Noncustodial yield vaults curated for USDC, USDT, and ETH — multiple risk-rated strategies across Ethereum, Base, and Arbitrum.
Open AppThe protocol launched in 2023 and has grown to manage hundreds of millions in onchain assets. It sits between raw DeFi complexity and the convenience people actually want.
Funds never leave the onchain contract. The Steakhouse Financial platform cannot move your assets. Full smart-contract transparency at every step.
Four distinct strategies — Prime (A), High Yield (B), Term, and Turbo — let you match risk tolerance precisely. Not one-size-fits-all.
Ethereum mainnet, Base, and Arbitrum are all live. Optimism integration is in active review by the team behind Steakhouse Financial.
Spearbit has audited the vault contracts. Audit reports are public. The protocol follows EIP-1559-compatible gas standards on all supported chains.
Getting yield through the Steakhouse Financial protocol takes four steps. Simple in practice, sophisticated underneath.
Any EVM wallet works. Connect to the app at this address and choose your network — Ethereum, Base, or Arbitrum.
Filter by asset (USDC, USDT, WETH, cbBTC, AUSD, EURC, EURCV), strategy type, and rating. Each vault shows live APY and total deposits.
Approve the token, confirm the deposit. Assets go directly into audited onchain contracts — no intermediary custody at any point.
Instant vaults allow exit at any time. Term vaults pay higher yield in exchange for a fixed allocation window. You choose what fits.
Prime, High Yield, Term, and Turbo cover the full risk spectrum from conservative repo lending to leveraged carry trades.
Steakhouse Financial's protocol offers two vault versions. V2 vaults follow standard Morpho architecture; BOX vaults use a curated allocation framework for broader collateral sets.
Every vault displays real-time supply APY. Rates for USDC Prime have ranged between 2% and 6% depending on market conditions in 2024.
Each vault lists its underlying collateral tokens — sUSDS, sUSDe, rUSD, cbBTC, and more. No black-box allocation. Read more at ethereum.org.
Certain vaults carry bonus reward programs exclusive to the Steakhouse Financial app. The AUSD Term vault is one current example with additional incentives.
A dedicated portfolio tab tracks your deposits and earned APY across all vaults and networks in one place.
The platform also exposes borrow positions for users who want leverage exposure. Liquidity flows from depositors to borrowers through the same audited contracts.
Approximate figures based on publicly available onchain data as of mid-2025.
Detailed answers are also available on the Q&A page and the Info page.
Steakhouse Financial is a vault curator that deploys noncustodial yield strategies for stablecoins and ETH across Ethereum mainnet, Base, and Arbitrum. The protocol manages risk-rated vaults using onchain lending markets. Think of it as a curated layer on top of raw DeFi infrastructure — similar in concept to how Uniswap sits atop the EVM but adds a specific function.
Connect your wallet at the app, select a vault, approve the token spend, then confirm the deposit. Assets move directly onchain. No registration, no KYC for standard vaults.
The vault contracts have been audited by Spearbit, a specialized security firm. Reports are publicly available. All code is noncustodial and verifiable on-chain. No team member or curator can withdraw user funds.
Current supported assets: USDC, USDT, EURC, EURCV, AUSD, WETH, and cbBTC. New assets are added through governance and curator review.
Prime vaults carry an A rating and stick to blue-chip collateral. High Yield vaults accept a wider collateral range for higher APY and carry a B rating. The risk is structurally different, not just superficially.
Instant vaults — most V2 vaults — allow exit whenever you like. Term vaults have a fixed window. If you need flexibility, filter specifically for instant-access vaults before depositing.
Centralized yield products require you to trust a company. Steakhouse Financial's protocol is fully onchain. The contract code determines what happens — not a company policy or a bankruptcy proceeding. Your assets, your keys, your vault shares.
Ethereum mainnet, Base, and Arbitrum are live as of 2025. Optimism support is under active evaluation. Each network has its own set of available vaults and assets.
Deposited assets are allocated to onchain lending markets and repo-style positions. In some Term vaults, the protocol holds principal tokens (PTs) to capture fixed-rate yield. APY is variable for most vaults and depends on borrow demand and market conditions. Rates seen in 2024 ranged from under 2% for ETH vaults to over 9% for AUSD Turbo.
A = lowest risk, blue-chip collateral only. B = moderate risk, wider collateral set. CC = higher risk, leverage or novel collateral involved. Ratings are assigned by the Steakhouse Financial curator team based on an internal risk framework.
Yes. A curator fee is taken from generated yield — the percentage varies by vault and is displayed transparently in the vault detail view. There are no hidden entry or exit fees on instant vaults.
The Info page covers the protocol's technology and philosophy in depth. The Q&A page has 15 detailed answers covering edge cases and advanced use. The official docs are also linked in the app footer.