June 2026
mGLO Transparency Report
By Delta Y
Highlights
mGLO is a USD-denominated Liquid Yield Token tracking the Global Diversified Alternative Debt Strategy, managed by Fasanara. The vault was deployed on June 15, 2026, with regular price updates beginning on June 16, 2026, and data on protocols' allocations available since June 24, 2026.
During June 2026, mGLO's AUM increased from $0.00 to $36.40. The inception-to-date return (net of fees) now amounts to 0.00% annualized.
Other relevant indicators can be seen in Table 1 below:
May 20261 2 | Jun 2026 (Δ) | |
|---|---|---|
Avg. NAV | N/A | $21.92 (N/A) |
Avg. APY | N/A | 0.00% N/A |
Avg. Leverage | N/A | 1.00x (N/A) |
Net Deposits | N/A | $10.78 (N/A) |
1 The vault was deployed on Jun 15, 2026.
2 The vault's regular price updates began on Jun 16, 2026.
Performance
mGLO reached a price of $1.0000 in its latest oracle update, reflecting a 0.00% return for the month of June. The trailing (7 days minimum) APY peaked at 0.00% during this period, with a minimum of 0.00%.
Table 2displays the vault's performance against other comparable yield strategies:
May 20261 2 | Jun 2026 | |
|---|---|---|
mGLO sUSDe | mGLO sUSDe | |
Avg. APY | N/A N/A | 0.00% 3.86% |
Std. Dev. APY | N/A N/A | N/A 0.30% |
Sharpe Ratio 3 | N/A N/A | N/A 0.84 |
1 The vault was deployed on Jun 15, 2026.
2 The vault's regular price updates began on Jun 16, 2026.
3 Considered the 30D Avg. Secured Overnight Financing Rate (SOFR) as the risk-free rate for calculation purposes.
Activity
During June 2026, the vault processed $11.78 in deposits and $1.00 in withdrawals, resulting in $10.78 of net deposits over a total of 15 transactions. As of period end, the mGLO vault had 4 holder addresses.
Other relevant indicators can be seen in Table 3 below:
May 20261 2 | Jun 2026 (Δ) | |
|---|---|---|
Deposits | N/A | $11.78 (N/A) |
Withdrawals | N/A | $1.00 (N/A) |
Net Deposits | N/A | $10.78 (N/A) |
Avg. Holders NAV | N/A | $3.35 (N/A) |
Median Holders NAV | N/A | $4.00 (N/A) |
1 The vault was deployed on Jun 15, 2026.
2 The vault's regular price updates began on Jun 16, 2026.
Disclosures
Security: Midas smart contracts have been audited by Sherlock and Côme du Crest. Onchain transactions are secured via multi-sig / MPC wallets (e.g., Fordefi, Fireblocks).
Fees: Midas vaults may be subject to management and performance fees, which are automatically deducted and reflected in net returns.
Accounting: mGLO's price is updated periodically onchain. Price increases stepwise rather than reflecting real-time mark-to-market.
Risks: Smart contract risk (potential total loss), market risk (depegs, rate volatility), and counterparty risk (centralized components in some protocols).
Data Sources: Unless otherwise stated, all data presented in the report is obtained from on-chain sources. Any supplementary sources are explicitly noted where applicable.
Disclaimer
This report is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information contained herein is not an offer to sell or a solicitation of an offer to buy any security, nor shall any securities be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful.
Investing in decentralized finance (DeFi) products, including mGLO, involves significant risks, including but not limited to smart contract vulnerabilities, market volatility, and regulatory uncertainty. Past performance is not indicative of future results, and investors may lose some or all of their principal.
The data and analyses presented in this report are based on information believed to be reliable, but their accuracy, completeness, and timeliness are not guaranteed. The strategies and allocations described are subject to change without notice. All investment decisions should be made with the help of a qualified professional and based on your own research and risk tolerance.