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 (PYUSD)	Liquidity (PYUSD)	Underlying Liquidity (PYUSD)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
PYUSDbacked byPAXG 77% LLTV	46.76%	145.22k	18.01k	18.01k	89.30%	10M	100%	5.66%
PYUSDbacked bywstETH 86% LLTV	39.76%	123.49k	17.85k	17.85k	87.98%	100M	100%	5.61%
PYUSDbacked byWBTC 86% LLTV	13.48%	41.87k	4168.53	4168.53	90.04%	10M	100%	5.62%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Date	Amount	Vault / Market
2026-09-16 03:10:47	+500.594 PYUSD+$500.35	PYUSDbacked byWBTC 86% LLTV
2026-09-16 03:10:47	+4,773.08 PYUSD+$4770.82	PYUSDbacked bywstETH 86% LLTV
2026-09-16 03:10:47	-5,273.68 PYUSD-$5271.18	PYUSDbacked byPAXG 77% LLTV
2026-09-16 02:42:35	+8,004.15 PYUSD+$8000.36	PYUSDbacked byPAXG 77% LLTV
2026-09-15 21:27:23	+389.719 PYUSD+$389.53	PYUSDbacked byPAXG 77% LLTV

User	Deposit	% of Deposits
	62,460.38 PYUSD$62.43k	20.10%
	50,042.71 PYUSD$50.01k	16.11%
	32,978.06 PYUSD$32.96k	10.61%
	21,232.78 PYUSD$21.22k	6.83%
	20,563.82 PYUSD$20.55k	6.62%

Date	Type	Amount
2026-09-16 02:42:35	Deposit	8,004.15 PYUSD$8000.36
2026-09-15 21:27:23	Deposit	389.719 PYUSD$389.53
2026-09-15 13:02:59	Withdraw	78 PYUSD$77.96
2026-09-15 06:21:35	Deposit	170.902 PYUSD$170.82
2026-09-14 19:26:47	Deposit	8,632.17 PYUSD$8628.08
2026-09-13 08:53:23	Deposit	10,000 PYUSD$9995.26
2026-09-13 05:17:47	Deposit	2,797.28 PYUSD$2795.95
2026-09-13 03:44:23	Deposit	2,537.79 PYUSD$2536.59
2026-09-13 00:58:23	Deposit	49.994 PYUSD$49.97
2026-09-12 10:24:11	Withdraw	109.8 PYUSD$109.74

Markets	Allocation (%)	Allocation (PYUSD)	Liquidity (PYUSD)	Underlying Liquidity (PYUSD)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
PYUSDbacked byPAXG 77% LLTV	46.76%	145.22k	18.01k	18.01k	89.30%	10M	100%	5.66%
PYUSDbacked bywstETH 86% LLTV	39.76%	123.49k	17.85k	17.85k	87.98%	100M	100%	5.61%
PYUSDbacked byWBTC 86% LLTV	13.48%	41.87k	4168.53	4168.53	90.04%	10M	100%	5.62%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

SteakhousePrime Instant

Overview

Allocation

Performance

Risk

Activity

SteakhousePrime Instant