Deposit USDG into a managed vault that lends it out on Morpho and earns you interest.

Official links: Website (steakhouse.financial) · App (app.steakhouse.financial) · @SteakhouseFi (x.com) · Docs (steakhouse.financial) · GitHub (github.com) · DefiLlama (defillama.com)

What Steakhouse Financial does

• Deposit USDG into the Steakhouse USDG (steakUSDG) Morpho vault
• Vault lends against USDe, spUSDG and syrupUSDG collateral
• Powers Robinhood Earn in the Robinhood app; no lock-up
• Withdraw any time, subject to available liquidity

Borrowers on Morpho pay interest to the vault; Robinhood tops up yield toward a ~7% target with a Merkl incentive campaign. Steakhouse curates markets and caps.

Steakhouse Financial curates Morpho vaults, and its steakUSDG vault is the largest single deposit venue on Robinhood Chain. Depositors hold one ERC-4626 share token while Steakhouse allocates the underlying USDG across Morpho Blue markets and rebalances as rates and risk change. The curator sets caps and picks markets; depositors take that curation risk in exchange for not having to pick markets themselves.

• On Robinhood Chain since: 2026-07-01
• Team: Steakhouse Financial; co-founded by Sébastien Derivaux (ex-MakerDAO core unit lead) and Adrian Cachinero Vasiljevic (ex-Goldman Sachs, Bain).
• Token: No token
• Audits: None published

Steakhouse Financial news

• 2026-07-11 — Steakhouse vaults attract nearly 6,000 users on Robinhood Chain in first days
• 2026-07-07 — Robinhood taps Morpho to power onchain Earn product, vault curated by Steakhouse
• 2026-07-01 — Robinhood Charts a New Course Onchain, curated by Steakhouse

Steakhouse Financial contracts on Robinhood Chain

• Steakhouse USDG 0xbeeff033f34c046626b8d0a041844c5d1a5409dd

Similar projects

• Morpho Blue — Lend USDG to earn interest through curated vaults, or borrow against collateral in isolated markets.
• Longbow — Lend USDG for interest, or borrow USDG against tokenized stocks, memecoins, RWAs and NFTs.
• Spark Savings — Deposit USDG and earn interest; your savings token grows in value, with no lockup.
• Gami Labs — Deposit into professionally curated DeFi vaults; on Robinhood Chain it curates a WBTC vault on T3tris.

All Robinhood Chain projects · Lending & Credit projects