Ethena x Steakhouse USDC
A live Morpho V2 vault, read straight off Base: every deposit, allocation, interest accrual and config change since it launched on 2026-06-12.
Vault anatomy
the settings a new vault has to choose, shown for one that is liveTVL
USDC, dailyShare price
USDC per share, dailyDeposits vs withdrawals
USDC, weeklyWhere the USDC is deployed
Morpho Blue market, weekly| Market (collateral / loan, LLTV) | Now | Share |
|---|
Top depositors
by share balance| Address | Label | Value (USDC) | % of shares | First deposit | Net flow 30d |
|---|
Peer Morpho V2 USDC vaults on Base
by TVL| # | Vault | Curator | TVL | Created |
|---|
Recent depositor flows
newest first| Time (UTC) | Event | Account | USDC |
|---|
Governance & risk timeline
every config change, newest first · UTC| Time | Event | What changed | Tx |
|---|
Every ethenaUSDC event, as it happens
One Beam pipeline watches the vault address on Base and pushes each decoded event to this page within seconds of the block.
Live event tape
newest firstWatched vaults
two pipelines, one webhookEach pipeline filters on a set of addresses, so another vault of the same type joins by adding one value. Both deliver to the same signed webhook, which routes events by address.
Stream definition
source:
chain: base
entity: decoded_log
filter:
redis_set_filter:
field: this.address
values:
- 0xbeeff0be…739e
transform: v8 # keep all events
sink:
webhook: https://truss.allium.page
/api/beam-webhook
auth: HMAC-SHA256 signedTruss Vault
Every event from the vault as it happens. Deposits arrive as requests, get filled in a settlement, then the USDC moves to a sub-account.
Live event tape
newest firstRequest lifecycle
deposit and redeem requests| Request | Type | Amount | State | Time to fill |
|---|
Each DepositRequest or RedeemRequest is matched to the RequestFilled, RequestCancelled or RequestSkipped with the same request id.
Vault setup
from its own eventsWhy raw logs
Allium's decoded logs name this vault's standard events (Transfer, Deposit, DepositRequest) but not its custom ones (Settled, RequestFilled, SubAccountAdded and 5 more seen so far). So this stream takes raw logs and decodes them with the vault's verified ABI: 33 event signatures, all 12 seen on-chain so far matched.