Morpho Watch

Grove x Steakhouse RLUSD on Ethereum

V2

A 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

Open in the Morpho app ↗Earnings calculator

Grove x Steakhouse RLUSD APY history

Net APY earned each day, from the vault's share price: after fees, without token rewards

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.

Returns over time

Net APY actually earned over each period, from the share price: after fees, without token rewards

Last day3.27%
Last 7 days3.17%
Last 30 days2.72%
Last 90 days1.52%

Who controls this vault

CuratorSteakhouse Financial
Owner0x1369…91Ba
Timelock to raise a cap14 dayswait before more can go into a market
Timelock to add an adapter14 dayswait before a new kind of investment
Timelock to raise fees3 days
Allocators6addresses that move money between markets
Sentinels1can pull money back or cut caps in an emergency
CreatedApril 20, 2026

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

Details

Deposit assetRLUSDprice $0.9998
Vault versionMorpho Vault V2
APY before fees3.29%
Vault contract0xBeEf…599F
RLUSD token0x8292…17eD
NetworkEthereum

The curator's description: "Grove x Steakhouse RLUSD for Grove RLUSD allocation."

Largest depositors

2 addresses hold shares in this vault

AddressDepositShare 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.

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The same deposit asset, other curators and networks

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