Steakhouse Prime USDC

vbUSDC·Katana·curated by Steakhouse Financial

APY1.86%-0.06% vs 30d

TVL$15.18M

Risk score28/ 100

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

What this vault actually does

The Steakhouse Prime USDC vault aims to optimize yields by lending USDC against blue chip crypto assets.

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.

Every market relies on an external price feed. A stale or manipulated feed can mis-price collateral and produce unrecoverable bad debt.

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