Morini CarryTradeUSDTRYLeverage Vault
View on Midas Update infoLeveraged USD/TRY carry and futures-basis strategy.
- Deposits and withdrawals may be disabled for this vault
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 24.5% | 39.7% | --- | --- | 41.2% | |
| Performance fee* Performance* | No data | No data | No data | No data | No data | |
| Management fee* Management* | No data | No data | No data | No data | No data | |
| Deposit fee Deposit | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Withdrawal fee Withdrawal | 1.1% | 1.1% | 1.1% | 1.1% | 1.1% | |
| Net Net | 10.1% | 33.6% | --- | --- | 37.6% |
* Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
Morini Capital's strategy uses a leveraged carry trade to capture the TRY overnight interest rate and pricing discrepancies in USD/TRY futures.
Curated by Morini Capital
This vault is curated by Morini Capital.
Morini Capital is the curation arm of Piku Finance, bringing emerging-market yield onchain through curated yield strategies.
Running on Midas protocol
This vault is running on Midas:
Tokenised real-world asset and yield products that publish their price on-chain.
Transaction status
Notes
Morini CarryTradeUSDTRYLeverage Vault is curated by Morini Capital, the curation arm of Piku Finance.
Summary: Morini Capital's strategy uses a leveraged carry trade to capture the TRY overnight interest rate and pricing discrepancies in USD/TRY futures.
The published vault details are available on the Piku vault page. Morini provides a portfolio overview.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #1066 | #187 | #181 | --- | --- | #73 |
| Ranking on Ethereum | #614 | #64 | #51 | --- | --- | #17 |
| Ranking on Midas | #23 | #2 | #1 | --- | --- | #1 |
| CAGR (net) | -25.0% | 10.1% | 33.6% | --- | --- | 37.6% |
| CAGR (gross) | 31.9% | 24.5% | 39.7% | --- | --- | 41.2% |
| Returns (net) | -0.6% | 0.9% | 7.4% | 14.7% | 14.7% | 14.7% |
| Returns (gross) | 0.5% | 2.0% | 8.6% | 16.0% | 16.0% | 16.0% |
| Sharpe ratio | --- | 11.66 | 12.12 | 10.56 | 10.56 | 10.56 |
| Max drawdown | 0.0% | -0.1% | -0.1% | -0.3% | -0.3% | -0.3% |
Technical Details
| Vault name | Morini CarryTradeUSDTRYLeverage Vault |
| Vault address | 0x2bf11d2e04bc40daa95c24b8b90ec4f5c57dd326 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 fetched |
| Share token | CarryTradeUSDTRYLeverage |
| Protocol | Midas |
| Homepage | View vault on protocol website |
| Current TVL | 12,820,805.555 USDC |
| Peak TVL | 20,359,181.253 USDC |
| Last share price | 1.16 USDC |
| Last updated | |
| Last updated block | 26,284,428 |
| Data refreshed at | |
| Data starts | 2026-05-23 08:43:59 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | midas_like |
| Strategy tags | fx |
| Flags | --- |
| Whitelist status | Unknown |
| Deposit status | Midas issuance and redemption use bespoke product vault contracts and eligibility checks |
| Redemption status | Midas issuance and redemption use bespoke product vault contracts and eligibility checks |
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