Grove x Steakhouse High Yield AUSD

AUSD·Monad·curated by Steakhouse Financial

APY12.06%+5.08% vs 30d

TVL$4.46M

Risk score38/ 100

Plain English explanationWritten by Sharpe Finance research · model card · last update 2026-05-12

What this vault actually does

The Steakhouse High Yield AUSD vault enabled by Grove aims to optimize yields by lending AUSD against a wide range of collaterals.

What breaks this vault

The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.

Cap-weighted utilization is 95.3%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.

Primary loan or collateral asset is a stablecoin. A sustained depeg below 99 cents impacts NAV and disables liquidation routing for non-USD collateral.

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