Steakhouse High Yield AUSDV2
A Morpho V2 vault on Monad that lends out AUSD deposits, curated by Steakhouse Financial. Depositors earn 0.71% a year right now after a 10% performance fee.
Data from Morpho's API · updated
Net APY
0.71%
incl. 0.23% in rewards
30-day APY
4.51%
7-day 0.46%
Deposits
$126K
125.52K AUSD
Withdrawable now
$87.1K
69% of deposits
Performance fee
10%
of the interest earned
Depositors
168
largest holds 40.4%
Steakhouse High Yield AUSD 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 |
|---|---|---|
| WBTC / AUSDLLTV 86% | $24.8K | 47.1% |
| WMON / AUSDLLTV 77% | $14.2K | 27.1% |
| XAUt0 / AUSDLLTV 77% | $7.2K | 13.6% |
| WETH / AUSDLLTV 86% | $3.3K | 6.4% |
| wstETH / AUSDLLTV 86% | $3.0K | 5.8% |
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
| WBTC | 47.6% |
|---|---|
| WMON | 27.5% |
| XAUt0 | 12.7% |
| WETH | 6.4% |
| wstETH | 5.8% |
| Other | 0.0% |
Returns over time
Net APY actually earned over each period, from the share price
| Last day | 0.71% |
|---|---|
| Last 7 days | 0.46% |
| Last 30 days | 4.51% |
| Since the vault started | 13.73% |
Who controls this vault
| Curator | Steakhouse Financial |
|---|---|
| Owner | 0x0A0e…f8DD5-of-8 multisig |
| Timelock to raise a cap | 7 dayswait before more can go into a market |
| Timelock to add an adapter | 7 dayswait before a new kind of investment |
| Timelock to raise fees | None |
| Allocators | 5addresses that move money between markets |
| Sentinels | 1can pull money back or cut caps in an emergency |
| Created | November 22, 2025 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | AUSDprice $0.9999 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 0.53% |
| Rewards | WMON 0.23% |
| Vault contract | 0xbeef…060D |
| AUSD token | 0x0000…012a |
| Network | Monad |
The curator's description: "The Steakhouse High Yield AUSD vault aims to optimize yields by lending AUSD against a wide range of collaterals."
Largest depositors
168 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x40e0…A3A3 | $50.7K | 40.4% |
| 0xB002…ed8a | $30.9K | 24.6% |
| 0x43e1…5fe5 | $7.9K | 6.3% |
| 0xB156…1733 | $7.0K | 5.6% |
| 0x8381…647C | $6.2K | 4.9% |
| 0x53eb…dc15 | $5.8K | 4.6% |
| 0x8fDe…F40c | $3.1K | 2.5% |
| 0x0000…91bE | $2.0K | 1.6% |
| 0x01ea…58e0 | $1.9K | 1.5% |
| 0xC378…Fe4A | $1.6K | 1.2% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Steakhouse High Yield AUSD
Steakhouse High Yield AUSD is a Morpho V2 vault on Monad, created on November 22, 2025. It takes AUSD deposits and lends them to borrowers in 5 Morpho markets. The curator, Steakhouse Financial, decides which markets it may use and how much can go into each.
It holds $126K (125.52K AUSD) from 168 depositors and pays a net APY of 0.71% after its 10% performance fee. Over the last 30 days depositors actually earned 4.51% a year. About 0.23% of today's rate comes from WMON rewards, which can stop at any time.
Its largest position is WBTC / AUSD at 47% of what it lends, followed by WMON / AUSD (27%) and XAUt0 / AUSD (14%). Counting every market, its loans are backed mainly by WBTC (48%), WMON (27%) and XAUt0 (13%). 69% of deposits could be withdrawn right now.
Risky changes, such as adding a market, wait behind a 7-day timelock on raising caps, which gives depositors time to leave first. The owner is a 5-of-8 multisig wallet. Morpho's app shows no warnings for this vault.
Steakhouse High Yield AUSD: quick answers
What is the APY of Steakhouse High Yield AUSD on Monad?
Steakhouse High Yield AUSD pays 0.71% net APY right now, after its fees and including 0.23% of rewards. Measured from the growth of its share price, it paid 4.51% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Steakhouse High Yield AUSD lend against?
It lends AUSD through 5 Morpho markets. The biggest is WBTC / AUSD with 47% of its lending. Overall its loans are backed mainly by WBTC (48%), WMON (27%) and XAUt0 (13%).
Can I withdraw from Steakhouse High Yield AUSD right now?
About $87.1K of its $126K in deposits (69%) 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 High Yield AUSD and what does it charge?
Steakhouse Financial curates it. It keeps 10% of the interest earned as a performance fee. The net APY shown is after these fees.
What are the risks of Steakhouse High Yield AUSD?
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.
Other AUSD vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Bitwise Premium RWA AUSDV2Bitwise · Ethereum · $21.73M | 7.44%incl. 3.24% rewards |
| SharpByte AUSD Tori EcosystemV2SharpByte · Monad · $5.47M | 8.90%incl. 4.49% rewards |
| Flowdesk AUSD RWA StrategyV2Flowdesk · Ethereum · $4.98M | 5.09% |
| Clearstar Accountable AUSDV2Clearstar · Monad · $3.00M | 5.99%incl. 0.57% rewards |
| Y10k AUSD VaultV2Y10k Capital · Monad · $999K | 6.72%incl. 0.57% rewards |
| Steakhouse High Yield InstantV2Steakhouse Financial · Ethereum · $444K | 4.57% |
| Grove x Steakhouse High Yield AUSDSteakhouse Financial · Monad · $108K | 1.89%incl. 0.57% rewards |
| Dialectic AUSD RWAV2Dialectic Meccanico · Ethereum · $101K | 4.37% |