- 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 | 47.0% | 44.7% | 44.7% | 44.7% | 44.7% |
| Performance fee Performance | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Management fee Management | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 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 | 28.4% | 34.6% | 34.6% | 34.6% | 34.6% |
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.
About Piku
This vault is curated by Piku.
Piku Finance brings global FX, arbitrage and carry opportunities on-chain through curated yield strategies.
About Midas
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 | #184 | #52 | #40 | #43 | #43 | #52 |
| Ranking on Ethereum | #100 | #8 | #6 | #8 | #8 | #6 |
| Ranking on Midas | #1 | #1 | #1 | #1 | #1 | #1 |
| CAGR (net) | 7.1% | 28.4% | 34.6% | 34.6% | 34.6% | 34.6% |
| CAGR (gross) | 77.5% | 47.0% | 44.7% | 44.7% | 44.7% | 44.7% |
| Returns (net) | 0.2% | 2.1% | 4.7% | 4.7% | 4.7% | 4.7% |
| Returns (gross) | 1.3% | 3.2% | 5.8% | 5.8% | 5.8% | 5.8% |
| Sharpe ratio | 17.90 | 14.15 | 14.79 | 14.79 | 14.79 | 14.79 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 5.1% | 4.3% | 4.5% | 4.5% | 4.5% | 4.5% |
| TVL low | $7.30M | $3.07M | $0.11 | $0.11 | $0.11 | $0.11 |
| TVL high | $12.77M | $12.77M | $12.77M | $12.77M | $12.77M | $12.77M |
| Share price start (USDC) | 1.04506 | 1.02534 | 1.0000 | 1.0000 | 1.0000 | 1.0000 |
| Share price end (USDC) | 1.05828 | 1.05828 | 1.05828 | 1.05828 | 1.05828 | 1.05828 |
| Period data availability | 9 days | 31 days | 57 days | 57 days | 57 days | 57 days |
| Period start | 2026-07-11 | 2026-06-18 | 2026-05-23 | 2026-05-23 | 2026-05-23 | 2026-05-23 |
| Period end | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 |
Technical Details
| Vault name | Morini CarryTradeUSDTRYLeverage Vault |
| Vault address | 0x2bf11d2e04bc40daa95c24b8b90ec4f5c57dd326 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999946 fetched |
| Share token | CarryTradeUSDTRYLeverage |
| Protocol | Midas |
| Homepage | View vault on protocol website |
| Current TVL | 12,774,490.4 USDC |
| Peak TVL | 12,774,490.4 USDC |
| Last share price | 1.058 USDC |
| Last updated | |
| Last updated block | 25,558,835 |
| 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 | --- |
| 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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