The revolution has just began
01 Deposit into a SPICE vault
Earn real-world yield by depositing digital assets into a SPICE vault. Vaults offer specific yield strategies and risk profiles based on asset type and RWA curators. Depositors get transparent fund tracking and receive composable $NOTE tokens representing their position.
02 Assets deployed to verified RWA Curators
Verified RWA curators deploy vault assets into real-world commodity trades.
SPICE mitigates risk through various mechanisms like mandatory offtake agreements, asset-backed collateral, cargo insurance, independent risk assessments, and protocol-native slashing to ensure comprehensive capital protection for all deals.
03 Earn yield from Real World Trades
SPICE generate yield through either interest on deployed capital or profit-sharing from physical commodity trades. These returns flow back into the vault regularly and are distributed to depositors.
Yield performance varies by vault depending on the risk profile, curator execution, and broader market conditions.
All activity is transparently tracked onchain, with real-time reporting on capital flows, trade execution, net-asset value, collateral status, and payment milestones via verified attestations and smart contract integrations.
Depositors can monitor capital deployment and trade progress through real-time dashboards with deal-level data.
Risk managed, so you dont have to worry
Simple, Powerful and transparent. We prioritize capital protection through comprehensive risk controls for all deals.
Meet $NOTE — Your Key to Tokenized Trade Finance
The SPICE Note ($NOTE) is a yield-accruing token issued to depositors in SPICE vaults. Each $NOTE is fully backed by real-world assets and protected by on-chain risk frameworks.
Yield generated from global trade flows is reflected on the price of $NOTE, while being fully composable across DeFi protocols, allowing you to do more with your capital.
note
JOIN THE POWDER HUNT
The SPICE rewards program
The next chapter of global trade is onchain.
Thrive with SPICE
About us
Rebuilding Global Trade for the Onchain Era
SPICE is a crypto-native software company on a mission to make global trade open, accessible, and onchain.
Our team blends deep experience across Web3 and TradFi, from launching Layer 1s, building wallets, and scaling DeFi protocols to advising leading global trade institutions.
Our instinct is to build, on a mission to push human potentiation and make tomorrow's economy open and accessible to everyone.
Frequently Ask Questions