Piku

Today, Piku Finance launches three new tokenized vaults, all issued by @MoriniCapital on Ethereum.

Each provides on-chain access to a different regulated yield strategy:

• Morini aFXArbUSDTRY provides tokenized access to Balsa Market Making Fund (BMMF), a delta-neutral market-making fund in the Turkish crypto market.
• Morini StockMarketTRBasisTrade provides access to a regulated Delta-Neutral Basis Trade arbitrage strategy on Borsa Istanbul equities.
• Morini CarryTradeUSDTRYLeverage provides access to a regulated Turkish Lira leveraged carry trade strategy.

This is the most material product expansion since USP. 🧵

Most onchain yield moves with crypto. This one doesn’t.

@MoriniCapital's regulated, delta-neutral basis trade vault is now on @turtledotxyz: paid in USDC, positive every month since launch.

How the partnership works 👇
piku.co/blog/delta-neu…

What delta-neutral is actually for.

BIST 100 fell 25.6% in seven weeks. The @MoriniCapital's basis trade vault rose every week.

A case study. x.com/i/article/2120…

currently @nine_summits piku vault on @Morpho

Piku TVL crossed $25M and now sits at $26.23M.

Thank you to everyone allocating to regulated emerging-market strategies onchain.