Skip to main contentSkip to data table
Pharos
PHAROSlive stablecoin signals

Spiko Amundi Overnight Swap Fund (SAFO) stablecoin analytics

SAFO is the USD share of the Spiko/Amundi UCITS sub-fund using fully collateralized overnight TRS with tier-1 banks; a NAV-accreting share, not $1-pegged.

Static Profile

Static stablecoin profile

Spiko Amundi Overnight Swap Fund (SAFO) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated May 15, 2026

The USD share of Spiko/Amundi Smart Cash, using fully collateralized overnight total-return swaps — medium-risk RWA strategy exposure, not direct T-bills. SAFO is the USD share class of Spiko / Amundi Smart Cash exposure using fully collateralized overnight total-return swaps...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
USD share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure.
Peg Mechanism
USD-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.
Jurisdiction
France / AMF / UCITS SICAV sub-fund
Proof Of Reserves
Independent Audit by PwC Reserve source
Contracts
7 deployments tracked across Ethereum, Polygon, Arbitrum, and Base, plus 3 more.

Snippet Answer

Is SAFO safe?

Pharos does not mark SAFO as absolutely safe. Static metadata says Spiko Amundi Overnight Swap Fund uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from PwC; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety safo-spiko-usd

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.

SAFO quick answers

What is Spiko Amundi Overnight Swap Fund (SAFO)?

SAFO is the USD share of the Spiko/Amundi UCITS sub-fund using fully collateralized overnight TRS with tier-1 banks; a NAV-accreting share, not $1-pegged. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.

What backs SAFO?

Pharos classifies SAFO backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC.

Can SAFO be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for SAFO, when applicable, appear in the dossier below.