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Steakhouse High Yield USDC

0x5c0c306aaa9f877de636f4d5822ca9f2e81563baView on depeg monitor →

arberc4626 vault19.3 (low)Needs attentionStale (53d)

Last scored: 4/16/2026, 9:25:18 AM⚠ May be stale

Low risk19.3/100High risk

Top 3 risk drivers

  1. Centralization40 pts(+4.80 to score)
  2. Strategy50 pts(+2.50 to score)
  3. TVL outflow100 pts(+2.00 to score)

Share price: $1.0321

Score history (30d, 63 snapshots)-3 pts since 2026-04-02
96050100

Alert History

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✓ Safe to list

Low composite risk score. Standard disclosures apply.

TVL trend

TVL down 6960% in 30 days— outflow risk

What's in this vault

Deposits

USDC

LST / LRT collateral— 36.3% of TVL

weETHwstETH

LST/LRT collateral carries redemption lag — under correlated sell pressure, exit queues can stretch hours to days.

What this vault is exposed to

You deposit USDC. Here's what backs your position.

syrupUSDC
52.8%
$10.9M92% LTV
wstETH
35.3%
$7.3M86% LTV
WBTC
8.5%
$1.8M86% LTV
PT-USDai-18JUN2026
2.0%
$424K92% LTV
weETH
1.0%
$204K86% LTV
sUSDS
0.3%
$56K95% LTV
WETH
0.0%
$086% LTV
XAUt0
0.0%
$5K77% LTV
?
0.0%
$0
wsrUSD
0.0%
$392% LTV
PT-USDai-19FEB2026
0.0%
$092% LTV
PT-USDai-19FEB2026
0.0%
$092% LTV
siUSD
0.0%
$092% LTV

Source: Morpho markets

Rating breakdown

Sub-scores sorted by contribution. Each bar is relative to the top contributor.

TVL outflow100
liquidation_proximity85
Strategy50
looping42.8
Centralization40
oracle20
exit_liquidity20
market_concentration15
Depeg12
Maturity10
Asset5
fee_drain5
Protocol risk1

Score 20 (LOW). Primary drivers: centralized governance, high utilization, complex strategy.

Risk flags

EOA ownerHigh utilisationliquidation_proximity_riskLST redemption lagmetamorpho_fork_donation_riskshared_curator_riskshared_market_risk

Recursive lending & looping

Loop exposure

52.8%

Looping TVL

$10.9M

Morpho looping markets

syrupUSDC → USDC
LLTV 92%$10.9M↗ Morpho

Trading Strategy technical risk

From Trading Strategy's Vault Technical Risk Framework

Negligible

Funding regime

Perp funding rate data (healthy vs compressed/inverted) will indicate when vault yield is from stable vs stressed conditions. Coming soon.