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Morpho Watch

Steakhouse Prime USDCV2

A Morpho V2 vault on Arc that lends out USDC deposits, curated by Steakhouse Financial. Depositors earn 0.00% a year right now after a 0% performance fee.

Data from Morpho's API · updated

Net APY

0.00%

after fees, paid to depositors

30-day APY

<0.01%

7-day <0.01%

Deposits

$84.1K

84.09K USDC

Withdrawable now

$84.1K

100% of deposits

Performance fee

0%

of the interest earned

Depositors

61

largest holds 99.1%

Earnings calculator

Steakhouse Prime USDC APY history

Net APY earned each day, measured from the vault's share price

Deposits over time

Where the money goes

The markets this vault lends to right now, largest first

MarketLentShareSupply APYUtilizationCap
This vault is not lending anything right now.

The curator decides which markets the vault may use and how much it may put in each (the cap). Allocators then move money between those markets within the caps. How vaults work.

What the loans are backed by

Share of this vault's lending by the collateral borrowers put up

cirBTC–

Returns over time

Net APY actually earned over each period, from the share price

Last day0.00%
Last 7 days<0.01%
Last 30 days<0.01%
Since the vault started<0.01%

Who controls this vault

CuratorSteakhouse Financial
Owner0x5fe1…7852
Timelock to raise a cap7 dayswait before more can go into a market
Timelock to add an adapter7 dayswait before a new kind of investment
Timelock to raise feesNone
Allocators5addresses that move money between markets
Sentinels4can pull money back or cut caps in an emergency
CreatedJune 18, 2026

Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.

Details

Deposit assetUSDCprice $0.9999
Vault versionMorpho Vault V2
APY before fees0.00%
Vault contract0xbeef…7298
USDC token0x3600…0000
NetworkArc

The curator's description: "Steakhouse Prime USDC vault aims to optimize yields by lending USDC against blue chip crypto and real world asset RWA collateral markets depending on market conditions."

Largest depositors

61 addresses hold shares in this vault

AddressDepositShare of vault
0x86A7…b019$83.3K99.1%
0x6F41…7287$1500.2%
0x235f…0f1E$1200.1%
0xbfa0…C832$1010.1%
0x3312…8BDe$1000.1%
0x55DD…c6Df$70.000.1%
0xB104…4359$50.000.1%
0x1937…8f95$25.000.0%
0xe2D3…5cd3$20.000.0%
0x73d2…e3EC$14.000.0%

When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.

About Steakhouse Prime USDC

Steakhouse Prime USDC is a Morpho V2 vault on Arc, created on June 18, 2026. It takes USDC deposits and lends them to borrowers in 0 Morpho markets. The curator, Steakhouse Financial, decides which markets it may use and how much can go into each.

It holds $84.1K (84.09K USDC) from 61 depositors and pays a net APY of 0.00% after its 0% performance fee. Over the last 30 days depositors actually earned 0.00% a year.

Risky changes, such as adding a market, wait behind a 7-day timelock on raising caps, which gives depositors time to leave first. Morpho's app shows no warnings for this vault.

Steakhouse Prime USDC: quick answers

What is the APY of Steakhouse Prime USDC on Arc?

Steakhouse Prime USDC pays 0.00% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.00% over the last 30 days. The rate changes every day with what its borrowers pay.

Can I withdraw from Steakhouse Prime USDC right now?

Yes: all of its $84.1K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed USDC left. That can change quickly when borrowing picks up.

Who runs Steakhouse Prime USDC and what does it charge?

Steakhouse Financial curates it. It keeps 0% of the interest earned as a performance fee. The net APY shown is after these fees.

What are the risks of Steakhouse Prime USDC?

Like every Morpho vault, it can lose money if a borrower's collateral crashes faster than it can be liquidated, if a price oracle fails, or through a smart contract bug. Withdrawals can wait when its markets are fully borrowed. Changes to it wait behind a 7-day timelock on raising caps. This is not advice.

Other USDC vaults

The same deposit asset, other curators and networks

All USDC options →
Vault Deposits Net APY 30-day APY Fee Withdrawable
Steakhouse Prime USDCV2Steakhouse Financial · Base · $444.1M $444.1M444.10M USDC 4.31% 4.35% 0% $164.7M
Steakhouse High Yield USDC EditionV2Steakhouse Financial · Base · $442.2M $442.2M442.23M USDC 2.85% 2.87% 25% $39.69M
Gauntlet USDC PrimeGauntlet · Base · $415.1M $415.1M415.14M USDC 4.31% 4.35% 0% $177.0M
Spark USDC VaultSparkDAO · Base · $307.1M $307.1M307.08M USDC 3.87% 3.91% 10% $164.7M
Gauntlet USDC PrimeV2Gauntlet · Base · $178.8M $178.8M178.87M USDC 4.31% 4.35% 0% $164.7M
Steakhouse USDCSteakhouse Financial · Base · $126.7M $126.7M126.67M USDC 3.22% 3.25% 25% $126.6M
Steakhouse Prime USDCV2Steakhouse Financial · Ethereum · $123.3M $123.3M123.30M USDC 4.51% 4.31% 0% $33.10M
Gauntlet USDC PrimeV2Gauntlet · Ethereum · $99.19M $99.19M99.20M USDC 4.51% 4.31% 0% $33.10M