Steakhouse High Yield USD1V2
A Morpho V2 vault on Monad that lends out USD1 deposits, curated by Steakhouse Financial. Depositors earn 0.00% a year right now after a 10% performance fee.
Data from Morpho's API · updated
Net APY
0.00%
after fees, paid to depositors
30-day APY
2.95%
7-day 0.00%
Deposits
$1.3K
1.33K USD1
Withdrawable now
$1.3K
100% of deposits
Performance fee
10%
of the interest earned
Depositors
15
largest holds 95.5%
Steakhouse High Yield USD1 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 | |||
|---|---|---|---|---|---|
| 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.
Who controls this vault
| Curator | Steakhouse Financial |
|---|---|
| Owner | 0x0A0e…f8DD5-of-8 multisig |
| Timelock to raise a cap | 3 dayswait before more can go into a market |
| Timelock to add an adapter | 3 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 | March 19, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | USD1price $0.9996 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 0.00% |
| Vault contract | 0xBeEF…5Fdb |
| USD1 token | 0x1111…db61 |
| Network | Monad |
The curator's description: "The Steakhouse High Yield USD1 vault aims to optimize yields by lending USD1 against a wide range of collaterals."
Largest depositors
15 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x255c…085a | $1.3K | 95.5% |
| 0xcB90…cD3c | $55.00 | 4.1% |
| 0x3fFF…e196 | $2.00 | 0.2% |
| 0x0000…dEaD | $1.00 | 0.1% |
| 0xd2d6…006E | $0 | 0.0% |
| 0xdfFE…1b1C | $0 | 0.0% |
| 0x49e7…93e1 | $0 | 0.0% |
| 0x6bD2…6d95 | $0 | 0.0% |
| 0xfeed…3C9a | $0 | 0.0% |
| 0x188d…Ea8e | $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 High Yield USD1
Steakhouse High Yield USD1 is a Morpho V2 vault on Monad, created on March 19, 2026. It takes USD1 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 $1.3K (1.33K USD1) from 15 depositors and pays a net APY of 0.00% after its 10% performance fee. Over the last 30 days depositors actually earned 2.95% a year.
Risky changes, such as adding a market, wait behind a 3-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 USD1: quick answers
What is the APY of Steakhouse High Yield USD1 on Monad?
Steakhouse High Yield USD1 pays 0.00% net APY right now, after its fees. Measured from the growth of its share price, it paid 2.95% over the last 30 days. The rate changes every day with what its borrowers pay.
Can I withdraw from Steakhouse High Yield USD1 right now?
Yes: all of its $1.3K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed USD1 left. That can change quickly when borrowing picks up.
Who runs Steakhouse High Yield USD1 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 USD1?
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 3-day timelock on raising caps. This is not advice.
