Credit · Lending
Steakhouse is a risk curator: it underwrites collateral, sets loan-to-value parameters and allocates depositor stablecoins across overcollateralised lending markets, which is the economic core of a money market even though the matching engine belongs to Morpho and Euler. DefiLlama classifies it under "Risk Curators" per the DefiLlama API, but the product a depositor buys is a variable-rate overcollateralised lending position. It is the single most important non-Morpho credit actor on Robinhood Chain because it curates the vaults behind Robinhood Earn per Morpho's announcement.
Largest risk curator in DeFi lending.
Protocol TVL
$2.40B
Latest data · 15 min delay
DNS hijack April 2026 via OVH 2FA social engineering.
principal-agent concentration across roughly $1.8bn allocated.
Past incidents and how they transmitted to this network.
DNS hijack via registrar 2FA
Attackers social-engineered OVH Cloud's phone-based 2FA, modified DNS records for the main site and app subdomains and attempted a five-day domain transfer, freezing front-end deposits and withdrawals.
