Alexis

DeFi Risk Manager Chef @steakhousefi

Founder @ReaDiFi

[Alexis @Al3xis_WLL]

@SteakhouseFi Three launches that shape the DeFi ecosystem per week.
Months of work.
Years of experience.
Congrats everyone!

[Grove Finance @grovedotfinance]

The Grove Points Program is Live🦜

Grove Points opens Grove to the wider community, with 10M points available daily.

There's only one way to Enter the Grove: supply USDS or USDC through Grove Savings and accrue points.

Credit where credit is due.
https://t.co/a3VakCkshd

[Alexis @Al3xis_WLL]

Welcome Morpho V2. The time is now.

[Steakhouse Financial @SteakhouseFi]

https://t.co/V8Xx8MntdT

[Alexis @Al3xis_WLL]

Despite High Yield Market volatility and depositor withdrawals from exposed vaults managed by other curators, our Smokehouse USDC vault remains liquid

[Steakhouse Financial @SteakhouseFi]

ℹ️ No Steakhouse vault (Morpho, Turbo/Term vaults, etc) is currently exposed to Resolv (USR, wstUSR). We were not allocating to RLP.

Earlier today, we detected news that, unfortunately, Resolv had been exposed to a potential infinite mint hack. We are investigating the validity of these claims. Emergency response procedures safeguarded all exposures on all chains.

We're monitoring the situation for second-order effects and pending confirmation of impact.

[Alexis @Al3xis_WLL]

Crosschain DeFi strategies within our unique Machine.

[Steakhouse Financial @SteakhouseFi]

The USD Machine is our first deployment on Makina, aggregating all our strategies into a single deposit on Ethereum.

The Machine is designed to run autonomously and dispassionately, allocating to a range of opportunities curated by Steakhouse’s noncustodial infrastructure and underwritten by our risk management framework.

[Steakhouse Financial @SteakhouseFi]

Steakhouse has been engaged as @ResolvLabs' risk manager.

Resolv's core product, USR, is a stablecoin backed by delta-neutral positions with a dual-tranche risk structure.

The engagement covers independent economic and operational oversight with ongoing analysis and support.

[Alexis @Al3xis_WLL]

Over 5% on cbBTC

With a large safety margin against adverse market conditions

[Steakhouse Financial @SteakhouseFi]

Two separate risk dimensions to understand:

Carry risk: borrow costs on USDC are variable. When borrow rates rise above strategy yield, carry turns negative and erodes returns for as long as the inversion persists.

Collateral risk: if cbBTC price drops significantly, the position approaches its liquidation threshold. Forced exits near liquidation introduce slippage that compounds losses beyond the carry itself.

These risks operate independently. Carry can be positive while collateral risk is elevated, and vice versa

[Alexis @Al3xis_WLL]

Looks small. Think bigger.
How to read Vault Size and Liquidity?

With Morpho Vault V2 (higher yields thanks to incentives), vault size might appear a bit fragmented.

By allocating to our flagship High Yield Instant USDC Vault v2, you're depositing into a $3.84M vault that is only a portion of the broader strategy.

This deposit is routed to the exact same strategy (displayed in our app), the underlying V1 Vault, which has a total TVL of $59.07M and $26.79M in instantly available liquidity.

So your deposit is liquid and part of the broader strategy.

And that's without even mentioning the deeper size of the shared markets

[Steakhouse Financial @SteakhouseFi]

Vault strategies, at a glance:

Prime: Blue-chip onchain repo lending.
Designed for conservative allocation and high-quality collateral only.

High Yield: Wider-range collateral repo lending.
Higher return potential with broader exposure.

[Alexis @Al3xis_WLL]

@SteakhouseFi Depositors should consider moving to the Steakhouse High Yield Instant v2 Morpho vault. It's the feeder of Smokehouse ... with higher rewards, higher yield 🆙

[SebVentures @SebVentures]

gm, @SteakhouseFi just crossed the $2B deposits on @Morpho 👨‍🍳

[Alexis @Al3xis_WLL]

And that's a wrap! 🎇🥩🎇

63 new vaults on @Morpho across Ethereum & 7 additional chains
4 new vaults on @kamino to expand our @solana capabilities

@SteakhouseFi powers the decentralized stablecoin economy - and your earn products!

[Steakhouse Financial @SteakhouseFi]

https://t.co/Z8133vic9Z

[Steakhouse Financial @SteakhouseFi]

https://t.co/Z8133vic9Z

[Steakhouse Financial @SteakhouseFi]

tldr: For lenders, nothing happened.

for more background on mF-ONE, please find some more details below:

[Steakhouse Financial @SteakhouseFi]

How can you execute onchain private credit repo at an institutional scale?

We explored the issue in depth for the @MidasRWA mF-ONE token, in cooperation with @FasanaraCapital, onboarding today on @MorphoLabs thanks to Smokehouse USDC

[Grove Finance @grovedotfinance]

https://t.co/8K4VMzhV7d

[Alexis @Al3xis_WLL]

@worldofwomenxyz @nft_paris Would ❤️ it with @PopeyePuzzle
Amazing time to see Wow fam again!

[Alexis @Al3xis_WLL]

I will be i̴n̴ ̴t̴h̴e̴ ̴F̴r̴e̴n̴c̴h̴ ̴g̴o̴v̴e̴r̴n̴m̴e̴n̴t̴ in Barcelona next week, connecting with innovative leaders at one of Europe’s most prominent blockchain and finance conferences: @EBlockchainCon

Let's meet @ReaDiFi to support investors' demand for tokenized assets.

[Lezar House @LezarHouse]

GM Barcelona ! 🇪🇸

With @Kiln_finance and @InterCellar_, we proudly invite you for a special Web3 Gallery night at @LezarHouse !

📆 Sept 25th, 8pm-midnight

🖼️ Featuring @alexisolinart & @harto_fr

Registration 🔗👇

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