morpho
Morpho Steakhouse Ethena USDtb
Morpho · Vault · Ethereum

Morpho Steakhouse Ethena USDtb 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
$816k
Net APY
7.57%
Active Users
15
Type
Vault
Network
Ethereum
Performance
Assets Under Management · 30D▼ 30.46%
$816k
Over the last 30 days, the total value of Morpho Steakhouse Ethena USDtb has dropped 30.46% with $357.54K in outflows.
Net APY · 30D▲ 113.24%
7.57%
Over the last 30 days, the APY has increased from 3.55% to 7.57%.
Active Users · 30D▲ 7.14%
15
Over the last 30 days, active users have increased by 7.14%, reaching 15 wallets.
Vault StrategySource: vaults.fyi · Updated Nov 4, 2026
Deployed100%
Markets1
Wtd APY6.94%
Other collateral100.0%
TapClick a tile for market details
Deployed100%
Active markets1
Largest marketsUSDe / USDtb · 100.0%
LLTV range91.5%
Market utilization89.6%
Weighted supply APY6.94%

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.

sUSDe
sUSDe / USDtb
100.00%$816.34k of vault deposits
Supply APY6.94%
APY contribution6.94%
Utilization89.6%
LLTV91.5%
Liq. penalty2.61%
Market size$891.83k
Market ID0x88a1...e742
Contract Addresses (1)
Smart Contract0xBeEF...C6F4E2

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