Morpho Watch

Steakhouse EURCV on Ethereum

A Morpho vault on Ethereum that lends out EURCV deposits, curated by Steakhouse Financial. Depositors earn 0.00% a year right now after a 0% performance fee.

Data from Morpho's API · updated

Net APY

0.00%

after fees, paid to depositors

30-day APY

0.46%

7-day 0.17%, from the share price

Deposits

$9.0K

8.14K EURCV

Withdrawable now

$9.0K

100% of deposits

Performance fee

0%

of the interest earned

Depositors

17

largest holds 100.3%

Open in the Morpho app ↗Earnings calculator

Steakhouse EURCV 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
Idle cashnot lent out $6.6K 72.3% – – No limit
cbBTC / EURCVLLTV 86% $2.0K 22.1% 2.74% 90.5% $55.67M
wstETH / EURCVLLTV 86% $265 2.9% 1.82% 90.0% $55.67M
steakUSDC / EURCVLLTV 91.5% $71.00 0.8% 0.91% 90.1% $11.13M
WBTC / EURCVLLTV 86% $53.00 0.6% 1.80% 90.0% $55.67M
wstETH / EURCVLLTV 86% $53.00 0.6% 1.82% 90.0% $111.3M
EUTBL / EURCVLLTV 96.5% $46.00 0.5% 1.59% 90.0% $111.3M
eurSAFO / EURCVLLTV 94.5% $20.00 0.2% 1.59% 90.0% $5.57M
cbBTC / EURCVLLTV 86% $0 0.0% 1.82% 90.1% $111.3M
WBTC / EURCVLLTV 86% $0 0.0% 1.82% 90.0% $11.13M

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<0.01%
Last 7 days0.17%
Last 30 days0.46%
Last 90 days1.21%
Last year1.13%

Who controls this vault

CuratorSteakhouse Financial
Owner0x0A0e…f8DD5-of-10 multisig
Guardian0x82c7…C36A
Timelock7 dayswait before risky changes take effect
Allocators7addresses that move money between markets
CreatedJanuary 29, 2025

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

Details

Deposit assetEURCVprice $1.1047
Vault versionMetaMorpho (V1)
APY before fees0.00%
Public allocatorOnborrowers can pull liquidity between this vault's markets
Vault contract0x7574…e3Ff
EURCV token0x5F78…5Ff2
NetworkEthereum

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

AddressDepositShare of vault
0xbeef…45Ec$9.0K100.3%
0x0000…8A90$29.000.3%
0x0D61…9C5b$4.000.0%
0xBBBB…FFCb$4.000.0%
0xA7EF…CbE0$1.000.0%
0x255c…085a$00.0%
0x1121…0a11$00.0%
0x6bD2…6d95$00.0%
0xC278…6904$00.0%
0x4e43…d67B$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 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 7 Morpho markets. The curator, Steakhouse Financial, decides which markets it may use and how much can go into each.

It holds $9.0K (8.14K EURCV) from 17 depositors and pays a net APY of 0.00% after its 0% performance fee. Over the last 30 days depositors actually earned 0.46% a year, and 1.13% over the last year.

Its largest position is cbBTC / EURCV at 22% of its deposits, followed by wstETH / EURCV (3%) and steakUSDC / EURCV (1%). 72% sits idle, not lent out. 100% of deposits could be withdrawn right now.

Adding a market or raising how much can go into one waits behind a timelock of 7 days, 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 0.00% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.46% 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 7 Morpho markets. The biggest is cbBTC / EURCV with 22% of its deposits. 72% sits idle.

Can I withdraw from Steakhouse EURCV right now?

Yes: all of its $9.0K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed EURCV left. That can change quickly when borrowing picks up.

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. Adding a market or raising a cap waits behind a timelock of 7 days. This is not advice.

Other EURCV vaults

The same deposit asset, other curators and networks

All EURCV options →
Vault Deposits Net APY 30‑day APY Fee Withdrawable
Steakhouse Prime EURCVV2Steakhouse Financial · Ethereum · $158.6M $158.6M143.60M EURCV 3.00% 2.99% 0% $114.1M
Belem RWA EURCVV2RockawayX · Ethereum · $5.65M $5.65M5.12M EURCV 5.65% 4.15% 10% $664K