Morpho Watch

Steakhouse mUSD Reserved on Monad

V2

A Morpho V2 vault on Monad that lends out mUSD 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

0.00%

7-day 0.00%, from the share price

Deposits

$1.00

1.00 mUSD

Withdrawable now

$1.00

100% of deposits

Performance fee

0%

of the interest earned

Depositors

1

largest holds 100.0%

Earnings calculator

Steakhouse mUSD Reserved 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 $1.00 100.0% – – –

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.

Returns over time

Net APY actually earned over each period, from the share price: after fees, without token rewards

Last day0.00%
Last 7 days0.00%
Last 30 days0.00%
Last 90 days0.00%

Who controls this vault

CuratorSteakhouse Financial
Owner0x5D65…dB113-of-5 multisig
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
Allocators3addresses that move money between markets
Sentinels1can pull money back or cut caps in an emergency
CreatedJune 25, 2026

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

Details

Deposit assetmUSDprice $0.9993
Vault versionMorpho Vault V2
APY before fees0.00%
Vault contract0x7c3B…f35F
mUSD token0xacA9…35DA
NetworkMonad

The curator's description: "The Steakhouse mUSD Reserved vault selects suitable markets for lending MetaMask mUSD against blue chip crypto assets"

Largest depositors

1 addresses hold shares in this vault

AddressDepositShare of vault
0x0000…dEaD$1.00100.0%

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

About Steakhouse mUSD Reserved

Steakhouse mUSD Reserved is a Morpho V2 vault on Monad, created on June 25, 2026. It takes mUSD 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 $1.00 (1.00 mUSD) from 1 depositors and pays a net APY of 0.00% after its 0% performance fee. Over the last 30 days depositors actually earned 0.00% a year.

100% 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 3-of-5 multisig wallet. Morpho's app shows no warnings for this vault.

Steakhouse mUSD Reserved: quick answers

What is the APY of Steakhouse mUSD Reserved on Monad?

Steakhouse mUSD Reserved pays 0.00% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.00% over the last 30 days. The rate changes every day with what its borrowers pay.

Can I withdraw from Steakhouse mUSD Reserved right now?

Yes: all of its $1.00 in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed mUSD left. That can change quickly when borrowing picks up.

Who runs Steakhouse mUSD Reserved 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 mUSD Reserved?

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.