Steakhouse Prime ETH
Earn yield on ETH via Steakhouse Morpho vault
Not a fit if
- Exit liquidity may be limited
- Not a fit if you want stable asset exposure
- Yield may depend on temporary incentives
Asset exposure
Depositors are exposed to ETH price movement, Morpho lending markets, Steakhouse curation, and the vault share token.
Yield source
Yield comes from WETH borrowers paying interest in Steakhouse-curated Morpho markets, with incentives possible when campaigns are active.
Live APY: -- - Source: Yield unavailable - As of: No live APY timestamp
Withdrawal reality
Morpho vault withdrawals can use idle liquidity first, but exits can become constrained by vault allocation and market liquidity.
- Redeem or withdraw vault shares through the ERC-4626-style path.
- If normal liquidity is constrained, advanced Morpho paths can depend on adapter or market liquidity.
The app execution config uses the standard vault path, while depositor-facing copy should explain Morpho liquidity constraints.
Primary risks
Main risks are ETH market exposure, Morpho market and liquidation risk, Steakhouse curator risk, liquidity constraints, incentive volatility, oracle risk, and smart contract risk.
Allocrypt role
Allocrypt routes deposits into the Steakhouse ETH vault through PortfolioRouter and forwards the net vault shares to the user's Safe.
The user's Safe holds the Steakhouse ETH vault shares directly after deposit.
Only the user controls the signing keys for the Safe.
PortfolioRouter takes a 0.49% fee in vault shares after the external vault deposit and sends it to the treasury.
Sources and freshness
Reviewed 2026-05-16 - Confidence: medium - Reviewed May 2026
- Allocrypt reviewed research
- Morpho vault documentation
- Steakhouse Financial vault documentation
Start the deposit or withdrawal process for this vault.
Vault Info
Protocol