• 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
16.1
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 13.5% 11.8% 11.8% 11.8% 11.8%
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 0.5%0.5%0.5%0.5%0.5%
Net Net 6.8% 8.2% 8.2% 8.2% 8.2%

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.

About 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

About Midas

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#831#239#186#170#199#223
Ranking on Ethereum#506#126#85#82#95#103
Ranking on Midas#9#4#3#3#8#10
CAGR (net)-10.8% 6.8% 8.2% 8.2% 8.2% 8.2%
CAGR (gross)15.8%13.5%11.8%11.8%11.8%11.8%
Returns (net)-0.2% 0.5% 1.2% 1.2% 1.2% 1.2%
Returns (gross)0.3%1.0%1.7%1.7%1.7%1.7%
Sharpe ratio18.9117.5516.1516.1516.1516.15
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%
Volatility1.1%1.2%1.3%1.3%1.3%1.3%
TVL low$5.04M$2.29M$0.11$0.11$0.11$0.11
TVL high$5.21M$5.21M$5.21M$5.21M$5.21M$5.21M
Share price start (USDC)1.014371.006691.00001.00001.00001.0000
Share price end (USDC)1.017231.017231.017231.017231.017231.01723
Period data availability8 days31 days57 days57 days57 days57 days
Period start2026-07-112026-06-182026-05-232026-05-232026-05-232026-05-23
Period end2026-07-182026-07-182026-07-182026-07-182026-07-182026-07-18

Technical Details

Vault nameMorini StockMarketTRBasisTrade Vault
Vault address0x827ce7e8e35861d9ac7fe002755767b695a5594a
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999946 fetched
Share tokenStockMarketTRBasisTrade
ProtocolMidas
HomepageView vault on protocol website
Current TVL5,214,757.051 USDC
Peak TVL5,214,757.051 USDC
Last share price1.017 USDC
Last updated
Last updated block25,558,835
Data refreshed at
Data starts2026-05-23 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featuresmidas_like
Flags---
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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