9Summits

Piku Ecosystem USDC

The Piku USDC vault allows lenders to deploy USDC with exposure to Piku Ecosystem Vaults markets.

Overview

Vault Configuration

Allocation

Exposure

Performance

Returns

Instant APY

7D APY

30D APY

90D APY

Fees

Performance fee

Management fee

Performance fee recipient

Management fee recipient

Risk

Risk Disclosures

You are exposed to the Piku ecosystem, and you bear its risk.
The vault deploys USDC into "Piku Ecosystem Vaults" markets on Morpho. Your USDC is supplied against collateral that is itself a share of a Morini strategy vault. 9Summits curates and optimises liquidity on those markets; we do not control or guarantee the underlying strategies.

The collateral is non-liquid and priced off NAV.
The collateral is made of strategy vault shares (Morini CarryTradeUSDTRYLeverage, StockMarketTRBasisTrade, FXArbUSDTRY, USP). Morpho's oracle prices these off the underlying strategy's net asset value, not a live traded market price. There is no deep secondary market to exit these positions quickly. If a strategy's NAV falls, the price the protocol sees falls with it.

Redemption risk.
Underlying strategy vaults may restrict, delay, or freeze redemptions, in some cases without immediately marking down NAV. If redemptions freeze, the vault cannot exit those markets on demand, and the liquidity available to withdrawing depositors is limited to what remains liquid.

No principal protection. No guaranteed yield.
APY is variable, reflects current market conditions, and can fall. This vault does not guarantee your principal or any stated yield against strategy or market loss.

Ratings

Vault Roles

Risk Curation

Timelocks

Activity

User Distribution

All Transactions

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV	100%	657.75k	245.29k	245.29k	87.97%	5M	100%	10.00%
USDCbacked byaFXArbUSDTRY 86% LLTV	0%	0	0	< 0.01	0.00%	2M	100%	0.00%
USDCbacked byStockMarketTRBasisTrade 86% LLTV	0%	0	0	84.2k	80.83%	2M	100%	6.47%
USDCbacked byUSP 86% LLTV	0%	0	0	46.42k	64.53%	2M	100%	4.69%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Date	Amount	Vault / Market
2026-10-07 16:42:23	-224.94 USDC-$224.87	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-10-07 12:22:23	+1,000 USDC+$999.70	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-10-07 05:06:59	+2,197.74 USDC+$2197.10	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-10-06 20:17:59	+3,434 USDC+$3433.00	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-10-06 03:55:23	+7 USDC+$6.99	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV

User	Deposit	% of Deposits
	150,545.12 USDC$150.50k	22.88%
	144,281.78 USDC$144.23k	21.93%
	109,736.09 USDC$109.70k	16.68%
	50,341.4 USDC$50.32k	7.65%
	28,293.15 USDC$28.28k	4.30%

Date	Type	Amount
2026-10-07 16:42:23	Withdraw	224.94 USDC$224.87
2026-10-07 12:22:23	Deposit	1,000 USDC$999.70
2026-10-07 05:06:59	Deposit	2,197.74 USDC$2197.10
2026-10-06 20:17:59	Deposit	3,434 USDC$3433.00
2026-10-06 03:55:23	Deposit	7 USDC$6.99
2026-10-05 13:00:47	Withdraw	450 USDC$449.86
2026-10-05 08:15:23	Withdraw	5.049 USDC$5.04
2026-10-05 08:13:11	Deposit	5.049 USDC$5.04
2026-10-05 06:27:23	Deposit	8,368.05 USDC$8365.62
2026-10-05 06:04:59	Deposit	8,784.11 USDC$8781.56

User	Deposit	% of Deposits
	150,545.12 USDC$150.50k	22.88%
	144,281.78 USDC$144.23k	21.93%
	109,736.09 USDC$109.70k	16.68%
	50,341.4 USDC$50.32k	7.65%
	28,293.15 USDC$28.28k	4.30%

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

9SummitsPiku Ecosystem USDC

Overview

Allocation

Performance

Risk

Activity

9SummitsPiku Ecosystem USDC