Farcaster

x Steakhouse Prime

The vault aims to optimize yields by lending USDC against blue chip crypto and real world asset RWA collateral markets depending on market conditions.

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

Steakhouse (incl. Prime) Vaults are designed to minimize volatility by programmatically allocating against highly-liquid assets. While Steakhouse Vaults are focused on established markets, no strategy eliminates risk entirely: extraordinary market events or tail risks may still drive sudden price movements and volatility in the underlying Morpho markets.

We encourage participants to review our Risk Documentation for a detailed explanation of how we assess market volatility and counterparty risk, and maintain robust safeguards. Further details on vault structures can be found on our Products page. Each depositor acknowledges having read and understood our Disclaimers. All Steakhouse Vaults are curated and operated by Carniceria Tropical SA.

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 bycbBTC 86% LLTV	70.6%	137.43k	137.43k	168.58M	90.06%	1B	100%	4.44%
USDCbacked bycbETH 77% LLTV	25%	48.66k	48.66k	1.58M	90.03%	200M	100%	4.44%
USDCbacked bywstETH 86% LLTV	4.41%	8579.25	8579.25	235.48k	90.07%	50M	100%	4.43%
USDCbacked bycbETH 86% LLTV	0%	0	0	170.35k	90.07%	20M	100%	4.32%
USDCbacked byWETH 86% LLTV	0%	0	0	10.35M	90.04%	200M	100%	4.43%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Date	Amount	Vault / Market
2026-10-06 02:45:49	+80 USDC+$79.99	USDCbacked bycbBTC 86% LLTV
2026-10-05 12:07:07	-30 USDC-$29.99	USDCbacked bycbBTC 86% LLTV
2026-10-05 09:04:49	-14.887 USDC-$14.88	USDCbacked bycbBTC 86% LLTV
2026-10-05 07:39:09	+1.103 USDC+$1.10	USDCbacked bycbBTC 86% LLTV
2026-10-05 07:03:03	+4 USDC+$3.99	USDCbacked bycbBTC 86% LLTV

User	Deposit	% of Deposits
	12,843.46 USDC$12.84k	6.59%
	8,784.09 USDC$8783.84	4.51%
	7,993.67 USDC$7993.45	4.10%
	7,786.01 USDC$7785.79	3.99%
	5,998.58 USDC$5998.41	3.08%

Date	Type	Amount
2026-10-06 02:45:49	Deposit	80 USDC$79.99
2026-10-05 12:07:07	Withdraw	30 USDC$29.99
2026-10-05 09:04:49	Withdraw	14.887 USDC$14.88
2026-10-05 07:39:09	Deposit	1.103 USDC$1.10
2026-10-05 07:03:03	Deposit	4 USDC$3.99
2026-10-04 21:29:05	Withdraw	1.16 USDC$1.16
2026-10-04 16:45:33	Withdraw	4.68 USDC$4.67
2026-10-04 16:44:59	Deposit	4.68 USDC$4.67
2026-10-04 12:18:27	Withdraw	0.911 USDC$0.91
2026-10-04 00:36:55	Deposit	0.49 USDC$0.48

User	Deposit	% of Deposits
	12,843.46 USDC$12.84k	6.59%
	8,784.09 USDC$8783.84	4.51%
	7,993.67 USDC$7993.45	4.10%
	7,786.01 USDC$7785.79	3.99%
	5,998.58 USDC$5998.41	3.08%

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

Farcasterx Steakhouse Prime

Overview

Allocation

Performance

Risk

Activity

Farcasterx Steakhouse Prime