Benchmark/Katana/Steakhouse Prime USDC
Vault tear-sheet

Steakhouse Prime USDC

Morpho · Katana · Curated by Steakhouse Financial · vbUSDC
3 passed · 1 failed · 1 not checked
Checks at $25,000, an example size

Key metrics

APY now
1.9%6-hour average
−1.03pp vs its 30-day mean to 7 Nov
Performance fee
10%
management 0%
TVL
$1.8M
as of 7 Nov 14:04 UTC
daily: +0.02% vs 6 Nov, at 00:00 UTC
Dollars free to leave
$1.1Mmeasured
65.3% of TVL, read 14:05 UTC
$508.3K on its worst day in 20 of the last 90

Read November 7, 2026, 14:04 UTC from Morpho; rate: Morpho API, six-hour average net APY without rewards. APY now is Morpho's six-hour average, after fees and without reward tokens; Morpho publishes no averaged gross rate, so no gross figure is set beside it. Performance fee: read on chain at block 47266789 (1e18 = 100% of interest (Morpho V1)); the Morpho API in the benchmark of 7 Nov 2026 reads 10.0%.

Checks

Your size$25,000Example size
TVL against its 14-day high
Today's TVL against the highest daily TVL of the last 14 days measured
Fails above a 67.6% drop. Its own 99th percentile, 365 days.
TVL off 42.3% from 14-day highdaily TVL to 7 Nov 00:00 UTC
Pass
Rate spike while TVL falls
Today's APY against its own range; a fail needs the TVL check to fail too measured
A spike is above 6.61%. Its own 99th percentile, 90 days.
Rate 1.82%, under its 6.61% 99th percentiledaily APY to 7 Nov 00:00 UTC
Pass
Your size against the vault
Your size at most 1% of the vault's TVL stated default
A fixed bound, 1% of the vault, since the size effect is not priced here.
$25K is 1.41% of this vaultTVL as of 7 Nov 14:04 UTCLive 16 months
Failat $25,000
Exit at your size
Your size against the dollars free to leave now, and on its worst day in 20 of the last 90 where 75 days count. Passes only when each covers your size. measured
$25K against $1.1M free to leave now$508.3K on its worst day in 20 of the last 90Now: 7 Nov 14:05 UTC
Passat $25,000
Collateral class
The class of every collateral the vault holds, looked through
Collateral not classed
Not checked

Checked November 7, 2026, 14:33 UTC, on the data read November 7, 2026, 14:04 UTC. A check with a missing or stale input is not checked, never passed; what does not apply is left out of the count.

How these are checked

TVL against its 14-day high. Today's TVL against the highest daily TVL of the 14 days ending today (12 of 14 read). Fails when the drop is above its own 99th percentile of daily drops over the past year (90 read at least) or above a floor set from every vault in this benchmark, whichever is higher; with less history, above 20%, a stated default.

Rate spike while TVL falls. Today's daily APY against its own 99th percentile of the 90 days before today (75 read); with less history, its 30-day mean plus 2 standard deviations (25 of 30 read), a stated default. Fails only when that spike comes with a fail on TVL against its 14-day high.

Your size against the vault. The size you set ($25K as an example) at most 1% of the vault's TVL: a fixed bound, because the size effect is not priced on this page. The vault's age is printed beside it.

Exit at your size. The size you set against the dollars free to leave the vault now and, where 75 of the last 90 days count, its worst day in 20 of them; it passes only when each covers your size. A day counts when its figure was read and the vault held at least your size; with fewer, today's read decides alone, tagged one read. A forced exit pulls money from the vault's other markets at the penalty the vault sets, if any, and never counts as a pass. Not checked where that figure is not read.

Collateral class. The class of every collateral the vault holds, looked through. Not checked where its collateral is not classed; a vault that holds only its deposit asset does not apply.

A measured threshold comes from this vault's own daily series. A stated default is a bound Priime sets until that series is long enough, or where nothing is priced.

Performance

APY, 30 days1.82%
daily, last point 7 Nov 00:00 UTC
TVL, 30 days$1.8M
daily, last point 7 Nov 00:00 UTC

One point per UTC day, the last reading of the day, as the source serves it: daily APY realized by the share price, without rewards where the source separates them, and TVL in dollars. Nothing is capped or smoothed. A day the source does not serve, or a reading beyond 200% that is a feed error, is left out and breaks the line.

Who can change it

Dependencies
at least 34
Assets
1
Oracles
Not read
Control accounts
at least 31

Each account or contract this vault names, up to three steps out. Open a row to see the read that found it and what that address names in turn.

Control

OwnerMultisig, 5 of 100x0a0e…f8dd

0x0a0e559bc3b0950a7e448f0d4894db195b9cf8dd0x0a0e559b…5b9cf8dd ▸

Named by the vault as its owner, at block 47,318,970.

SignerWallet, no contract code0x0053…f105

0x005398827d00c2951ffb52bd91164ef402bcf1050x00539882…02bcf105 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x21c1…3f7d

0x21c1e5be991bf1544ca9759a601f66dc60083f7d0x21c1e5be…60083f7d ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x2e8c…f111

0x2e8c25a6f7f7f34666b998813abf97d8b617f1110x2e8c25a6…b617f111 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x32e5…166e

0x32e5cb1a68761a0cff88d4baa21e398422b5166e0x32e5cb1a…22b5166e ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x394e…a0b1

0x394e6ef80c6f4ad14a891a3987d8bd1387afa0b10x394e6ef8…87afa0b1 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x5571…46ac

0x5571a6fef340a9d26f1428684b9e893ea84b46ac0x5571a6fe…a84b46ac ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x86bd…5c32

0x86bd534a95fb2cc36d526ba149464c4477315c320x86bd534a…77315c32 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x9a86…54b2

0x9a86713145f38cd688969c0ecc87b314b23254b20x9a867131…b23254b2 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xbc27…8968

0xbc27046213d34d4a153cf57a48c74d74239e89680xbc270462…239e8968 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xc04f…cf9e

0xc04f9610694a9e07e0d6a361bec53abeadf9cf9e0xc04f9610…adf9cf9e ▸

Named by the multisig above as its signer, at block 47,318,970.

GuardianMultisig, 2 of 30xf4f2…c04e

0xf4f2f5f6badbe05433c4604320ecc56bbecbc04e0xf4f2f5f6…becbc04e ▸

Named by the vault as its guardian, at block 47,318,970.

SignerMultisig, 2 of 40x3918…52c0

0x391807569d56a4e1b592b47d7af12a16995d52c00x39180756…995d52c0 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x0d61…9c5b

0x0d61c8b6ca9669a36f351de3ae335e9689dd9c5b0x0d61c8b6…89dd9c5b ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x387c…5344

0x387cde8598e1cbb297fdc5baeba5e5c5c27353440x387cde85…c2735344 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xcc77…959f

0xcc771952fde840e30c6802734e5ad20479c2959f0xcc771952…79c2959f ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xe3fc…5120

0xe3fcee6b6cd564e073346f71394f60ec9adf51200xe3fcee6b…9adf5120 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerMultisig, 2 of 70x9d85…9052

0x9d851f8b8751c5fbc09b9e74e6e68e99509490520x9d851f8b…50949052 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x2161…d417

0x21618593f7147235ac8d511d68a547c935f9d4170x21618593…35f9d417 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x6ab8…3890

0x6ab87a62e250a5eb09a53fca832b9bda480c38900x6ab87a62…480c3890 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xdfed…56da

0xdfed8373695a7b3daf268cf91e71f6a7024a56da0xdfed8373…024a56da ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xed44…db37

0xed44d1cffb91e163cb7126bdeea83959f175db370xed44d1cf…f175db37 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xf02b…d4b2

0xf02be0da37db50befa5a525158aa94b50f81d4b20xf02be0da…0f81d4b2 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xfb2a…63eb

0xfb2a738ae435610354b132c4a4ee647558f663eb0xfb2a738a…58f663eb ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xffbf…3238

0xffbfc0c8331c5fc912dda3c6d4a86eeb802032380xffbfc0c8…80203238 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerMultisig, 3 of 50xd067…98cc

0xd0673f989bc3ba9314d0aaf28bfc84e99b7898cc0xd0673f98…9b7898cc ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x4a65…154b

0x4a658d678804dd0a4ad0a2c26ad4f4eb2517154b0x4a658d67…2517154b ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x6f8c…d08a

0x6f8cc67a7f6c61e4047ac4870583899cc1fbd08a0x6f8cc67a…c1fbd08a ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0x73d8…97f8

0x73d8846324b30477ea3ac055589e40f39de497f80x73d88463…9de497f8 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xa439…ae31

0xa43901c63f7702c407378e55e0d0eb4064a2ae310xa43901c6…64a2ae31 ▸

Named by the multisig above as its signer, at block 47,318,970.

SignerWallet, no contract code0xa697…960d

0xa697656ac37ee1f59a8a5318f61601b4c208960d0xa697656a…c208960d ▸

Named by the multisig above as its signer, at block 47,318,970.

Assets and markets

Deposit assetvbUSDC0x203a…fd36

0x203a662b0bd271a6ed5a60edfbd04bfce608fd360x203a662b…e608fd36 ▸

Named by the vault as its deposit asset, at block 47,318,970.

Upgrade adminContract0xf5f3…7e7e

0xf5f3a9687f45217df2e5fff191fbd1b1aaf57e7e0xf5f3a968…aaf57e7e ▸

Named by vbUSDC as its upgrade admin, at block 47,318,970.

OwnerMultisig, 3 of 5named above
Runs the code ofContract0x58bb…f2f1

0x58bb667d48152c1931cc1a2bf84ba6a68b07f2f10x58bb667d…8b07f2f1 ▸

Named by vbUSDC as the code it runs, at block 47,318,970.

Priime reads this Morpho vault as it reads any vault; its curator, allocators and markets are not read.

Read on Katana at block 47,318,970, 7 Nov 2026, 14:29 UTC. Contracts the vault calls only inside its transactions are not listed, and a role holder shows only where the contract lists its holders.

Returns

0.2%
30d return
0.7%
90d return
1.9%
1y return
-26.1
Sharpe
0.1%
Volatility
1.6%
CAGR
0.0%
Max drawdown
1.4y
Age
How returns are computed

Computed by Priime from the vault's daily share price since June 24, 2025. A return is shown only when the history covers its whole window; CAGR only past a year. Sharpe is the excess return over the 3-month US Treasury bill, for dollar vaults only, and shows as >50 where volatility is near zero. Net APY on this vault is Morpho's six-hour average, after fees and without reward tokens; Morpho publishes no averaged gross rate, so no gross figure is set beside it.

Details

Vault address0x61d4f9d3797ba4da152238c53a6f93fb665c3c1d
ChainKatana · id 747474
ProtocolMorpho
DenominationvbUSDC
Share tokensteakUSDC
InceptionJune 23, 2025
History fromJune 24, 2025
Rank by TVL316 overall, 6 on Katana, 33 for Steakhouse Financial

Ranks are by TVL within this benchmark as of November 7, 2026, 14:04 UTC.