Ask about Spiral Stake · freeTotal Value Locked$24,026
TVL by Chain
Robinhood Chain$17,621
Ethereum$6,405
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Market Cap$0
$SPRL Price$0.000042
Fully Diluted Valuation$36,335
$SPRL Volume 24h$97.17
CEX Volume$0
DEX Volume$95.20(97.97% of total)
Active Loans$201,030
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
Spiral Stake history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Aug 18, 2026 to Oct 27, 2026.
All-time high TVL: $24,379 on Oct 24, 2026. All-time low TVL: $5,611 on Aug 21, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $18,425 |
| Sep 29, 2026 | $19,159 |
| Sep 30, 2026 | $19,212 |
| Oct 1, 2026 | $19,386 |
| Oct 2, 2026 | $19,320 |
| Oct 3, 2026 | $19,101 |
| Oct 4, 2026 | $19,321 |
| Oct 5, 2026 | $19,316 |
| Oct 6, 2026 | $23,681 |
| Oct 7, 2026 | $23,569 |
| Oct 8, 2026 | $23,942 |
| Oct 9, 2026 | $24,000 |
| Oct 10, 2026 | $23,968 |
| Oct 11, 2026 | $23,978 |
| Oct 12, 2026 | $23,756 |
| Oct 13, 2026 | $24,028 |
| Oct 14, 2026 | $24,029 |
| Oct 15, 2026 | $23,945 |
| Oct 16, 2026 | $23,966 |
| Oct 17, 2026 | $23,964 |
| Oct 18, 2026 | $24,293 |
| Oct 19, 2026 | $24,283 |
| Oct 20, 2026 | $24,142 |
| Oct 21, 2026 | $24,305 |
| Oct 22, 2026 | $24,318 |
| Oct 23, 2026 | $24,257 |
| Oct 24, 2026 | $24,379 |
| Oct 25, 2026 | $24,347 |
| Oct 26, 2026 | $24,227 |
| Oct 27, 2026 | $24,150 |
TVL at each month end, Aug 2026 to Oct 2026
| Date | TVL |
|---|---|
| Aug 31, 2026 | $7,472 |
| Sep 30, 2026 | $19,212 |
| Oct 27, 2026 (latest) | $24,150 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/spiral-stake
Frequently asked questions
What is Spiral Stake's TVL?
As of Oct 27, 2026, Spiral Stake has $24,026 in total value locked. TVL has increased 28.2% over the past 30 days.
What chains does Spiral Stake operate on?
Spiral Stake operates on 2 chains: Robinhood Chain and Ethereum. Robinhood Chain holds the largest share at 73.3%.
What is the SPRL token price and valuation?
SPRL is currently trading at $0.000042. Its circulating market capitalization is $0, ranking it #19,740. Its fully diluted valuation is $36,335. Supply currently stands at 0 circulating, 860.06m total supply.
How has SPRL performed recently?
SPRL is down 19.8% over the past 7 days and down 83.8% over the past 30 days. Its all-time high is $0.00044, reached on Sep 23, 2026. The token is currently 90.5% below that level.
How does Spiral Stake's TVL compare to similar protocols?
Among Yield Aggregator protocols tracked by DefiLlama, Spiral Stake ranks #90 by TVL. The category holds $1.238b across 191 protocols, and Spiral Stake accounts for <0.1% of that total. Similar protocols include Beefy, vfat.io, DexFi Aggregator, Odyssey Finance, CIAN Yield Layer, Fluid Lite, Yearn Finance, Vesper, YO Protocol, and Harvest Finance.
How much has been borrowed through Spiral Stake?
As of Oct 27, 2026, Spiral Stake has $201,030 in active loans.