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 (WETH)	Liquidity (WETH)	Underlying Liquidity (WETH)	Supply Cap	APY	Utilization
WETHbacked bywstETH 96.5% LLTV	11.26k	5847.33	5847.33	$1.3B	1.56%	85.54%
WETHbacked bywstETH 94.5% LLTV	346.09	346.09	2643.92	$1.3B	1.41%	82.99%
WETHbacked bycbBTC 91.5% LLTV	24.42	2.45	2.45	$26.04M	1.72%	90.01%
WETHbacked byWBTC 91.5% LLTV	0	0	12.14	$26.04M	0.88%	86.11%
WETHbacked bycbBTC 91.5% LLTV	0	0	51.66	$26.04M	0.01%	30.91%
WETHIdle Liquidity	0	0	-	-	-	-
WETHbacked byWBTC 91.5% LLTV	0	0	< 0.01	$26.04M	0.78%	91.09%

Date	Allocator	Amount	Market
2026-09-16 15:37:47		+0.0002 WETH+$0.55	WETHbacked bywstETH 94.5% LLTV
2026-09-16 15:37:47		+358.4475 WETH+$936.86k	WETHbacked bywstETH 96.5% LLTV
2026-09-16 15:37:47		+2.4572 WETH+$6422.49	WETHbacked bycbBTC 91.5% LLTV
2026-09-16 15:37:47		-360.905 WETH-$943.28k	WETHbacked bywstETH 94.5% LLTV
2026-09-16 15:37:11	Public Allocator	+208.8888 WETH+$545.96k	WETHbacked bywstETH 96.5% LLTV

User	Deposit	% of Deposits
	5,209.23 WETH$13.61M	44.78%
	2,733.28 WETH$7.14M	23.49%
	1,883.24 WETH$4.92M	16.18%
	720.895 WETH$1.88M	6.19%
	296.6231 WETH$775.27k	2.54%

Date	Type	Amount
2026-09-19 01:29:59	Vault Deposit	0.0265 WETH$69.33
2026-09-19 00:31:47	Vault Withdraw	150.5329 WETH$393.05k
2026-09-18 13:33:23	Vault Withdraw	0.2734 WETH$713.98
2026-09-18 05:07:23	Vault Withdraw	0.2792 WETH$729.14
2026-09-17 23:55:59	Vault Withdraw	< 0.0001 WETH$0.01
2026-09-17 23:54:23	Vault Withdraw	1.705 WETH$4452.08
2026-09-17 23:09:35	Vault Withdraw	1.2152 WETH$3173.01
2026-09-17 21:52:23	Vault Deposit	0.0093 WETH$24.46
2026-09-17 21:52:23	Vault Withdraw	0.0103 WETH$27.03
2026-09-17 15:20:35	Vault Withdraw	0.6409 WETH$1673.61

Date	Allocator	Amount	Market
2026-09-16 15:37:47		+0.0002 WETH+$0.55	WETHbacked bywstETH 94.5% LLTV
2026-09-16 15:37:47		+358.4475 WETH+$936.86k	WETHbacked bywstETH 96.5% LLTV
2026-09-16 15:37:47		+2.4572 WETH+$6422.49	WETHbacked bycbBTC 91.5% LLTV
2026-09-16 15:37:47		-360.905 WETH-$943.28k	WETHbacked bywstETH 94.5% LLTV
2026-09-16 15:37:11	Public Allocator	+208.8888 WETH+$545.96k	WETHbacked bywstETH 96.5% LLTV

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

SteakhouseETH

Overview

Allocation

Performance

Risk

Activity

SteakhouseETH