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TVL $98MAPY 1.69%low riskUpdated Feb 1, 2025

Morpho Steakhouse ETH

Curated ETH vault on Morpho Blue managed by Steakhouse Financial. Allocates WETH deposits across multiple markets for optimized ETH lending yields.

ProtocolMorpho
Networkethereum
SymbolSTKETH
CategoryMoney Markets
Underlying Assets
Contract Address0xbeef050ecd6a16c4e7bffbb52ebba7846c4b8cd4

What is Morpho Steakhouse ETH?

Morpho Steakhouse ETH is a curated WETH vault on Morpho Blue managed by Steakhouse Financial, a well-known DeFi risk management firm. This vault allocates ETH deposits across multiple Morpho Blue markets to optimize yields while maintaining risk parameters set by Steakhouse.

How Steakhouse ETH Vault Works

Steakhouse Financial manages this vault professionally:

  1. Market Selection: Identifies high-quality WETH borrowing markets
  2. Allocation Strategy: Distributes deposits based on risk/reward
  3. Active Management: Rebalances as market conditions change
  4. Risk Monitoring: Continuous oversight of collateral quality

When you deposit WETH:

  • Funds enter the Steakhouse-managed vault
  • Allocation spreads across approved markets
  • Interest accrues from ETH borrowers
  • Withdraw WETH plus earned yield

What Assets Are Involved

Supply Asset: WETH (Wrapped Ether) Vault Token: STKETH - vault share token Curator: Steakhouse Financial - institutional DeFi risk manager

Steakhouse is known for:

  • MakerDAO financial reporting and risk assessment
  • Professional DeFi treasury management
  • Transparent risk frameworks
  • Conservative approach to yield optimization

Curator Strategy

Steakhouse ETH vault typically allocates to:

  • LST-collateralized markets (wstETH, rETH, cbETH)
  • Blue-chip collateral markets (WBTC, stablecoins)
  • High-quality LRT markets (weETH, ezETH)
  • Markets with proven oracle infrastructure

ETH Lending Dynamics

WETH lending through curator vaults offers:

  • Diversification: Multiple collateral exposures
  • Professional Curation: Expert market selection
  • Yield Optimization: Active allocation management
  • Simplified Access: One deposit, multiple markets

Risk Disclosures

Smart Contract Risk: Exposure to Morpho Blue and Steakhouse vault contracts. Curator Risk: Steakhouse allocation decisions affect risk and returns. Multi-Market Risk: Issues in allocated markets affect vault performance. LST Concentration: Heavy allocation to LST markets creates correlated risk. Oracle Risk: Each underlying market depends on accurate price feeds. ETH Price Risk: Collateral value relative to ETH affects market health. Utilization Risk: High demand may temporarily limit withdrawals. Fee Structure: Curator may charge performance or management fees.
Disclaimer: APY and TVL figures are based on on-chain data and may fluctuate. Past performance does not guarantee future results. DeFi investments carry smart contract, market, and liquidity risks. This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.

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