Skip to content
Morpho Watch

Steakhouse ARSsV2

A Morpho V2 vault on Ethereum that lends out ARSs deposits, curated by Steakhouse Financial. Depositors earn 25.85% a year right now after a 0% performance fee.

Data from Morpho's API · updated

Net APY

25.85%

after fees, paid to depositors

30-day APY

21.92%

7-day 22.88%

Deposits

$24.7K

37.70M ARSs

Withdrawable now

$28.0K

113% of deposits

Performance fee

0%

of the interest earned

Depositors

3

largest holds 100.0%

Open in the Morpho app ↗Earnings calculator

Steakhouse ARSs 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

Other–

Returns over time

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

Last day25.85%
Last 7 days22.88%
Last 30 days21.92%
Since the vault started10.63%

Who controls this vault

CuratorSteakhouse Financial
Owner0x4D7b…f71d
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
Allocators7addresses that move money between markets
Sentinels1can pull money back or cut caps in an emergency
CreatedMay 20, 2026

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

Details

Deposit assetARSsprice $0.0007
Vault versionMorpho Vault V2
APY before fees25.85%
Vault contract0xbeef…fd06
ARSs token0x9a1b…73A9
NetworkEthereum

The curator's description: "The Steakhouse ARSs vault selects suitable markets for lending ARSs against blue chip crypto assets."

Largest depositors

3 addresses hold shares in this vault

AddressDepositShare of vault
0x170B…5f1c$24.7K100.0%
0x255c…085a$00.0%
0x0000…dEaD$00.0%

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

About Steakhouse ARSs

Steakhouse ARSs is a Morpho V2 vault on Ethereum, created on May 20, 2026. It takes ARSs 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 $24.7K (37.70M ARSs) from 3 depositors and pays a net APY of 25.85% after its 0% performance fee. Over the last 30 days depositors actually earned 21.92% 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 ARSs: quick answers

What is the APY of Steakhouse ARSs on Ethereum?

Steakhouse ARSs pays 25.85% net APY right now, after its fees. Measured from the growth of its share price, it paid 21.92% over the last 30 days. The rate changes every day with what its borrowers pay.

Can I withdraw from Steakhouse ARSs right now?

Yes: all of its $24.7K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed ARSs left. That can change quickly when borrowing picks up.

Who runs Steakhouse ARSs 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 ARSs?

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.