Turkish equity and single-stock-futures basis-trade strategy.

  • Deposits and withdrawals may be disabled for this vault
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Share token price

Other metrics

3M Sharpe
11.2
3M volatility
1.2%
Age
0.3 years
Maximum drawdown
0.0%
Xerberus risk
52 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 14.4% 13.9% 13.0% 13.0% 13.0%
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 0.5%0.5%0.5%0.5%0.5%
Net Net 7.6% 11.6% 10.9% 10.9% 10.9%

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 captures pricing discrepancies between Turkish cash equities and their single-stock-futures counterparts on Borsa Istanbul.

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.

View all Morini Capital vaults

Running on Midas protocol

This vault is running on Midas:

Tokenised real-world asset and yield products that publish their price on-chain.

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Xerberus logo

Xerberus risk rating

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Transaction status

Deposits Midas issuance and redemption use bespoke product vault contracts and eligibility checks
Redemptions Midas issuance and redemption use bespoke product vault contracts and eligibility checks

Notes

Morini StockMarketTRBasisTrade Vault is curated by Morini Capital, the curation arm of Piku Finance.

Summary: Morini Capital's strategy captures pricing discrepancies between Turkish cash equities and their single-stock-futures counterparts on Borsa Istanbul.

The published vault details are available on the Piku vault page. Morini provides a portfolio overview.

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#1067#372#222#251#160#212
Ranking on Ethereum#593#152#87#101#64#69
Ranking on Midas#7#3#2#2#3#3
CAGR (net)-10.3% 7.6% 11.6% 10.9% 10.9% 10.9%
CAGR (gross)16.5%14.4%13.9%13.0%13.0%13.0%
Returns (net)-0.2% 0.6% 2.7% 2.7% 2.7% 2.7%
Returns (gross)0.3%1.1%3.3%3.3%3.3%3.3%
Sharpe ratio10.0411.2411.2410.7710.7710.77
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%

Technical Details

Vault nameMorini StockMarketTRBasisTrade Vault
Vault address0x827ce7e8e35861d9ac7fe002755767b695a5594a
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000 fetched
Share tokenStockMarketTRBasisTrade
ProtocolMidas
HomepageView vault on protocol website
Current TVL5,839,649.034 USDC
Peak TVL5,893,040.304 USDC
Last share price1.033 USDC
Last updated
Last updated block25,847,864
Data refreshed at
Data starts2026-05-23 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featuresmidas_like
Flags---
Whitelist statusUnknown
Deposit statusMidas issuance and redemption use bespoke product vault contracts and eligibility checks
Redemption statusMidas issuance and redemption use bespoke product vault contracts and eligibility checks

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