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Morpho

Steakhouse Prime USDC

DeFi vault
A curator or strategy allocates funds across on-chain lending markets.
Self-custodyAdvanced

4.92% net APY

USDC

Verified Aug 8, 2026

How your money earns

  1. You
  2. Steakhouse vault
  3. Morpho markets
  4. Borrowers

Where the return comes from

Borrower interest across curated lending markets

Steakhouse Financial allocates USDC across approved Morpho markets. Borrowers in those markets pay interest, which flows through the vault to depositors.

Source →

What you take on

  • Vault curator
  • Morpho smart contracts
  • Collateral markets
  • Liquidity
  • USDC

Adds Morpho smart-contract, vault-curator, collateral-market and liquidity risk. Vault allocations can change.

Access

Availability
On-chain access may still be subject to interface and jurisdiction restrictions.
Lock-up and liquidity
No fixed term; withdrawals depend on available liquidity

Underlying stablecoin

Return source:
Verified Aug 8, 2026

Rates can change. Check current provider terms before acting.

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Morpho Steakhouse Prime USDC: Yield, Risks & How It Works | Blockbasis