Overview

Allocation

Performance

Returns

Risk

Risk Disclosures

Steakhouse High Yield (incl. Smokehouse) Vaults are designed to provide higher risk-adjusted returns through exposure to a wider range of collateral. This approach may expose depositors to greater volatility or liquidity constraints. Although ongoing monitoring and dynamic asset allocation aims to mitigate large drawdowns, rapid shifts in market sentiment could still trigger liquidations or short-lived liquidity disruptions.

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 bymF-ONE 91.5% LLTV	4.47M	2.11M	2.11M	$29.98M	9.32%	91.78%
USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV	3.02M	3.02M	9.1M	$9.99M	9.28%	90.86%
USDCbacked bywFalconX 91.5% LLTV	2.94M	2.21M	2.21M	$9.99M	5.68%	90.36%
USDCbacked byAA_FalconXUSDC 77% LLTV	1.28M	1.28M	2.82M	$29.98M	9.35%	92.04%
USDCbacked byPT-sUSDS-26NOV2026 91.5% LLTV	978.22k	978.22k	1.62M	$9.99M	4.22%	90.00%
USDCbacked bysteakEURCV 91.5% LLTV	480.21k	480.21k	1.12M	$9.99M	5.63%	91.04%
USDCbacked bywstETH 86% LLTV	239.48k	239.48k	860.85k	$49.97M	5.62%	91.09%
USDCbacked byweETH 77% LLTV	111.68k	95.76k	95.76k	$19.99M	5.78%	92.00%
USDCbacked byweETH 86% LLTV	19.16k	19.16k	127.27k	$19.99M	5.92%	91.30%
USDCbacked byTSLAon 62.5% LLTV	87.45	8.97	8.97	$4.99M	6.02%	91.31%

Date	Allocator	Amount	Market
2026-09-17 14:04:59	Public Allocator	+362,226.55 USDC+$362.08k	USDCbacked byPT-sUSDS-26NOV2026 91.5% LLTV
2026-09-17 14:04:59	Public Allocator	-362,226.55 USDC-$362.08k	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-17 14:03:47		+1.569 USDC+$1.56	USDCbacked byPT-sUSDS-26NOV2026 91.5% LLTV
2026-09-17 14:03:47		+233,690.88 USDC+$233.60k	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-17 14:03:47		+201,530.38 USDC+$201.45k	USDCbacked byAA_FalconXUSDC 77% LLTV

User	Deposit	% of Deposits
	3,364,119.43 USDC$3.36M	24.82%
	1,595,244.94 USDC$1.59M	11.77%
	977,249.6 USDC$976.86k	7.21%
	748,075.36 USDC$747.78k	5.52%
	551,229.88 USDC$551.01k	4.06%

Date	Type	Amount
2026-09-17 09:46:59	Vault Withdraw	1 USDC$0.99
2026-09-17 09:46:47	Vault Deposit	1 USDC$0.99
2026-09-17 09:12:11	Vault Deposit	17,947.32 USDC$17.93k
2026-09-17 09:12:11	Vault Withdraw	17,949.04 USDC$17.94k
2026-09-17 08:58:23	Vault Deposit	87.897 USDC$87.85
2026-09-17 08:58:23	Vault Withdraw	97.221 USDC$97.17
2026-09-17 08:47:35	Vault Withdraw	1 USDC$0.99
2026-09-17 08:47:23	Vault Deposit	1 USDC$0.99
2026-09-17 08:10:47	Vault Deposit	47.385 USDC$47.36
2026-09-17 07:40:23	Vault Withdraw	47.385 USDC$47.36

User	Deposit	% of Deposits
	3,364,119.43 USDC$3.36M	24.82%
	1,595,244.94 USDC$1.59M	11.77%
	977,249.6 USDC$976.86k	7.21%
	748,075.36 USDC$747.78k	5.52%
	551,229.88 USDC$551.01k	4.06%

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

SmokehouseUSDC

Overview

Allocation

Performance

Risk

Activity

SmokehouseUSDC