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September 21, 2026

CRYPTO·COINBEAT

Journalism for the digital-asset economy

Best DeFi Vault Curators · Rank 01 of 14

Steakhouse Financial review

Stablecoin depositors and fintech integrators who want conservative, blue-chip-collateral Morpho vaults.

Scored by Maria FernandezLast verified September 21, 20267 scored facts

Score10.0

100 of 100 points

The short answer

Steakhouse Financial scores 10.0 out of 10 and ranks #1 of 14 in the best defi vault curators table, strongest on assets under curation (10.0) and weakest on primitives and networks (10.0).

Steakhouse Financial is a DeFi advisory and risk-curation firm that designs and curates Morpho lending vaults, mostly stablecoin vaults, for fintechs, exchanges and asset managers. Its vaults power products such as Coinbase's USDC lending and partner vaults with Robinhood Chain, Grove, Ethena and Safe. It also curates Kamino lending vaults on Solana.

Key facts on record

Primitives
Morpho, Kamino
Networks
7

What the record shows

7 facts, each converted to points by the tables published in the table’s methodology. Each score below is read from the fact printed under it, with its source and the date it was checked.

Steakhouse Financial on assets under curation

10.0/ 20% of the score

$3.1B under curation.

20 of 20 pts · api.llama.fi · checked September 21, 2026

Steakhouse Financial on tenure as curator

10.0/ 10% of the score

First vault 2024-01 — 2 years 8 months as of 2026-09-21.

10 of 10 pts · api.morpho.org · checked September 21, 2026

Steakhouse Financial on depositor losses

10.0/ 25% of the score

No depositor loss on record.

25 of 25 pts · protos.com · checked September 21, 2026

Steakhouse Financial on public reporting

10.0/ 15% of the score

Regular public reports.

15 of 15 pts · kitchen.steakhouse.financial · checked September 21, 2026

Steakhouse Financial on performance fee

10.0/ 10% of the score

0% performance fee. Prime vaults; Steakhouse High Yield USDC Edition (Base) charges 25%.

10 of 10 pts · api.morpho.org · checked September 21, 2026

Steakhouse Financial on safeguards

10.0/ 10% of the score

Timelock and guardian.

10 of 10 pts · api.morpho.org · checked September 21, 2026

Steakhouse Financial on primitives and networks

10.0/ 10% of the score

7 primitive–network pairs.

10 of 10 pts · api.morpho.org · checked September 21, 2026

Quick answers

What is Steakhouse Financial best for?
Stablecoin depositors and fintech integrators who want conservative, blue-chip-collateral Morpho vaults.. Steakhouse Financial is a DeFi advisory and risk-curation firm that designs and curates Morpho lending vaults, mostly stablecoin vaults, for fintechs, exchanges and asset managers.
Where does Steakhouse Financial rank among best defi vault curators?
#1 of 14, scoring 10.0 out of 10 — 100 of 100 points.
What is the weakest part of Steakhouse Financial?
Primitives and networks at 10.0. 7 primitive–network pairs.

Strengths and weaknesses

In its favour

  • Largest book in this table by DefiLlama TVL (~$3.10B), with no depositor loss found: none of its 40 Morpho vaults above $0.5M showed a share-price decline, and it had no xUSD/deUSD or Resolv USR exposure.
  • Strong vault safeguards: a 7-day timelock and an Aragon DAO guardian on the flagship V1 vaults, and 3–7 day cap timelocks plus sentinels on its V2 vaults.

Against it

  • Almost all of its business is on one primitive: 6 of its 7 verified deployments are Morpho, and the only other one is Kamino on Solana.
  • Fees vary widely by product line: 0% performance fee on the Prime vaults, but 25% on Steakhouse High Yield USDC Edition (Base, $423M).

How Steakhouse Financial compares

14 services in best defi vault curators

  1. 01Steakhouse Financialyou are hereStablecoin depositors and fintech integrators who want conservative, blue-chip-collateral Morpho vaults.10.0
  2. 02SentoraInstitutions and stablecoin issuers looking for a white-label curated vault with a research-heavy risk desk.9.8
  3. 03kpkConservative USDC/ETH depositors and DAOs who want low-fee Morpho vaults with strong governance controls.9.2
  4. 04YearnDeFi-native depositors who want Morpho USDC/ETH exposure with an openly published risk-scoring method.8.2
  5. 05RockawayXDepositors who want RWA and private-credit yield through Morpho or Kamino and accept a newer curator.8.1
  6. 06GauntletDepositors who want low-fee Prime-tier stablecoin vaults across many chains from a long-running quant risk firm.6.7
  7. 07KeyrockInstitutions that want a market maker's credit view on USDC lending, including on the Arc chain.6.7
  8. 08BitwiseAdvisers and institutions that want a known asset-manager brand curating an RWA-backed stablecoin lending vault.6.4
  9. 09SparkStablecoin depositors who want long timelocks and Sky-ecosystem backing.6.2
  10. 10K3 CapitalDepositors looking for Euler-based ETH and stablecoin yield on newer chains like Monad and Plasma.5.9
  11. 11HyperithmStablecoin depositors who want tiered-risk Morpho vaults on Monad and Ethereum from a quant-trading firm.5.4
  12. 12MEV CapitalMainly a case study in curator risk; what remains is a small set of Morpho vaults.5.2
  13. 13Re7 LabsExperienced users who want long-tail chains and assets and accept higher curator risk.4.7
  14. 14UltraYieldUsers who want Edge Capital's market-neutral strategy vaults more than a large Morpho/Euler lending book.4.1