Spiko Amundi Overnight Swap Fund (EUR)

EURSAFO is a tokenized fund share representing the euro-denominated share class of Spiko Amundi Overnight Swap Fund. The same fund's dollar class is tracked separately under the symbol SAFO. The fund is a sub-fund of Spiko SICAV, which is governed by French law, and was brought to market in March 2026 through a joint announcement by Amundi and Spiko. The value of EURSAFO is based on the net asset value calculated in euros.

Amundi is responsible for portfolio management; CACEIS serves as depositary bank and fund administrator, while Spiko handles the on-chain issuance and transfer of the shares. The fund targets a return in line with an overnight maturity through fully collateralized swap transactions with banks, and defines its target audience as corporate treasuries and institutions with collateral needs. According to its CoinGecko listing, the token is available on Ethereum, Arbitrum, Base, Polygon, Starknet, Stellar and Etherlink.

This is not a stablecoin; as a fund share, its value changes with interest accrual, and access depends on Spiko's client onboarding processes. Because Lzzo.com shows the price using DefiLlama's US dollar reference, movements in the euro/dollar exchange rate are also reflected in the value on screen.