Grove x Steakhouse RLUSD on Ethereum
V2A Morpho V2 vault on Ethereum that lends out RLUSD deposits, curated by Steakhouse Financial. Depositors earn 3.29% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
3.29%
after fees, paid to depositors
30-day APY
2.72%
7-day 3.17%, from the share price
Deposits
$0
0.0101 RLUSD
Withdrawable now
$0
0% of deposits
Performance fee
0%
of the interest earned
Depositors
2
addresses holding shares
Grove x Steakhouse RLUSD APY history
Net APY earned each day, from the vault's share price: after fees, without token rewards
| Day | Deposits | Net APY |
|---|
Deposits over time
Where the money goes
The markets this vault lends to right now, largest first
| Market | Lent | Share | |||
|---|---|---|---|---|---|
| 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.
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 3.27% |
|---|---|
| Last 7 days | 3.17% |
| Last 30 days | 2.72% |
| Last 90 days | 1.52% |
Who controls this vault
| Curator | Steakhouse Financial |
|---|---|
| Owner | 0x1369…91Ba |
| 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 | April 20, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | RLUSDprice $0.9998 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 3.29% |
| Vault contract | 0xBeEf…599F |
| RLUSD token | 0x8292…17eD |
| Network | Ethereum |
The curator's description: "Grove x Steakhouse RLUSD for Grove RLUSD allocation."
Largest depositors
2 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0xfeed…3C9a | $0 | – |
| 0x0000…dEaD | $0 | – |
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 RLUSD
Grove x Steakhouse RLUSD is a Morpho V2 vault on Ethereum, created on April 20, 2026. It takes RLUSD 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 $0 (0.0101 RLUSD) from 2 depositors and pays a net APY of 3.29% after its 0% performance fee. Over the last 30 days depositors actually earned 2.72% a year.
Adding a market or raising how much can go into one waits behind a timelock of 14 days, which gives depositors time to leave first. Morpho's app shows no warnings for this vault.
Grove x Steakhouse RLUSD: quick answers
What is the APY of Grove x Steakhouse RLUSD on Ethereum?
Grove x Steakhouse RLUSD pays 3.29% net APY right now, after its fees. Measured from the growth of its share price, it paid 2.72% over the last 30 days. The rate changes every day with what its borrowers pay.
Can I withdraw from Grove x Steakhouse RLUSD right now?
About $0 of its $0 in deposits (0%) 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 RLUSD 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 RLUSD?
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. Adding a market or raising a cap waits behind a timelock of 14 days. This is not advice.
Other RLUSD vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Sentora x Spark RLUSDV2Sentora, SparkDAO · Ethereum · $500.0M | 0.23% |
| Sentora RLUSD MainV2Sentora · Ethereum · $420.4M | 5.69%incl. 2.86% rewards |