- Deposits and withdrawals may be disabled for this vault
Morini CarryTradeUSDTRYLeverage Vault
View on Midas Update infoLeveraged USD/TRY carry and futures-basis strategy.
Share token price
Transaction status
Other metrics
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 50.7% | 45.1% | 45.1% | 45.1% | 45.1% | |
| 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 | 31.7% | 37.5% | 37.5% | 37.5% | 37.5% |
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.
Notes
Morini CarryTradeUSDTRYLeverage Vault is a Piku Finance vault managed by Morini Capital.
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 authoritative source for this vault is the Piku vault page. Morini provides a portfolio overview.
Curated by Piku
This vault is curated by Piku.
Piku Finance brings global FX, arbitrage and carry opportunities on-chain 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.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #878 | #45 | #34 | #30 | #38 | #43 |
| Ranking on Ethereum | #532 | #7 | #5 | #8 | #9 | #7 |
| Ranking on Midas | #10 | #1 | #1 | #1 | #1 | #1 |
| CAGR (net) | -14.0% | 31.7% | 37.5% | 37.5% | 37.5% | 37.5% |
| CAGR (gross) | 53.2% | 50.7% | 45.1% | 45.1% | 45.1% | 45.1% |
| Returns (net) | -0.3% | 2.3% | 6.9% | 6.9% | 6.9% | 6.9% |
| Returns (gross) | 0.8% | 3.4% | 8.0% | 8.0% | 8.0% | 8.0% |
| Sharpe ratio | 12.95 | 11.17 | 12.89 | 12.89 | 12.89 | 12.89 |
| Max drawdown | 0.0% | -0.3% | -0.3% | -0.3% | -0.3% | -0.3% |
| Volatility | 3.3% | 4.1% | 4.3% | 4.3% | 4.3% | 4.3% |
| TVL low | $13.15M | $7.28M | $0.11 | $0.11 | $0.11 | $0.11 |
| TVL high | $13.59M | $13.59M | $13.59M | $13.59M | $13.59M | $13.59M |
| Share price start (USDC) | 1.07166 | 1.04469 | 1.0000 | 1.0000 | 1.0000 | 1.0000 |
| Share price end (USDC) | 1.08046 | 1.08046 | 1.08046 | 1.08046 | 1.08046 | 1.08046 |
| Period data availability | 8 days | 31 days | 77 days | 77 days | 77 days | 77 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-05-23 | 2026-05-23 | 2026-05-23 | 2026-05-23 |
| Period end | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 |
Xerberus risk rating
| Xerberus score | 52 / 100 |
|---|---|
| Assessment level | Protocol-level |
| Rated entity | Midas |
Technical Details
| Vault name | Morini CarryTradeUSDTRYLeverage Vault |
| Vault address | 0x2bf11d2e04bc40daa95c24b8b90ec4f5c57dd326 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999619 fetched |
| Share token | CarryTradeUSDTRYLeverage |
| Protocol | Midas |
| Homepage | View vault on protocol website |
| Current TVL | 13,587,957.068 USDC |
| Peak TVL | 13,587,957.068 USDC |
| Last share price | 1.08 USDC |
| Last updated | |
| Last updated block | 25,703,264 |
| Data refreshed at | |
| Data starts | 2026-05-23 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | midas_like |
| 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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