The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.
Research, not financial advice. Read the terms.
About Steakhouse USDC Morpho Vault
Analysis of 13 Feb 2026Steakhouse USDC Morpho Vault (STEAKUSDC) is an institutional-grade yield-generating vault with about $100M market cap and $1.13 price as of June 2026. Curated by Steakhouse Financial, the largest Morpho curator now managing $2B+ across 48 vaults, it lends USDC against blue-chip collateral (wBTC, wstETH) and RWA assets.
Full overviewShow less
The vault delivers 4-10.8% APY depending on market conditions, with Coinbase integration powering deposits across users. As Morpho protocol surpasses $10B TVL with 1.4M+ users (from 67K in early 2025), Steakhouse maintains zero bad debt history over 1.5 years through institutional-grade risk management with dual governance and 2-of-3 multisig controls.
