Steakhouse

Prime USDT

The Steakhouse Prime Instant USDT vault aims to optimize yields by lending USDT 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 (USDT)	Liquidity (USDT)	Underlying Liquidity (USDT)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDTbacked bywstETH 86% LLTV	52.66%	33.53M	33.53M	35.11M	77.26%	1B	100%	2.50%
USDTbacked byWBTC 86% LLTV	34.7%	22.1M	22.1M	23.19M	77.16%	500M	100%	2.50%
USDTbacked bysUSDS 96.5% LLTV	4.67%	2.97M	2.97M	3.19M	77.55%	500M	100%	2.50%
USDTbacked bycbBTC 86% LLTV	4.44%	2.82M	2.82M	4.11M	79.24%	100M	100%	2.61%
USDTbacked byWBTC 86% LLTV	2.26%	1.43M	1.43M	1.48M	79.11%	500M	100%	2.61%
USDTbacked bywstETH 86% LLTV	0.76%	484.08k	484.08k	695.97k	79.46%	1B	100%	2.61%
USDTbacked byXAUt 77% LLTV	0.51%	324.23k	324.23k	819.5k	75.64%	10M	100%	3.13%
USDTbacked byweETH 77% LLTV	0%	0.08	0.08	0.18	83.67%	20M	100%	2.51%
USDTbacked bycbBTC 86% LLTV	0%	< 0.01	< 0.01	67.99k	90.12%	100M	100%	2.52%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Date	Amount	Vault / Market
2026-10-05 21:39:23	+0.088 USDT+$0.08	USDTbacked byweETH 77% LLTV
2026-10-05 21:39:23	+77,444.27 USDT+$77.44k	USDTbacked bysUSDS 96.5% LLTV
2026-10-05 21:39:23	+324,232.98 USDT+$324.21k	USDTbacked byXAUt 77% LLTV
2026-10-05 21:39:23	+484,076.49 USDT+$484.05k	USDTbacked bywstETH 86% LLTV
2026-10-05 21:39:23	+1,013,612.23 USDT+$1.01M	USDTbacked byWBTC 86% LLTV

User	Deposit	% of Deposits
	27,773,717.79 USDT$27.77M	43.61%
	18,540,539.6 USDT$18.53M	29.11%
	3,078,217.47 USDT$3.07M	4.83%
	3,038,574.6 USDT$3.03M	4.77%
	1,470,655.91 USDT$1.47M	2.30%

Date	Type	Amount
2026-10-05 21:14:11	Deposit	8,487.98 USDT$8487.53
2026-10-05 19:59:11	Deposit	409.725 USDT$409.70
2026-10-05 19:59:11	Withdraw	424.727 USDT$424.70
2026-10-05 19:44:59	Withdraw	80,744.55 USDT$80.74k
2026-10-05 19:36:23	Withdraw	1,812.27 USDT$1812.17
2026-10-05 19:24:47	Withdraw	100,051.95 USDT$100.04k
2026-10-05 17:55:23	Withdraw	3,034.24 USDT$3034.08
2026-10-05 17:23:59	Withdraw	100,893.58 USDT$100.88k
2026-10-05 17:01:47	Deposit	0.443 USDT$0.44
2026-10-05 17:01:47	Withdraw	0.797 USDT$0.79

Markets	Allocation (%)	Allocation (USDT)	Liquidity (USDT)	Underlying Liquidity (USDT)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDTbacked bywstETH 86% LLTV	52.66%	33.53M	33.53M	35.11M	77.26%	1B	100%	2.50%
USDTbacked byWBTC 86% LLTV	34.7%	22.1M	22.1M	23.19M	77.16%	500M	100%	2.50%
USDTbacked bysUSDS 96.5% LLTV	4.67%	2.97M	2.97M	3.19M	77.55%	500M	100%	2.50%
USDTbacked bycbBTC 86% LLTV	4.44%	2.82M	2.82M	4.11M	79.24%	100M	100%	2.61%
USDTbacked byWBTC 86% LLTV	2.26%	1.43M	1.43M	1.48M	79.11%	500M	100%	2.61%
USDTbacked bywstETH 86% LLTV	0.76%	484.08k	484.08k	695.97k	79.46%	1B	100%	2.61%
USDTbacked byXAUt 77% LLTV	0.51%	324.23k	324.23k	819.5k	75.64%	10M	100%	3.13%
USDTbacked byweETH 77% LLTV	0%	0.08	0.08	0.18	83.67%	20M	100%	2.51%
USDTbacked bycbBTC 86% LLTV	0%	< 0.01	< 0.01	67.99k	90.12%	100M	100%	2.52%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

SteakhousePrime USDT

Overview

Allocation

Performance

Risk

Activity

SteakhousePrime USDT