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Grove x Steakhouse High Yield AUSD

0xbeeffff0629438ad198c47f80d66fa4be5c0caf6View on depeg monitor →

etherc4626 vault19.8 (low)Needs attentionStale (53d)

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

Low risk19.8/100High risk

Top 3 risk drivers

  1. Centralization40 pts(+4.80 to score)
  2. Asset65 pts(+3.25 to score)
  3. Strategy50 pts(+2.50 to score)

Share price: $1.0052

Score history (30d, 63 snapshots)-17 pts since 2026-04-02
2710050100

Alert History

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✓ Safe to list

Low composite risk score. Standard disclosures apply.

Withdrawal risk: Some liquidity pressure

91% utilization — withdrawals may be slow or partially queued.

TVL trend

TVL down 490% in 30 days— outflow risk

What's in this vault

Deposits

AUSD

LST / LRT collateral— 0.2% of TVL

wstETH

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 AUSD. Here's what backs your position.

sUSDS
91.1%
$17.0M95% LTV
WBTC
5.0%
$935K86% LTV
syrupUSDC
3.7%
$689K92% LTV
wstETH
0.2%
$41K86% LTV
sUSDe
0.0%
$5K92% LTV
WETH
0.0%
$086% LTV
?
0.0%
$0
cbBTC
0.0%
$086% LTV
weETH
0.0%
$086% LTV

Source: Morpho markets

Rating breakdown

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

liquidation_proximity85
Asset65
market_concentration55
Strategy50
Centralization40
utilization35
Maturity20
oracle20
exit_liquidity20
TVL outflow9.8
Protocol risk1

Score 20 (LOW). Primary drivers: centralized governance, risky collateral, high utilization.

Risk flags

EOA ownerHigh utilisationliquidation_proximity_riskLST redemption lagmetamorpho_fork_donation_riskNew vaultshared_curator_risk

Recursive lending & looping

Loop exposure

0.0%

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.