EURC
Morpho · Curated by Steakhouse · Base
Frequently Asked Questions
What is the current APY for EURC?
The current spot APY for EURC on Morpho (Base) is 1.26%. The 30-day average APY is 1.35%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in EURC?
The total value locked (TVL) in EURC is $4.9M. TVL measures the total EURC assets currently deposited in this vault.
Does the EURC yield include token rewards?
No. Earnbase tracks on-chain APY only, derived from the vault's exchange rate changes over time. External incentives, token rewards, points programs, and liquidity mining bonuses are not included in the reported APY.
Who curates EURC?
EURC is curated by Steakhouse. Curators set the risk parameters, asset allocations, and rebalancing strategy for the vault. They are responsible for selecting which lending markets or protocols receive deposits. You can view all strategies curated by Steakhouse on the Steakhouse curator page on Earnbase.
Compare with Other EURC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| EURC Core | Morpho | Mainnet | 11.67% | $5.3M |
| DeTrade Core EURC | Lagoon | Base | 6.08% | $140.8K |
| 9Summits Flagship EURC | Lagoon | Ethereum | 3.02% | $700.9K |
| Core Vault | YO | Base | 2.28% | $1.4M |
| EURC Moonwell Autocompounder | Harvest | Base | 2.23% | $24.4K |
| V3 | Aave | Mainnet | 1.74% | $31.0M |
| baseEUR Autopool | Tokemak | Base | 1.60% | $281.4K |
| EURC Lending | Fluid | Base | 1.51% | $2.2M |
| EURC Core | Morpho | Base | 1.24% | $3.1M |
| V3 | Aave | Base | 1.09% | $9.7M |
More Morpho Strategies
EURC
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Yield Overview
EURC is a EURC yield strategy on Morpho, curated by Steakhouse. It currently generates 1.26% APY (24h) with a 30-day average of 1.35%. The vault holds $4.9M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by Steakhouse · Base
Market Benchmarking
Within the EURC ecosystem, this product ranks #9 out of 15 strategies. Its 1.26% yield is 44.8% lower than the market average of 2.29%.
How EURC Compares
EURC currently ranks #9 among 15 monitored EURC strategies. However, with a TVL of $4.9M, it holds significantly less capital than higher-TVL alternatives like V3 ($31.0M).
Ecosystem Context
Positioned within the Base ecosystem, this product's yield is 15.4% lower than the network average for EURC strategies. This strategy is curated by Steakhouse, with 17 Steakhouse strategies tracked on Earnbase across 4 networks. Within Morpho, it competes against 2 other EURC strategies. By TVL, this product ranks #2 of 12 EURC strategies on Base.
About Morpho
Morpho is a decentralized lending protocol that enables the creation of isolated lending markets and curated vaults. Earnbase tracks 105 strategies on Morpho.
EURC on Base#6 of 12
Yield Sustainability
The 24h APY of 1.26% is nearly identical to the 30-day mean, with only a 6.3% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
EURC recorded a 24h APY of 1.26% in the most recent data point. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 9.8%. The strongest 7-day period was Mar 07–Mar 13 averaging 1.72%, while the weakest was Mar 14–Mar 20 at 1.08%. Current 24h APY of 1.26% is 5.0% below the product's own 30-day average.
Weekly yields have improved for 2 consecutive weeks, with the most recent 7-day average of 1.33% representing a sustained weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 120 days, EURC's yield has shown a downward trend, with yields compressing from 1.62% to 1.09%, a 32.6% decline. The sustainability score of 92/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 120 days, EURC's total value locked has experienced a contraction, declining from $5.8M to $5.1M, a 10.9% reduction.
History
FAQ
Yield & Performance
EURC on Morpho offers a 24-hour APY of 1.26%, a 30-day average of 1.35% on EURC. Yields are variable and update daily based on protocol activity.
EURC ranks #9 out of 15 monitored EURC strategies. Its current yield of 1.26% is 44.8% below the market average of 2.29%.
Earnbase rates the yield sustainability of EURC at 92/100, classified as "Very Stable". The 24h APY of 1.26% is nearly identical to the 30-day mean, with only a 6.3% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 120 days, EURC has shown a downward yield trajectory. The average APY moved from 1.62% to 1.09%.
EURC has a yield volatility rating of "Moderate" (standard deviation: 0.76pp over 120 days). The APY has ranged from 0.18% to 5.90% in the tracked period, with an average of 1.13%.
Liquidity & TVL
EURC currently has a total value locked (TVL) of $4.9M in EURC deposits.
EURC holds $4.9M in EURC deposits. Across all 15 tracked EURC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $4.9M places it within the broader spectrum of EURC opportunities tracked on Earnbase.
By total value locked, EURC ranks #2 of 12 EURC strategies on Base. It currently holds $4.9M.
EURC's TVL is currently declining. Over the past 120 days, TVL moved from $5.8M to $5.1M, a -10.9% change. The 30-day high was $7.4M and the 30-day low was $3.7M.
Despite rising yields, capital has been flowing out. This may indicate concerns about sustainability or broader market rotation. In general, rising TVL in a lending vault can compress yields as more capital competes for the same borrow demand.
Over the past 30 days, EURC had 10 days of inflows and 19 days of outflows. The largest single-day inflow was +$1.8M (Mar 28, 2026) and the largest outflow was -$2.8M (Mar 08, 2026). Net 30-day TVL change: -23.3%.
Strategy & Access
EURC operates on the Base network and is managed by Morpho. It accepts EURC deposits. The strategy is curated by Steakhouse.
To deposit into EURC, you need EURC tokens on the Base network. Visit the Morpho platform directly to connect your wallet and make a deposit.
EURC ranks among 12 monitored EURC strategies on Base. Its yield of 1.26% is 15.4% below the Base average of 1.49%.
EURC is deployed on Morpho's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Morpho is the DeFi protocol infrastructure that EURC operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Base network.
For illustrative purposes only. Based on the current 1.26% on-chain APY for EURC. Does not include external incentives. Past performance does not guarantee future results. Actual returns may vary.
This page provides informational data aggregated from on-chain sources and is not financial advice. Always verify data directly with Morpho before depositing.
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