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	39.79M	$999.71M	4.02%	88.48%
USDCbacked bysteakEURCV 91.5% LLTV	12.9M	1.41M	1.41M	$24.99M	4.13%	89.03%
USDCbacked byWBTC 86% LLTV	8.16M	8.16M	14.09M	$199.94M	4.05%	88.80%
USDCbacked bywstETH 86% LLTV	3.95M	1.03M	1.03M	$199.94M	4.13%	89.54%
USDCbacked bywstETH 86% LLTV	2.35M	2.35M	3.54M	$199.94M	4.02%	88.76%
USDCbacked byweETH 86% LLTV	1.54M	246.71k	246.71k	$99.97M	4.13%	88.96%
USDCbacked bycbBTC 86% LLTV	346.04k	58.91k	58.91k	$999.71M	4.13%	90.90%
USDCbacked byWBTC 86% LLTV	231.03k	231.03k	236.81k	$199.94M	4.02%	88.19%
USDCbacked byWETH 86% LLTV	160.49k	160.49k	575.69k	$199.94M	4.03%	88.81%
USDCbacked byFLHYon 86% LLTV	49.05	5.94	5.94	$9.99M	4.13%	89.58%

Date	Amount	Market
2026-09-20 07:04:47	+2.015 USDC+$2.01	USDCbacked bywstETH 86% LLTV
2026-09-20 07:04:47	+2,394.15 USDC+$2393.43	USDCbacked bycbBTC 86% LLTV
2026-09-20 07:04:47	+452.345 USDC+$452.21	USDCbacked bywstETH 86% LLTV
2026-09-20 07:04:47	+406.352 USDC+$406.23	USDCbacked bysteakEURCV 91.5% LLTV
2026-09-20 07:04:47	+130.718 USDC+$130.67	USDCbacked byWETH 86% LLTV

User	Deposit	% of Deposits
	29,300,357.42 USDC$29.29M	43.98%
	4,132,242.27 USDC$4.13M	6.20%
	2,988,191.96 USDC$2.98M	4.48%
	2,391,367.75 USDC$2.39M	3.59%
	1,628,248.73 USDC$1.62M	2.44%

Date	Type	Amount
2026-09-20 07:58:47	Vault Deposit	265.561 USDC$265.48
2026-09-20 05:23:23	Vault Withdraw	7,663.4 USDC$7661.18
2026-09-20 02:35:35	Vault Withdraw	1,068,919.28 USDC$1.06M
2026-09-20 02:35:35	Vault Transfer	-
2026-09-20 02:30:47	Vault Deposit	2,991.11 USDC$2990.24
2026-09-20 02:22:35	Vault Deposit	20.67 USDC$20.66
2026-09-19 22:04:47	Vault Withdraw	3,362.62 USDC$3361.64
2026-09-19 18:24:11	Vault Withdraw	1,017.43 USDC$1017.13
2026-09-19 16:02:59	Vault Withdraw	10,000 USDC$9997.10
2026-09-19 14:43:35	Vault Withdraw	100 USDC$99.97

Date	Amount	Market
2026-09-20 07:04:47	+2.015 USDC+$2.01	USDCbacked bywstETH 86% LLTV
2026-09-20 07:04:47	+2,394.15 USDC+$2393.43	USDCbacked bycbBTC 86% LLTV
2026-09-20 07:04:47	+452.345 USDC+$452.21	USDCbacked bywstETH 86% LLTV
2026-09-20 07:04:47	+406.352 USDC+$406.23	USDCbacked bysteakEURCV 91.5% LLTV
2026-09-20 07:04:47	+130.718 USDC+$130.67	USDCbacked byWETH 86% LLTV

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

SteakhouseUSDC

Overview

Allocation

Performance

Risk

Activity

SteakhouseUSDC