Leveraged TRY carry trade
This vault provides access to a regulated Turkish Lira leveraged carry trade strategy. The strategy captures the overnight interest rate of Turkish Lira and trades the mispricing of USD TRY futures. The underlying vehicle is a CMB (Turkey's SEC; SPK in Turkish) regulated fund with ISIN Number: TRYTALP00127
APY
56.53%
Price
$
Integrations
TVL
$ 16,847,572
Next redemption date 30.08.2026
Chain
Ethereum
Max Capacity
100,000,000 USDC
Deposit Tokens
...
Share Token
...
Performance Fee
10.00%
Management Fee
0.00%
Redemption Fee
0.00%
Redemption Period
2 days
Rewards
PIKU
Strategy Details
TRY leveraged carry capturing overnight rates and USD/TRY futures mispricings. Executed via FPGA-based high-frequency infrastructure across Borsa İstanbul (BIST), VIOP, and OTC FX/money markets. Underlying fund is unhedged TRY with CMB (Turkey's SEC; SPK in Turkish)-permitted leverage applied.
Redemption Details
Redemptions will be processes every 2 days on Turkish business days with T+2 settlement at the fund level, subject to local public holidays.
Transferability
Fully transferable token, no restrictions.
Custody & Security
All operational flows pass through Fireblocks, where MPC-based key management, automated policy controls, whitelisting, and multi-approver rules minimize risk.
Morini Capital