Safe x Smokehouse USDC
View on MorphoShare token price
1M return (ann)
▲ 4.4%
Total value locked
$5.0M
peak $9.1M
3M Sharpe
24.1
3M volatility
0.2%
Other metrics
3M Sharpe
24.1
3M volatility
0.2%
Age
0.6 years
Deposit events
934
Protocol Technical Risk
Lockup period
No lockup
Denomination
Returns
| 1 month | 3 month | Lifetime | |
|---|---|---|---|
| Gross | 4.4% ann 0.4% abs | 5.0% ann 1.2% abs | 6.1% ann 3.7% abs |
| Net | 4.4% ann 0.4% abs | 5.0% ann 1.2% abs | 6.1% ann 3.7% 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 | #407 | #335 | #361 | #314 | #314 | #354 |
| Ranking on Ethereum | #245 | #195 | #214 | #198 | #203 | #222 |
| Ranking on Morpho | #155 | #112 | #121 | #94 | #89 | #93 |
| CAGR (net) | 3.3% | 4.4% | 5.0% | 6.0% | 6.1% | 6.1% |
| CAGR (gross) | 3.3% | 4.4% | 5.0% | 6.0% | 6.1% | 6.1% |
| Returns (net) | 0.1% | 0.4% | 1.2% | 3.0% | 3.7% | 3.7% |
| Returns (gross) | 0.1% | 0.4% | 1.2% | 3.0% | 3.7% | 3.7% |
| Sharpe ratio | 31.05 | 24.50 | 24.13 | 22.62 | 19.52 | 19.52 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | 0.2% |
| TVL low | $4.95M | $4.95M | $4.95M | $3.03M | $1.00 | $1.00 |
| TVL high | $4.96M | $5.03M | $6.86M | $9.06M | $9.06M | $9.06M |
| Share price start (USDC) | 1.03599 | 1.03299 | 1.02422 | 1.00686 | 1.00001 | 1.00001 |
| Share price end (USDC) | 1.03664 | 1.03664 | 1.03664 | 1.03664 | 1.03664 | 1.03664 |
| Period start | 2026-01-12 | 2025-12-20 | 2025-10-21 | 2025-07-23 | 2025-01-24 | 2025-06-11 |
| Period end | 2026-01-19 | 2026-01-19 | 2026-01-19 | 2026-01-19 | 2026-01-19 | 2026-01-19 |
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 | 4,954,212.714 USDC |
| Peak TVL | 9,061,886.617 USDC |
| Last share price | 1.037 USDC |
| Last updated | 2026-01-19 00:00:00 UTC |
| Last updated block | 24,265,367 |
| Data starts | 2025-06-11 00:00:00 UTC |
| Fee mode | internalised_skimming |
| Fees internalised | Yes |
| Features | euler_earn_like, morpho_like |
| Flags | --- |
| Deposit events | 934 |
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