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	10.59k	5746.97	5746.97	$1.28B	1.56%	85.95%
WETHbacked bywstETH 94.5% LLTV	1018.61	1018.61	2664.24	$1.28B	1.40%	82.91%
WETHbacked bycbBTC 91.5% LLTV	21.97	4.01	4.01	$25.76M	1.53%	84.66%
WETHbacked byWBTC 91.5% LLTV	0	0	12.14	$25.76M	0.88%	86.11%
WETHbacked bycbBTC 91.5% LLTV	0	0	51.66	$25.76M	0.01%	30.91%
WETHIdle Liquidity	0	0	-	-	-	-
WETHbacked byWBTC 91.5% LLTV	0	0	< 0.01	$25.76M	0.79%	91.09%

Date	Allocator	Amount	Market
2026-09-19 12:50:11	Public Allocator	+49.9006 WETH+$128.47k	WETHbacked bywstETH 96.5% LLTV
2026-09-19 12:50:11	Public Allocator	-46.2251 WETH-$119.01k	WETHbacked bywstETH 94.5% LLTV
2026-09-19 12:50:11	Public Allocator	-3.6755 WETH-$9463.14	WETHbacked bycbBTC 91.5% LLTV
2026-09-19 08:49:35		+0.0001 WETH+$0.35	WETHbacked bywstETH 96.5% LLTV
2026-09-19 08:49:35		+765.5632 WETH+$1.97M	WETHbacked bywstETH 94.5% LLTV

User	Deposit	% of Deposits
	5,209.48 WETH$13.41M	44.79%
	2,733.41 WETH$7.03M	23.50%
	1,883.33 WETH$4.84M	16.19%
	720.9297 WETH$1.85M	6.19%
	294.3487 WETH$757.84k	2.53%

Date	Type	Amount
2026-09-20 03:41:47	Vault Deposit	0.056 WETH$144.44
2026-09-20 03:16:11	Vault Deposit	0.0514 WETH$132.62
2026-09-20 01:57:35	Vault Deposit	0.0391 WETH$100.97
2026-09-20 01:50:47	Vault Withdraw	0.7385 WETH$1903.15
2026-09-20 00:15:23	Vault Withdraw	1.3346 WETH$3439.15
2026-09-19 23:55:35	Vault Deposit	< 0.0001 WETH$< 0.01
2026-09-19 19:58:11	Vault Deposit	0.0083 WETH$21.51
2026-09-19 19:58:11	Vault Withdraw	0.0092 WETH$23.77
2026-09-19 14:27:23	Vault Deposit	0.1849 WETH$476.56
2026-09-19 09:56:47	Vault Withdraw	0.0408 WETH$105.26

Date	Allocator	Amount	Market
2026-09-19 12:50:11	Public Allocator	+49.9006 WETH+$128.47k	WETHbacked bywstETH 96.5% LLTV
2026-09-19 12:50:11	Public Allocator	-46.2251 WETH-$119.01k	WETHbacked bywstETH 94.5% LLTV
2026-09-19 12:50:11	Public Allocator	-3.6755 WETH-$9463.14	WETHbacked bycbBTC 91.5% LLTV
2026-09-19 08:49:35		+0.0001 WETH+$0.35	WETHbacked bywstETH 96.5% LLTV
2026-09-19 08:49:35		+765.5632 WETH+$1.97M	WETHbacked bywstETH 94.5% LLTV

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

SteakhouseETH

Overview

Allocation

Performance

Risk

Activity

SteakhouseETH