Steakhouse Prime Instant V2 USDC is a Morpho Vault V2 on Ethereum that deploys USDC into the Steakhouse USDC V1 vault via a MetaMorpho adapter. The V1 vault lends USDC against blue-chip crypto collateral (cbBTC, WBTC, wstETH) through Morpho Blue markets. Yield comes from overcollateralized borrower interest payments. The V2 vault features DAO governance, per-function timelocks, and an immutable ERC4626 contract.
This rating is based solely on publicly available information. DeFi protocol risk assessed across Security, Strategy and Operations on the AAA–D scale. The range from BB- to A reflects the gap between the current assessment and the potential rating achievable if all identified improvement areas are addressed.
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