morpho
Morpho Steakhouse USDC
Morpho · Vault · Base

Morpho Steakhouse USDC DeFi Yield & Risk Rating

Morpho Vaults allocate deposits to underlying Morpho lending markets. A vault "curator" is responsible for setting the allocations of each vault and setting risk parameters on each underlying market.

AUM
$112m
Net APY
3.72%
Active Users
63k
Type
Vault
Network
Base
Performance
Assets Under Management · 30D▼ 9.38%
$112m
Over the last 30 days, the total value of Morpho Steakhouse USDC has dropped 9.38% with $11.56M in outflows.
Net APY · 30D▲ 14.81%
3.72%
Over the last 30 days, the APY has increased from 3.24% to 3.72%.
Active Users · 30D▲ 1.08%
63k
Over the last 30 days, active users have increased by 1.08%, reaching 63.1K wallets.
Vault StrategySource: vaults.fyi · Updated Nov 4, 2026
Deployed100%
Markets4
Wtd APY4.83%
BTC collateral94.4%ETH collateral5.6%
TapClick a tile for market details
Deployed100%
Active markets4
Largest marketcbBTC / USDC · 94.4%
Top 3 markets99.9%
LLTV range77% – 86%
Market utilization90% – 90.3%
Weighted supply APY4.83%

Weighted supply APY is the live lending rate across the vault's markets, before the vault fee, so it can differ from the Net APY above.

cbBTC
cbBTC / USDC
94.39%$105.38m of vault deposits
Supply APY4.82%
APY contribution4.55%
Utilization90.0%
LLTV86%
Liq. penalty4.38%
Market size$1.81b
Market ID0x9103...1836
Contract Addresses (1)
Smart Contract0xbeeF...228183

Get the full picture today

Request the full rating report and gain access to unparalleled rating data & information.

Institutional-Grade Research Delivered to Your Inbox

In-Depth Research ReportsIn-depth analysis on staking protocols and yield strategies
Risk Assessment ReportsComprehensive risk evaluations for capital allocators

Join 12,000 institutional allocators worldwide. No spam, unsubscribe anytime.

Institutional Research Reports