SteakhouseHigh Yield USDC

Katana

The Steakhouse High Yield USDC vault aims to optimize yields by lending USDC against a wide range of collaterals.

Total Deposits

$1.48M

1.48M vbUSDC

Liquidity

$1.48M

1.48M vbUSDC

Exposure

+1

Net APY

6.33

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-05-26

Curator TVL

$2.27B

Total Deposits (USD)

$1.48M

Net APY

6.33%

APY Breakdown

Vault Net APY

2.45%

KAT

+3.88%

Performance Fee

10%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (vbUSDC)	Liquidity (vbUSDC)	Underlying Liquidity (vbUSDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
vbUSDCbacked byvbWBTC 86% LLTV	99.99%	1.48M	1.48M	2.76M	78.23%	50M	100%	3.07%
vbUSDCbacked byvbETH 86% LLTV	0.01%	146.4	146.4	78.88k	82.69%	50M	100%	7.70%
vbUSDCbacked byLBTC 86% LLTV	0%	0	0	4563.42	54.41%	5M	100%	25.96%
vbUSDCbacked byKAT 62.5% LLTV	0%	0	0	737.24	75.55%	500k	100%	127.35%
vbUSDCbacked byweETH 77% LLTV	0%	0	0	23.23k	1.46%	1M	100%	10.84%
vbUSDCbacked byBTC.b 77% LLTV	0%	0	0	0.96	13.23%	10M	100%	< 0.01%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-17 14:43:47	-4 vbUSDC-$3.99	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 14:42:27	+1.139 vbUSDC+$1.13	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 13:38:27	+471.156 vbUSDC+$470.95	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 11:43:17	-12,000 vbUSDC-$11.99k	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 11:19:22	-20,000 vbUSDC-$19.99k	vbUSDCbacked byvbWBTC 86% LLTV

1

Performance

Position Unit Price (vbUSDC)

1.011722

Returns

Instant APY

6.33%

7D APY

4.91%

30D APY

3.67%

90D APY

2.75%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0x255c7705e8BB334DfCae438197f7C4297988085a

Management fee recipient

Returns

Instant APY

7D APY

30D APY

90D APY

Fees

Performance fee

Management fee

Performance fee recipient

Management fee recipient

Risk

Risk Disclosures

Curator has not submitted a Disclosure.

Ratings

No ratings available for this vault.

Ratings

Vault Roles

Owner

0xcd849A2D15BAa0B3A85C455d527018A9a5671017

Curator

SAFE 2/6

Sentinel 1

0xcd849A2D15BAa0B3A85C455d527018A9a5671017

Risk Curation

Allocator 1

SAFE 1/3

Allocator 2

0xBBF1ad10455EeD600Cd78A1702F7AcA41C9aBceb

Allocator 3

0xCE977172eBf88B09c2240D9b787A1C61605191Ff

Allocator 4

0xfC580f2a77e85f1F47b60F096D36fDc97cE2d827

Allocator 5

0xfeed46c11F57B7126a773EeC6ae9cA7aE1C03C9a

Timelocks

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
	899,416.42 vbUSDC$899.04k	60.53%
	150,376.08 vbUSDC$150.31k	10.12%
	100,431.86 vbUSDC$100.39k	6.75%
	82,567.79 vbUSDC$82.53k	5.55%
	50,473.57 vbUSDC$50.45k	3.39%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-17 14:43:47	Withdraw	4 vbUSDC$3.99
2026-09-17 14:42:27	Deposit	1.139 vbUSDC$1.13
2026-09-17 13:38:27	Deposit	471.156 vbUSDC$470.95
2026-09-17 11:43:17	Withdraw	12,000 vbUSDC$11.99k
2026-09-17 11:19:22	Withdraw	20,000 vbUSDC$19.99k
2026-09-16 09:07:06	Withdraw	29,124.49 vbUSDC$29.11k
2026-09-16 06:16:08	Deposit	11,894.7 vbUSDC$11.88k
2026-09-16 06:14:28	Deposit	11,000 vbUSDC$10.99k
2026-09-16 00:34:50	Deposit	154.443 vbUSDC$154.37
2026-09-15 16:09:39	Withdraw	154.436 vbUSDC$154.37

1

All Transactions

Deposit vbUSDC

$0

0.00 vbUSDC

Network

Katana

Deposit (vbUSDC)

0.00

APY

6.33%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Deposit vbUSDC

$0

0.00 vbUSDC

Network

Katana

Deposit (vbUSDC)

0.00

APY

6.33%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Exposure

Markets	Allocation (%)	Allocation (vbUSDC)	Liquidity (vbUSDC)	Underlying Liquidity (vbUSDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
vbUSDCbacked byvbWBTC 86% LLTV	99.99%	1.48M	1.48M	2.76M	78.23%	50M	100%	3.07%
vbUSDCbacked byvbETH 86% LLTV	0.01%	146.4	146.4	78.88k	82.69%	50M	100%	7.70%
vbUSDCbacked byLBTC 86% LLTV	0%	0	0	4563.42	54.41%	5M	100%	25.96%
vbUSDCbacked byKAT 62.5% LLTV	0%	0	0	737.24	75.55%	500k	100%	127.35%
vbUSDCbacked byweETH 77% LLTV	0%	0	0	23.23k	1.46%	1M	100%	10.84%
vbUSDCbacked byBTC.b 77% LLTV	0%	0	0	0.96	13.23%	10M	100%	< 0.01%
Idle Liquidity
	0%	0	0	-	-	-	-	-

User Distribution

User	Deposit	% of Deposits
	899,416.42 vbUSDC$899.04k	60.53%
	150,376.08 vbUSDC$150.31k	10.12%
	100,431.86 vbUSDC$100.39k	6.75%
	82,567.79 vbUSDC$82.53k	5.55%
	50,473.57 vbUSDC$50.45k	3.39%

of

Owner

0xcd849A2D15BAa0B3A85C455d527018A9a5671017

Curator

SAFE 2/6

Sentinel 1

0xcd849A2D15BAa0B3A85C455d527018A9a5671017

Morpho vault version

v2

Vault deployment date

2026-05-26

Curator TVL

$2.27B

Allocator 1

SAFE 1/3

Allocator 2

0xBBF1ad10455EeD600Cd78A1702F7AcA41C9aBceb

Allocator 3

0xCE977172eBf88B09c2240D9b787A1C61605191Ff

Allocator 4

0xfC580f2a77e85f1F47b60F096D36fDc97cE2d827

Allocator 5

0xfeed46c11F57B7126a773EeC6ae9cA7aE1C03C9a

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Position Unit Price (vbUSDC)

1.011722

Total Deposits (USD)

$1.48M

Returns

Instant APY

6.33%

7D APY

4.91%

30D APY

3.67%

90D APY

2.75%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0x255c7705e8BB334DfCae438197f7C4297988085a

Management fee recipient

Net APY

6.33%

APY Breakdown

Vault Net APY

2.45%

KAT

+3.88%

Performance Fee

10%

Management Fee

0%

SteakhouseHigh Yield USDC

Katana

The Steakhouse High Yield USDC vault aims to optimize yields by lending USDC against a wide range of collaterals.

Total Deposits

$1.48M

1.48M vbUSDC

Liquidity

$1.48M

1.48M vbUSDC

Exposure

+1

Net APY

6.33

%

All Transactions

Date	Type	Amount
2026-09-17 14:43:47	Withdraw	4 vbUSDC$3.99
2026-09-17 14:42:27	Deposit	1.139 vbUSDC$1.13
2026-09-17 13:38:27	Deposit	471.156 vbUSDC$470.95
2026-09-17 11:43:17	Withdraw	12,000 vbUSDC$11.99k
2026-09-17 11:19:22	Withdraw	20,000 vbUSDC$19.99k
2026-09-16 09:07:06	Withdraw	29,124.49 vbUSDC$29.11k
2026-09-16 06:16:08	Deposit	11,894.7 vbUSDC$11.88k
2026-09-16 06:14:28	Deposit	11,000 vbUSDC$10.99k
2026-09-16 00:34:50	Deposit	154.443 vbUSDC$154.37
2026-09-15 16:09:39	Withdraw	154.436 vbUSDC$154.37

1

Date	Amount	Vault / Market
2026-09-17 14:43:47	-4 vbUSDC-$3.99	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 14:42:27	+1.139 vbUSDC+$1.13	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 13:38:27	+471.156 vbUSDC+$470.95	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 11:43:17	-12,000 vbUSDC-$11.99k	vbUSDCbacked byvbWBTC 86% LLTV
2026-09-17 11:19:22	-20,000 vbUSDC-$19.99k	vbUSDCbacked byvbWBTC 86% LLTV

1

Allocation History