Smokehouse USDC
View on MorphoShare token price
1M return (ann)
▲ 5.5%
Total value locked
$96.2M
peak $311.5M
3M Sharpe
42.4
3M volatility
0.1%
Other metrics
3M Sharpe
42.4
3M volatility
0.1%
Age
1.1 years
Deposit events
103,577
Protocol Technical Risk
Lockup period
No lockup
Denomination
Returns
| 1 month | 3 month | Lifetime | |
|---|---|---|---|
| Gross | 5.5% ann 0.4% abs | 6.5% ann 1.6% abs | 8.2% ann 9.3% abs |
| Net | 5.5% ann 0.4% abs | 6.5% ann 1.6% abs | 8.2% ann 9.3% abs |
Fees
| Management | Performance | Deposit | Withdraw | |
|---|---|---|---|---|
| Gross | 0.0% | 0.0% | 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 | #201 | #224 | #207 | #224 | #239 | #198 |
| Ranking on Ethereum | #124 | #144 | #131 | #135 | #148 | #119 |
| Ranking on Morpho | #64 | #57 | #57 | #58 | #58 | #38 |
| CAGR (net) | 5.4% | 5.5% | 6.5% | 7.2% | 6.9% | 8.2% |
| CAGR (gross) | 5.4% | 5.5% | 6.5% | 7.2% | 6.9% | 8.2% |
| Returns (net) | 0.1% | 0.4% | 1.6% | 3.5% | 6.8% | 9.3% |
| Returns (gross) | 0.1% | 0.4% | 1.6% | 3.5% | 6.8% | 9.3% |
| Sharpe ratio | 75.09 | 100.99 | 42.43 | 55.70 | 54.58 | 30.84 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% |
| TVL low | $96.17M | $96.17M | $69.03M | $49.45M | $45.08M | $1.00 |
| TVL high | $135.31M | $136.01M | $311.55M | $311.55M | $311.55M | $311.55M |
| Share price start (USDC) | 1.09205 | 1.08839 | 1.07626 | 1.05656 | 1.02324 | 1.00001 |
| Share price end (USDC) | 1.09316 | 1.09316 | 1.09316 | 1.09316 | 1.09316 | 1.09316 |
| Period start | 2026-01-17 | 2025-12-25 | 2025-10-26 | 2025-07-28 | 2025-01-29 | 2024-12-07 |
| Period end | 2026-01-24 | 2026-01-24 | 2026-01-24 | 2026-01-24 | 2026-01-24 | 2026-01-24 |
Technical Details
| Vault name | Smokehouse USDC |
| Vault address | 0xbeefff209270748ddd194831b3fa287a5386f5bc |
| Chain | Ethereum (1) |
| Denomination | USDC (0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48) |
| Share token | bbqUSDC (0xBEeFFF209270748ddd194831b3fa287a5386f5bC) |
| Protocol | Morpho |
| Homepage | View vault on protocol website |
| Current TVL | 96,170,768.228 USDC |
| Peak TVL | 311,546,682.085 USDC |
| Last share price | 1.093 USDC |
| Last updated | 2026-01-24 00:00:00 UTC |
| Last updated block | 24,307,067 |
| Data starts | 2024-12-07 00:00:00 UTC |
| Fee mode | internalised_skimming |
| Fees internalised | Yes |
| Features | euler_earn_like, morpho_like |
| Flags | --- |
| Deposit events | 103,577 |
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