---
title: Morpho Steakhouse USDC Compounder
chain: Ethereum
chainId: 1
address: 0x074134A2784F4F66b6ceD6f68849382990Ff3215
token: USDC
tvl: $2.40M
apy_net: 4.27%
url: https://yearn.fi/vaults/1/0x074134A2784F4F66b6ceD6f68849382990Ff3215
source: https://kong.yearn.fi/api/rest/snapshot/1/0x074134A2784F4F66b6ceD6f68849382990Ff3215
canonical_data: https://kong.yearn.fi/api/rest/snapshot/1/0x074134A2784F4F66b6ceD6f68849382990Ff3215
derived_from_kong: true
generated_at: 2026-10-19T20:50:04.592Z
source_updated_at: 2026-10-19T20:18:11.000Z
cache_refreshed_at: 2026-10-19T20:30:16.355Z
---

# Morpho Steakhouse USDC Compounder (ysUSDC)

Supplies {{token}} to the corresponding [Meta Morpho](https://app.morpho.org/?network=mainnet) vault earning the underlying yield and auto-compounding all reward tokens.

**URL:** https://yearn.fi/vaults/1/0x074134A2784F4F66b6ceD6f68849382990Ff3215
**Canonical data:** https://kong.yearn.fi/api/rest/snapshot/1/0x074134A2784F4F66b6ceD6f68849382990Ff3215

This markdown is generated live from Kong REST for discovery convenience. Use the canonical JSON snapshot for current APY, TVL, strategy composition, fees, and availability.

`cache_refreshed_at`, when present, is Kong's last successful cache refresh. It does not establish when this vault's on-chain data was updated; CDN caching can delay the reported timestamp.

## Overview

| Field | Value |
|-------|-------|
| Chain | Ethereum (ID: 1) |
| Token | USD Coin (USDC) |
| Token Address | `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` |
| Vault Address | `0x074134A2784F4F66b6ceD6f68849382990Ff3215` |
| API Version | 3.0.4 |
| Kind | N/A |
| TVL | $2.40M |
| Risk Level | 1 |

## Performance

| Period | Net APY/APR |
|--------|-------------|
| Current (net APY) | 4.27% |
| Gross APR | 4.18% |
| 7-day net | 4.26% |
| 30-day net | 4.27% |
| Since inception | 6.48% |

## Fees

| Fee | Rate |
|-----|------|
| Performance | 0.00% |
| Management | 0.00% |

## Strategies

_No strategy data available._