Grove x Steakhouse High Yield AUSD

AUSD·Monad·curated by Steakhouse Financial

APY3.28%-2.41% vs 30d

TVL$256.24K

Risk score36/ 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.

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

Vault is split across 6 markets. More markets means more parameter surface area for the curator to monitor.

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