Spectra primary sources — 2026-05-08
Official site / product docs
- https://www.spectra.finance/
- Public project homepage.
- https://docs.spectra.finance/
- Best high-level non-technical overview of the protocol’s goals and entity breakdown.
- https://dev.spectra.finance/
- Developer-oriented documentation surface referenced by the core repo and user docs.
Core mechanism docs
- https://docs.spectra.finance/core-concepts/principal-and-yield-token
- Most useful single page for the core primitive: Spectra splits ERC-4626 interest-bearing tokens into Principal Tokens and Yield Tokens, enabling fixed-rate, upfront-yield, and yield-trading use cases.
- https://docs.spectra.finance/
- Overview page states the protocol is permissionless and that anyone can create new markets, swap yield derivatives, or provide liquidity.
Governance / tokenomics docs
- https://docs.spectra.finance/tokenomics/spectra
- Documents the APW → SPECTRA migration, ve-locking utility, emissions schedule, and gauge-incentive participation.
Security docs
- https://docs.spectra.finance/security/audits
- Public list of security reviews, including Code4rena and Pashov Audit Group work on Spectra contracts.
GitHub / code
- https://github.com/perspectivefi/spectra-core
- Core protocol repository. The README documents PT/YT minting, factory/registry/router architecture, and EIP-5095 / EIP-2612 / ERC-4626 alignment.
- https://github.com/perspectivefi/spectra-governance
- Governance repository. README says the voting and fee-distribution system was forked from Velodrome and adapted for Spectra, which is the key reason Spectra belongs in both the yield-tokenization and gauge-governance comparison sets.
Supplemental live tokenomics surface
- https://app.spectra.finance/api/v1/spectra/total-supply
- Public API endpoint referenced in tokenomics docs for total-supply visibility.
Corpus-use takeaway
Spectra matters because it bridges two comparison classes that are often studied separately:
- Pendle-like principal/yield tokenization and fixed-rate markets.
- Velodrome-like ve-token incentive routing, fees, and bribing.
That combination makes Spectra a strong addition when comparing how yield-tokenization protocols evolve from pure rates infrastructure into governance-directed liquidity and incentive markets.