Morpho Blue · Ethereum

STEAKUSDC

Overview

Morpho Blue's STEAKUSDC pool on Ethereum is a lending protocol facility where USDC serves as the supplied asset. The pool currently generates a base APY of 3.5804 percent with no additional reward yields, for a total APY of 3.5804 percent. Over the past 30 days, the APY has declined 0.8778 percent from a 30-day mean of 3.9554 percent, while the 7-day change shows a smaller decrease of 0.4576 percent, indicating modest recent compression in returns.

The pool holds 63.8 million dollars in total value locked. Over the past week, TVL change data is unavailable. As a stablecoin pool, the primary risk to monitor is depeg risk, though the USDC asset class carries lower exposure to this threat than less-established stablecoins.

Generated 2026-05-18 from the structured pool data on this page. No external claims, no hand-edited text. See methodology.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 3.58%; 30-day mean is 3.96%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 66% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.