Safe x Smokehouse USDC
View on MorphoShare token price
1M return (ann)
▲ 4.3%
Total value locked
$4.4M
peak $9.1M
3M Sharpe
23.4
3M volatility
0.1%
Other metrics
3M Sharpe
23.4
3M volatility
0.1%
Age
0.6 years
Deposit events
948
Protocol Technical Risk
Lockup period
No lockup
Denomination
Returns
| 1 month | 3 month | Lifetime | |
|---|---|---|---|
| Gross | 4.3% ann 0.3% abs | 4.8% ann 1.2% abs | 6.0% ann 3.3% abs |
| Net | 4.3% ann 0.3% abs | 4.8% ann 1.2% abs | 6.0% ann 3.3% abs |
Fees
| Management | Performance | Deposit | Withdraw | |
|---|---|---|---|---|
| Gross | 0.0% | 11.5% | 0.0% | 0.0% |
| Net | 0.0% | 0.0% | 0.0% | 0.0% |
About Morpho
Decentralised lending protocol with optimised interest rates and flexible vault architectures.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #287 | #363 | #370 | #320 | #314 | #355 |
| Ranking on Ethereum | #185 | #224 | #228 | #201 | #200 | #221 |
| Ranking on Morpho | #100 | #128 | #135 | #104 | #95 | #99 |
| CAGR (net) | 4.6% | 4.3% | 4.8% | 5.8% | 6.0% | 6.0% |
| CAGR (gross) | 4.6% | 4.3% | 4.8% | 5.8% | 6.0% | 6.0% |
| Returns (net) | 0.1% | 0.3% | 1.2% | 2.8% | 3.3% | 3.3% |
| Returns (gross) | 0.1% | 0.3% | 1.2% | 2.8% | 3.3% | 3.3% |
| Sharpe ratio | 67.54 | 25.33 | 23.37 | 22.85 | 22.73 | 22.73 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% |
| TVL low | $4.40M | $4.40M | $4.40M | $3.94M | $501.31K | $501.31K |
| TVL high | $4.50M | $4.98M | $6.76M | $9.06M | $9.06M | $9.06M |
| Share price start (USDC) | 1.03753 | 1.03485 | 1.02653 | 1.00999 | 1.00491 | 1.00491 |
| Share price end (USDC) | 1.03843 | 1.03843 | 1.03843 | 1.03843 | 1.03843 | 1.03843 |
| Period start | 2026-01-26 | 2026-01-03 | 2025-11-04 | 2025-08-06 | 2025-02-07 | 2025-07-11 |
| Period end | 2026-02-02 | 2026-02-02 | 2026-02-02 | 2026-02-02 | 2026-02-02 | 2026-02-02 |
Technical Details
| Vault name | Safe x Smokehouse USDC |
| Vault address | 0xbeef390d2e65d6e43a67875106d4a48f700f2832 |
| Chain | Ethereum (1) |
| Denomination | USDC (0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48) |
| Share token | safe-bbqUSDC (0xbEEf390D2e65d6E43A67875106d4A48f700F2832) |
| Protocol | Morpho |
| Homepage | View vault on protocol website |
| Current TVL | 4,446,053.525 USDC |
| Peak TVL | 9,061,886.617 USDC |
| Last share price | 1.038 USDC |
| Last updated | |
| Last updated block | 24,366,467 |
| Data starts | 2025-07-11 00:00:00 UTC |
| Fee mode | internalised_skimming |
| Fees internalised | Yes |
| Features | euler_earn_like, morpho_like |
| Flags | --- |
| Deposit events | 948 |
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