SpiralFi
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Robinhood Chain · looped real-world assets

Spiral deeper,
privately

Deposit something that earns. Borrow against it. Buy more. Repeat. SpiralFi does the whole turn in one transaction, holds it there, and keeps your side of it off the record.

depth1turns 1.00x exposure

press and hold · the light goes down the well with you

The loop everyone
does by hand

Five to ten transactions, gas on every one, and the last buy at a worse price than the first. It is one piece of arithmetic, so it is one transaction.

01

one swap, not ten

A loop of d turns at 75 % comes to 1 + l + l² + … — the protocol borrows the whole amount at once and buys once. Same position, one price.

02

the vault is the borrower

You hold a share of its equity. There is no position with your name on it, so there is no liquidation price attached to you and nothing for a hunter to aim at.

03

it keeps itself there

When the price moves, anyone can bring the loop back to its depth and takes a tenth of a percent for doing it. Early, in public, and paid.

in the loops
—
equity, every depth
borrow rate
—
what a turn costs
lenders earn
—
USDG in the reserve
private notes
—
live in the book

How deep
do you go?

Each turn adds exposure and adds borrowing. The dial is live: the leverage, the carry and what a thousand dollars would be holding, before you agree to anything.

Read how it is priced
one turn1.00x
three turns2.31x
five turns3.05x
loan-to-value a turn borrows at75%
hard ceiling on debt88%
assets open—
market behind them—

what the chain sees

A note of that size exists on that loop.

what it never sees

Whose it is, how many you hold, or which deposit an exit came from.

sizesthree, and no more
proofgroth16 · 11 674 constraints
builtin your browser

Trance

Buy your share as a fixed-size note. One note looks exactly like another. Spend it later, with a zero-knowledge proof, to an address that never touched the deposit.

Every extra size would split the crowd an exit hides in, so there are three. The size of that crowd is published rather than guessed at — a set nobody can count is a set nobody can trust.

It unwinds before it has to

Past a small band anyone can push a loop back to its depth and is paid for it. Out of hours the band halves and nothing levers up — the market behind the share is shut, and a Monday open can gap straight through a level that looked fine all weekend.

loopdepthheldexposure targetbandstate
—
supplied
—
USDG in the reserve
borrowed
—
by the loops
in use
—
utilisation
lenders earn
—
per year, right now

$SPIRAL

Every fee is taken in dollars and paid to the people who stake. That is all it does. No emissions, no promised rate — if the protocol is quiet, staking pays nothing and this page says so instead of printing a number.

supply
—
minted once, never again
staked
—
earning the fees
your stake
—
SPIRAL
claimable
—
USDG

stake

open to anyone—
first tier—
no limit—
your limit—