Spiko EU T-Bills Money Market Fund · by Spiko · stable
EUTBL represents shares in Spiko's fully-licensed EU T-Bills Money Market Fund, investing in European Treasury Bills under the EU regulatory framework.
Spiral Stake supplies EUTBL as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more EUTBL — looping in a single transaction to amplify the underlying EU T-Bills yield. Because the assets are price-correlated, the position targets a higher APY rather than a directional bet, with every cost and liquidation threshold shown upfront.
Leveraged EUTBL yield is a strategy that loops EUTBL on the Morpho lending protocol to multiply your exposure to its EU T-Bills yield. Spiral Stake executes the whole loop in a single transaction.
EUTBL earns yield from EU T-Bills, issued by Spiko. Looping amplifies that base yield.
Leveraged positions carry liquidation risk if collateral value falls relative to the borrowed asset, plus smart-contract and market risk. Every cost and liquidation threshold is shown before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.