• Deposits and withdrawals may be disabled for this vault

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

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Share token price

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

Other metrics

3M Sharpe
14.5
3M volatility
1.3%
Age
0.2 years
Maximum drawdown
0.0%
Protocol Technical Risk
Lockup period
Unknown
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 15.1% 12.5% 12.5% 12.5% 12.5%
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 8.9% 9.8% 9.8% 9.8% 9.8%

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.

Notes

Morini StockMarketTRBasisTrade Vault is a Piku Finance vault managed by Morini Capital.

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

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.

View all Piku vaults

Running on Midas protocol

This vault is running on Midas:

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

View all Midas vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#893#160#152#142#155#173
Ranking on Ethereum#541#76#64#65#70#73
Ranking on Midas#20#3#2#2#4#6
CAGR (net)-18.8% 8.9% 9.8% 9.8% 9.8% 9.8%
CAGR (gross)5.5%15.1%12.5%12.5%12.5%12.5%
Returns (net)-0.4% 0.8% 2.0% 2.0% 2.0% 2.0%
Returns (gross)0.1%1.3%2.5%2.5%2.5%2.5%
Sharpe ratio14.2713.5814.5214.5214.5214.52
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%
Volatility0.4%1.2%1.3%1.3%1.3%1.3%
TVL low$5.26M$4.83M$0.11$0.11$0.11$0.11
TVL high$5.47M$5.47M$5.47M$5.47M$5.47M$5.47M
Share price start (USDC)1.023691.011821.00001.00001.00001.0000
Share price end (USDC)1.024741.024741.024741.024741.024741.02474
Period data availability8 days34 days77 days77 days77 days77 days
Period start2026-07-312026-07-082026-05-232026-05-232026-05-232026-05-23
Period end2026-08-072026-08-072026-08-072026-08-072026-08-072026-08-07
Xerberus
52

Xerberus risk rating

Xerberus score 52 / 100
Assessment levelProtocol-level
Rated entityMidas

Technical Details

Vault nameMorini StockMarketTRBasisTrade Vault
Vault address0x827ce7e8e35861d9ac7fe002755767b695a5594a
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999717 fetched
Share tokenStockMarketTRBasisTrade
ProtocolMidas
HomepageView vault on protocol website
Current TVL5,394,508.526 USDC
Peak TVL5,471,523.881 USDC
Last share price1.025 USDC
Last updated
Last updated block25,704,764
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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