Grove x Steakhouse AUSDV2
A Morpho V2 vault on Ethereum that lends out AUSD deposits, curated by Steakhouse Financial. Depositors earn 10.90% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
10.90%
after fees, paid to depositors
30-day APY
9.53%
7-day 7.36%
Deposits
$32.3K
32.32K AUSD
Withdrawable now
$3.2K
10% of deposits
Performance fee
0%
of the interest earned
Depositors
21
largest holds 95.1%
Grove x Steakhouse AUSD APY history
Net APY earned each day, measured from the vault's share price
| Day | Deposits | Net APY |
|---|
Deposits over time
Where the money goes
The markets this vault lends to right now, largest first
| Market | Lent | Share |
|---|---|---|
| sUSDS / AUSDLLTV 94.5% | $32.3K | 100.0% |
| wstETH / AUSDLLTV 86% | $3.00 | <0.01% |
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
| sUSDS | 100.0% |
|---|---|
| wstETH | <0.01% |
| Other | 0.0% |
Returns over time
Net APY actually earned over each period, from the share price
| Last day | 8.78% |
|---|---|
| Last 7 days | 7.36% |
| Last 30 days | 9.53% |
| Since the vault started | 4.04% |
Who controls this vault
| Curator | Steakhouse Financial |
|---|---|
| Owner | 0xD700…54272-of-2 multisig |
| Timelock to raise a cap | 14 dayswait before more can go into a market |
| Timelock to add an adapter | 14 dayswait before a new kind of investment |
| Timelock to raise fees | 3 days |
| Allocators | 6addresses that move money between markets |
| Sentinels | 1can pull money back or cut caps in an emergency |
| Created | January 22, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | AUSDprice $0.9999 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 10.90% |
| Vault contract | 0xBEEf…A98a |
| AUSD token | 0x0000…012a |
| Network | Ethereum |
The curator's description: "Grove x Steakhouse AUSD for Grove AUSD allocation."
Largest depositors
21 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x085E…9f68 | $30.7K | 95.1% |
| 0x2150…6487 | $1.0K | 3.1% |
| 0xd36B…6D5a | $501 | 1.6% |
| 0xF4EC…E634 | $19.00 | 0.1% |
| 0x6613…800E | $13.00 | 0.0% |
| 0x691a…7bC0 | $12.00 | 0.0% |
| 0x2e23…A324 | $10.00 | 0.0% |
| 0x0000…8A90 | $8.00 | 0.0% |
| 0xd9D8…619f | $5.00 | 0.0% |
| 0xd05d…D5D8 | $2.00 | <0.01% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Grove x Steakhouse AUSD
Grove x Steakhouse AUSD is a Morpho V2 vault on Ethereum, created on January 22, 2026. It takes AUSD deposits and lends them to borrowers in 2 Morpho markets. The curator, Steakhouse Financial, decides which markets it may use and how much can go into each.
It holds $32.3K (32.32K AUSD) from 21 depositors and pays a net APY of 10.90% after its 0% performance fee. Over the last 30 days depositors actually earned 9.53% a year.
Its largest position is sUSDS / AUSD at 100% of what it lends, followed by wstETH / AUSD (<0.01%). Counting every market, its loans are backed mainly by sUSDS (100%) and wstETH (<0.01%). 10% of deposits could be withdrawn right now.
Risky changes, such as adding a market, wait behind a 14-day timelock on raising caps, which gives depositors time to leave first. The owner is a 2-of-2 multisig wallet. Morpho's app shows no warnings for this vault.
Grove x Steakhouse AUSD: quick answers
What is the APY of Grove x Steakhouse AUSD on Ethereum?
Grove x Steakhouse AUSD pays 10.90% net APY right now, after its fees. Measured from the growth of its share price, it paid 9.53% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Grove x Steakhouse AUSD lend against?
It lends AUSD through 2 Morpho markets. The biggest is sUSDS / AUSD with 100% of its lending. Overall its loans are backed mainly by sUSDS (100%) and wstETH (<0.01%).
Can I withdraw from Grove x Steakhouse AUSD right now?
About $3.2K of its $32.3K in deposits (10%) could be withdrawn immediately. The rest is lent out and frees up as borrowers repay or as higher rates bring in new lenders.
Who runs Grove x Steakhouse AUSD 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 Grove x Steakhouse AUSD?
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 14-day timelock on raising caps. This is not advice.
Other AUSD vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Bitwise Premium RWA AUSDV2Bitwise · Ethereum · $21.73M | 7.44%incl. 3.24% rewards |
| SharpByte AUSD Tori EcosystemV2SharpByte · Monad · $5.47M | 8.90%incl. 4.49% rewards |
| Flowdesk AUSD RWA StrategyV2Flowdesk · Ethereum · $4.98M | 5.09% |
| Clearstar Accountable AUSDV2Clearstar · Monad · $3.00M | 5.99%incl. 0.57% rewards |
| Y10k AUSD VaultV2Y10k Capital · Monad · $999K | 6.72%incl. 0.57% rewards |
| Steakhouse High Yield InstantV2Steakhouse Financial · Ethereum · $444K | 4.57% |
| Steakhouse High Yield AUSDV2Steakhouse Financial · Monad · $126K | 0.71%incl. 0.23% rewards |
| Grove x Steakhouse High Yield AUSDSteakhouse Financial · Monad · $108K | 1.89%incl. 0.57% rewards |