Overview

Allocation

Performance

Returns

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

Risk Curation

Activity

User Distribution

All Transactions

Market Exposure	Vault Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Supply Cap	APY	Utilization
USDCbacked bycbBTC 86% LLTV	36.95M	36.95M	38.24M	$999.82M	4.06%	88.89%
USDCbacked bysteakEURCV 91.5% LLTV	12.25M	1.36M	1.36M	$24.99M	4.17%	89.41%
USDCbacked byWBTC 86% LLTV	7.96M	7.96M	14.29M	$199.96M	4.06%	88.69%
USDCbacked bywstETH 86% LLTV	4.37M	1.01M	1.01M	$199.96M	4.17%	89.97%
USDCbacked bywstETH 86% LLTV	4.02M	3.12M	3.12M	$199.96M	4.17%	90.02%
USDCbacked byweETH 86% LLTV	1.74M	237.84k	237.84k	$99.98M	4.17%	89.31%
USDCbacked bycbBTC 86% LLTV	355.33k	58.83k	58.83k	$999.82M	4.07%	90.91%
USDCbacked byWBTC 86% LLTV	220.74k	201.89k	201.89k	$199.96M	4.17%	89.77%
USDCbacked byWETH 86% LLTV	181.41k	181.41k	564.77k	$199.96M	4.06%	89.12%
USDCbacked byweETH 77% LLTV	112.88k	112.08k	112.08k	$19.99M	4.43%	90.76%

Date	Amount	Market
2026-09-18 21:04:59	+6.265 USDC+$6.26	USDCbacked byWBTC 86% LLTV
2026-09-18 21:04:59	-1.121 USDC-$1.12	USDCbacked bycbBTC 86% LLTV
2026-09-18 21:04:59	-0.381 USDC-$0.38	USDCbacked bysteakEURCV 91.5% LLTV
2026-09-18 21:04:59	-0.136 USDC-$0.13	USDCbacked bywstETH 86% LLTV
2026-09-18 21:04:59	-0.054 USDC-$0.05	USDCbacked byweETH 86% LLTV

User	Deposit	% of Deposits
	29,427,535.89 USDC$29.42M	43.14%
	4,131,627.31 USDC$4.13M	6.05%
	2,987,747.26 USDC$2.98M	4.38%
	2,391,011.87 USDC$2.39M	3.50%
	1,628,006.41 USDC$1.62M	2.38%

Date	Type	Amount
2026-09-18 20:46:11	Vault Deposit	50,325.28 USDC$50.31k
2026-09-18 20:11:59	Vault Deposit	7,490 USDC$7488.65
2026-09-18 18:46:47	Vault Deposit	731.318 USDC$731.18
2026-09-18 18:45:35	Vault Withdraw	153.104 USDC$153.07
2026-09-18 18:45:35	Vault Withdraw	52.021 USDC$52.01
2026-09-18 17:59:47	Vault Withdraw	868.364 USDC$868.20
2026-09-18 17:55:47	Vault Withdraw	1.943 USDC$1.94
2026-09-18 17:13:47	Vault Withdraw	782.105 USDC$781.96
2026-09-18 16:29:47	Vault Withdraw	6,056.54 USDC$6055.45
2026-09-18 16:18:11	Vault Withdraw	16,609.56 USDC$16.60k

Date	Amount	Market
2026-09-18 21:04:59	+6.265 USDC+$6.26	USDCbacked byWBTC 86% LLTV
2026-09-18 21:04:59	-1.121 USDC-$1.12	USDCbacked bycbBTC 86% LLTV
2026-09-18 21:04:59	-0.381 USDC-$0.38	USDCbacked bysteakEURCV 91.5% LLTV
2026-09-18 21:04:59	-0.136 USDC-$0.13	USDCbacked bywstETH 86% LLTV
2026-09-18 21:04:59	-0.054 USDC-$0.05	USDCbacked byweETH 86% LLTV

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

SteakhouseUSDC

Overview

Allocation

Performance

Risk

Activity

SteakhouseUSDC