We are thrilled to unveil a major upgrade: Pike is now integrated with the Berachain network, and we are launching a built-in DEX powered by Tapio Protocol. Whether you are a DeFi veteran, a developer, or a dedicated community member, this is your chance to explore powerful new tools and help shape the future of decentralized finance.
Dive into Tapio
Liquidity provision is the backbone of DeFi, enabling seamless trading on DEXs. By depositing equal values of two tokens into a liquidity pool, you facilitate trades and earn a portion of the trading fees in return. Tapio Protocol streamlines this process with a user-friendly approach:
- Deposit paired assets into a dedicated pool.
- Receive SPA token (aka tapToken), representing your share of the pool, which grows as the pool earns fees.
- Redeem your SPA token anytime for your deposit plus profits.
This integration with Tapio Protocol sets the stage for:
- Automated Value Accrual: Your SPA token increases in value as the pool generates fees and rewards, so no extra effort is required.
- Simplified Liquidity Management: Tapio’s automated strategies minimize the manual work of managing liquidity.
- All-in-One DeFi Hub: Swap, lend, borrow, and provide liquidity, all within a single platform.
Unlocking the Potential of Stable Assets with SPA
Stable assets are tokens designed to maintain a consistent value relative to a reference asset, typically to reduce volatility and provide stability for users. These tokens are essential in DeFi to enable predictable value storage and transactions.
Liquid Staking Tokens (LSTs) like stETH are a type of stable asset that have become key players in DeFi. The ETH liquid staking market alone has grown to over $24 billion, according to DeFiLlama. However, challenges remain: their liquidity is fragmented across various platforms and networks, leading to trade inefficiencies like higher slippage, especially for less popular LSTs. Additionally, only a handful of LSTs, such as wstETH, are widely accepted as collateral for borrowing, restricting user flexibility.
SPA from Tapio Protocol enhances this. Add liquidity to pools (e.g., WETH-wstETH), earn SPA tokens, and use them on Pike for:
- Unified Liquidity: Cheaper, smoother trades.
- More Collateral: Broader LST borrowing options.
- Capital Efficiency: Earn fees while borrowing.
SPA simplifies the complexity of stable assets and supercharges their utility, making DeFi more accessible, efficient, and rewarding for users.
New Features Here
- Berachain Network: A high-performance blockchain celebrated for its scalability, low transaction fees, and robust security. By integrating with Berachain, Pike gains access to a dynamic ecosystem that enhances our platform’s capabilities.
- Built-in DEX: A feature powered by Tapio lives first on the Base network, streamlining participation in stable asset liquidity pools, enhancing efficiency, minimizing slippage on swaps, and making it easier than ever to earn rewards.
- Borrowing with SPA: Use your SPA tokens as collateral for borrowing on the Base network while continuing to earn trading fees from the pool.
- Dynamic Asset Data for Pool: Real-time graphs and data for personal pool positions, general pool statistics, behavior history, and attributes help you make informed decisions.
For lenders, you can earn supply interest and trading fees simultaneously. For borrowers, you can get more capital efficiency, lower borrowing costs, and new collateral options.
It’s Time to Join
We’re refining these features to perfection, and we need your input to make it happen. We’re looking for:
- Experienced DeFi users who are familiar with lending, borrowing, and LP strategies.
- Developers with experience in DeFi integration.
- Active Pike community members who believe in our vision and want to contribute to the future.
Don’t wait, fill out the application form to secure your spot - https://app.deform.cc/form/8e5c0c94-ec6c-41dc-b62d-5cf4a3baf5f8 before 00:00 UTC, May 2, 2025. Selected applicants will be notified via announcements. Spots are limited. This is your chance to lead the next wave of DeFi.
About Pike
Pike is a modular money market with built-in DEX capabilities delivering superior capital efficiency for lenders, borrowers, and traders. It offers highly competitive rates through cross-chain interest rate arbitrage and above industry standard liquidity utilization rates.
Learn more: https://www.pike.finance/
Join the Discord: https://discord.gg/pikefinance
Community Dashboard: https://community.pike.finance
Docs: https://docs.pike.finance/