WealthVille

STEAKUSDC

HOLD · 60%

Morpho Blue · Base · Stablecoin · Informational — not executable

65C · Fair

Wealthville Score

Verdict HOLD · 60% confidence

ai_engine=hold
How this score works →
Enter60

new capital

Hold71

keep position

Exit10

urgency to leave

Its differentiator is an isolated morpho-blue lending market on Base, offering USDC lending exposure against STEAK collateral rather than exposure to a broad pooled market. The pool holds $186.48M and currently shows 3.5%, with 3.5% of the displayed yield coming from base interest and rewards. WealthVille's AI verdict is HOLD with 60% confidence.

Computed 2026-07-21 10:02 UTC from on-chain yield, liquidity-depth, and risk signals. Not financial advice.

Liquidityhelp

lock

$186.48M

Total value locked

$0.00

24h volume

Yieldhelp

trending_up

3.5%

total APY

Base 3.2% + rewards 0.3%

3.2%

adjusted · trailing 7d base (est.)

Deposit

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Its differentiator is an isolated morpho-blue lending market on Base, offering USDC lending exposure against STEAK collateral rather than exposure to a broad pooled market. The pool holds $186.48M and currently shows 3.5%, with 3.5% of the displayed yield coming from base interest and rewards. WealthVille's AI verdict is HOLD with 60% confidence.

History

30d Low

$186.48M

Latest

$186.48M

30d High

$236.11M

Daily snapshots · data via DefiLlama

#229 of 570 EVM pools · top 40%#20 of 71 on Base#4 of 8 on Morpho Blue

Performance

Base APY (24h)3.24%
Base APY (7d avg)3.21%
Fees earned (24h, est.)$16.58K
Volume (24h)$0.00
Volume (7d)$0.00
Volume (30d)$0.00

Efficiency & Flow

TVL change (24h)-1.0%
TVL change (7d)-5.5%
Volume / TVL (24h)0.00x
Fee yield per $1 TVL / day$0.000089
Fee APR sustainability93% from feesvs rewards
Reward dependency7% of APRfrom emissions
TVL stability (30d CV)0.071lower is steadier

Pool Analysis

Yield breakdown

The displayed yield combines 3.2% from lending activity and fees with 0.3% from incentives. The base component is variable and depends on market utilization, while the reward component depends on emissions, eligibility, and token economics, so it should not be treated as permanent yield.

Risk profile

The main family-specific risks are utilization and liquidation risk. High utilization can make withdrawals difficult and increase rate volatility, while falling STEAK prices can trigger collateral liquidations; oracle failure, insufficient liquidation liquidity, or bad debt can still affect lenders. EVM gas costs are a drag on small positions, and this page is informational only: WealthVille does not execute on EVM and executes on Solana.

Assets

STEAK is the volatile collateral asset and USDC is the dollar-referenced lending asset in this market. USDC liquidity affects borrowing and withdrawals, while STEAK market depth affects liquidation quality; a sharp STEAK decline increases liquidation pressure and may expose lenders to delayed withdrawals or bad debt.

Strategy note

Before entering, record the market's utilization, oracle configuration, STEAK liquidation depth, and current reward source; use a position size for which Base gas is immaterial, and define an exit trigger for a sustained utilization spike or a material reduction in STEAK liquidity.

In plain English

You lend USDC in a market where borrowers usually lock up STEAK as collateral. You receive variable interest and possibly rewards, but withdrawals can become harder when many people borrow or when STEAK falls sharply.

Why this verdict

  • ai_engine=hold

Frequently asked questions

How does lending STEAKUSDC on morpho-blue work?

In this Base market, suppliers provide USDC liquidity while borrowers can use STEAK as collateral, subject to the market's risk parameters. The current displayed supply yield is 3.5% on $186.48M of liquidity, but the rate can change.

What is the liquidation risk for this market?

Lenders are not liquidated directly, but they are exposed to borrower liquidations and possible bad debt if STEAK falls faster than liquidators can close positions. Oracle accuracy, STEAK liquidity, and utilization are therefore material risks for this STEAKUSDC market.

Is the supply APY on STEAKUSDC fixed or variable?

It is variable. The displayed 3.5% combines a utilization-sensitive base component and rewards, so both borrowing conditions and incentive terms can change the realized return.

How much of the yield comes from incentives vs interest?

3.2% is attributed to base interest and fees, while 0.3% is attributed to incentives. Rewards may decline, expire, or become less valuable, so they are less durable than interest generated by borrowing demand.

What happens to my position if utilization spikes?

A utilization spike can increase the variable supply rate but may leave less immediately available USDC for withdrawals. It can also signal crowded borrowing and greater liquidation stress, so monitor utilization and available liquidity rather than relying only on 3.5%.

Token Details

STE

STEAKUSDC

Base

Explorer ↗

Pool Details

ProtocolMorpho Blue
ChainBase
CategoryLending
Stablecoin poolYes
Tracked since6/25/2026
Data updated33m ago

Verdict from WealthVille’s multi-signal reconciliation engine. Informational only — not financial advice.

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