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Organisation

Spiko

2 placements on ChainChoice under Spiko, each scored against its own category's pool and criteria — #1 in 2 of them. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.

Money-Market Funds
How you can lose money here, and what the ranking scores
  • Insolvency failure: the firm or issuer that owes you cannot pay.
    Scored by Token as the share of record · 30% (Spiko US T-Bills Money Market Fund (USTBL) 6/10)
    Scored by Portfolio and liquidity rules · 20% (Spiko US T-Bills Money Market Fund (USTBL) 8/10)
  • Regulatory failure (Spiko US T-Bills Money Market Fund (USTBL) 10/10): no licence where you are, or a forced market exit.
    Scored by Regulator and registration number · 28%
Not assessed by this ranking: Contract failure, Control failure, Custody failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Published fee against fund yield (22%).
Stablecoin Yield
How you can lose money here, and what the ranking scores
  • Insolvency failure (Spiko (USTBL / EUTBL) 10/10): the firm or issuer that owes you cannot pay.
    Scored by What actually pays the yield · 30%
  • Regulatory failure (Spiko (USTBL / EUTBL) 8/10): no licence where you are, or a forced market exit.
    Scored by Access reality · 24%
  • Exit failure (Spiko (USTBL / EUTBL) 9/10): you cannot get out at par, on time, or with what is yours.
    Scored by Redemption & claim quality · 26%
Not assessed by this ranking: Contract failure, Control failure, Liveness failure, Custody failure, Execution failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Conditions on the headline rate (20%).