



Pike is an integrated DEX and money market. It lets users supply, borrow, and trade coordinated assets with optimized capital efficiency and risk isolation across customizable markets.
Pike is a highly modular lending protocol that enables governors to launch custom lending markets with tailored risk settings. It features a 3-slope IRM, a secure dual-oracle system (Chainlink + Pyth), and supports wSPA token powered by Tapio as dual-yield collateral. With unified lending and trading, multi-level governance, Pike offers unmatched capital efficiency and flexibility compared to existing solutions.
No protocols can be considered entirely risk free, but extensive measures have been taken to mitigate these risks as much as possible. Pike has undergone multiple independent security audits conducted by MixBytes and Fuzzland. We have also completed a crowdsourced audit competition hosted by Cantina. Furthermore, Pike implements real-time monitoring and prevention services provided by Hypernative and zeroShadow.
In short, Pike is the engine, and Tapio is one of the first vehicles built on it. Tapio uses Pike’s modular lending infrastructure and acts as a market governor, managing its own assets and adding DEX functionality. This allows users to trade efficiently and utilize liquidity as collateral within Tapio’s custom market on the Pike platform.
P is the native token of the Pike protocol, P is currently live on the Base network. The Pike token empowers decentralized governance, protocol protection, and will soon serve advanced features such as isolated market creation and custom parameters setting.