Steakhouse EURCV
A Morpho vault on Ethereum that lends out EURCV deposits, curated by Steakhouse Financial. Depositors earn 1.78% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
1.78%
after fees, paid to depositors
30-day APY
1.52%
7-day 1.71%
Deposits
$1.12M
983.60K EURCV
Withdrawable now
$1.08M
96% of deposits
Performance fee
0%
of the interest earned
Depositors
17
largest holds 99.2%
Steakhouse EURCV 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 |
|---|---|---|
| wstETH / EURCVLLTV 86% | $1.01M | 90.2% |
| eurSAFO / EURCVLLTV 94.5% | $84.6K | 7.6% |
| cbBTC / EURCVLLTV 86% | $25.0K | 2.2% |
| steakUSDC / EURCVLLTV 91.5% | $0 | 0.0% |
| Idle cashnot lent out | $0 | 0.0% |
| WBTC / EURCVLLTV 86% | $0 | 0.0% |
| WBTC / EURCVLLTV 86% | $0 | 0.0% |
| cbBTC / EURCVLLTV 86% | $0 | 0.0% |
| wstETH / EURCVLLTV 86% | $0 | 0.0% |
| EUTBL / EURCVLLTV 96.5% | $0 | 0.0% |
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
| wstETH | 90.2% |
|---|---|
| eurSAFO | 7.6% |
| cbBTC | 2.2% |
| steakUSDC | 0.0% |
| Other | 0.0% |
| WBTC | 0.0% |
| EUTBL | 0.0% |
Returns over time
Net APY actually earned over each period, from the share price
| Last day | 1.78% |
|---|---|
| Last 7 days | 1.71% |
| Last 30 days | 1.52% |
| Last year | 1.25% |
| Since the vault started | 0.76% |
Who controls this vault
| Curator | Steakhouse Financial |
|---|---|
| Owner | 0x0A0e…f8DD5-of-10 multisig |
| Guardian | 0x82c7…C36A |
| Timelock | 7 dayswait before risky changes take effect |
| Allocators | 6addresses that move money between markets |
| Created | January 29, 2025 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | EURCVprice $1.1383 |
|---|---|
| Vault version | MetaMorpho (V1) |
| APY before fees | 1.78% |
| Public allocator | Onborrowers can pull liquidity between this vault's markets |
| Vault contract | 0x7574…e3Ff |
| EURCV token | 0x5F78…5Ff2 |
| Network | Ethereum |
The curator's description: "The Steakhouse EURCV vault aims to optimize yields by lending EURCV against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the “dual engine.”"
Largest depositors
17 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0xF16b…f43a | $1.11M | 99.2% |
| 0xbeef…45Ec | $9.2K | 0.8% |
| 0x0000…8A90 | $29.00 | <0.01% |
| 0x0D61…9C5b | $5.00 | <0.01% |
| 0xBBBB…FFCb | $4.00 | <0.01% |
| 0xA7EF…CbE0 | $1.00 | <0.01% |
| 0x255c…085a | $0 | 0.0% |
| 0x1121…0a11 | $0 | 0.0% |
| 0x6bD2…6d95 | $0 | 0.0% |
| 0xC278…6904 | $0 | 0.0% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Steakhouse EURCV
Steakhouse EURCV is a MetaMorpho vault (Morpho V1) on Ethereum, created on January 29, 2025. It takes EURCV deposits and lends them to borrowers in 3 Morpho markets. The curator, Steakhouse Financial, decides which markets it may use and how much can go into each.
It holds $1.12M (983.60K EURCV) from 17 depositors and pays a net APY of 1.78% after its 0% performance fee. Over the last 30 days depositors actually earned 1.52% a year, and 1.25% over the last year.
Its largest position is wstETH / EURCV at 90% of what it lends, followed by eurSAFO / EURCV (8%) and cbBTC / EURCV (2%). Counting every market, its loans are backed mainly by wstETH (90%), eurSAFO (8%) and cbBTC (2%). 96% of deposits could be withdrawn right now.
Risky changes, such as adding a market, wait behind a 7-day timelock, which gives depositors time to leave first. The owner is a 5-of-10 multisig wallet. Morpho's app shows no warnings for this vault.
Steakhouse EURCV: quick answers
What is the APY of Steakhouse EURCV on Ethereum?
Steakhouse EURCV pays 1.78% net APY right now, after its fees. Measured from the growth of its share price, it paid 1.52% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Steakhouse EURCV lend against?
It lends EURCV through 3 Morpho markets. The biggest is wstETH / EURCV with 90% of its lending. Overall its loans are backed mainly by wstETH (90%), eurSAFO (8%) and cbBTC (2%).
Can I withdraw from Steakhouse EURCV right now?
About $1.08M of its $1.12M in deposits (96%) 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 Steakhouse EURCV 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 EURCV?
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. This is not advice.
Other EURCV vaults
The same deposit asset, other curators and networks