL buybacks and burns.
- Amount$9,558Total supplied$100,612Borrowed$91,054Leverage10.5xProjected yield · 1 year+$1,332
- 60% syrupUSDG
Maple · institutional lending loop on Robinhood Chain
- 40% SPY + yield
SPY exposure plus stablecoin yield
Incentives
Yield boosts for depositors.
Returned to depositors as extra yield on top of the syrupUSDG strategy and the equity strategies, streamed through Merkl once campaigns are set up.
- syrupUSDG strategyMaple loop on Robinhood Chain
- SPY / USDG strategySPY exposure plus stablecoin yield
- NVDA / USDG strategyNVDA exposure plus stablecoin yield
- TSLA / USDG strategyTSLA exposure plus stablecoin yield
$5,976
current balance
Protocol development & marketing
$6,376
current balance
Backs the token; its yield funds buybacks & burns
$16,169
current balance
Bootstraps equity strategies & new primitives
Usage
Reserve on Spiral. Earning in-house.
Deployed into Spiral Stake's own strategies. The yield funds $SPRL buybacks and burns.
- Amount$9,558Total supplied$100,612Borrowed$91,054Leverage10.5xProjected yield · 1 year+$1,332
- 60% syrupUSDG
Maple · institutional lending loop on Robinhood Chain
- 40% SPY + yield
SPY exposure plus stablecoin yield
Incentives
Yield boosts for depositors.
Returned to depositors as extra yield on top of the syrupUSDG strategy and the equity strategies, streamed through Merkl once campaigns are set up.
- syrupUSDG strategyMaple loop on Robinhood Chain
- SPY / USDG strategySPY exposure plus stablecoin yield
- NVDA / USDG strategyNVDA exposure plus stablecoin yield
- TSLA / USDG strategyTSLA exposure plus stablecoin yield
Burns
Deflationary by design.
$SPRL is only ever burned, never minted again. Tokens are burned from the burn wallet on a periodic schedule, and reserve yield buys back and burns more.
Removed from supply · permanently
139,940,828
$SPRL burned · 13.99% of the 1,000,000,000 minted
- Burn wallet
- 0x06FF…b401
- Token
- 0xb22A…B5B6
- Circulating supply
- 860,059,172
- Burns
- 5
- Last burn
- Sep 9, 2026
- Queued in burn wallet
- 0$SPRL
Recent burns
Newest first · every one verifiable on the explorer
- Sep 9, 202639,940,828 $SPRL
- Sep 9, 202630,000,000 $SPRL
- Sep 8, 202649,999,900 $SPRL
- Sep 8, 202620,000,000 $SPRL
- Sep 8, 2026100 $SPRL
Supply and burns are read live from the $SPRL contract on Robinhood Chain.
