Steakhouse USDG High Yield

• Strategy type60

  Looped vault

• Leverage60

  Leverage figure missing on a leveraged product.

• Yield source85

  Yield comes from a leveraged position.

• Pool usage20

  Utilization unknown for a pool-based product.

• Pool size1

  ~$40.9M pool.

• Lock-up & yield stability0

  30d APR volatility 0.3pp.

What your deposit is held in, and how steady its value is.

USDG

CGCMC

• Backing model10

  USDG: fiat-backed.

• Peg history5

  USDG: worst recorded peg deviation informs this score (2 recorded event(s)).

• Issuer size7

  USDG: ~$3.2B market cap.

• Exit liquidity4

  USDG: ~$36.2M DEX depth.

• Token age33

  USDG: live since 2024.

• Freeze authority35

  USDG: issuer can freeze token accounts.

About USDG▾

Each asset in this position — what it is, how reliable it is, and any past depegs.

USDGGlobal DollarStablecoin

Low Risk

CGCMC

By Paxos. Regulated dollar stablecoin issued by Paxos (Global Dollar Network), backed by cash and short-term US Treasuries. · Live since 2024

• ·Worst deviation from $1 peg: 0.09% (tracked window).
• ·Held its peg 100.0% of the time.

Peg adherence (7d): 100.0%Worst deviation (7d): 0.018%DEX liquidity: $36.2M

Audited: Yes — Attestations

Past depeg events

• ▼ $1.65 · 2025-01-30 — 65.44% above peg, recovered source
• ▼ $1.30 · 2025-01-30 — 29.61% above peg, recovered source

Show all 5

• ▼ $0.93 · 2025-02-28 — 6.80% below peg, recovered source
• ▼ $1.05 · 2024-11-21 — 5.38% above peg, recovered source
• ▼ $1.05 · 2024-11-27 — 4.99% above peg, recovered source

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Token notes & warnings

• ›Permanent delegate — This token's owner has the ability to control this token, even if it is in your wallet
• ›Freezable — The authority's owner has the ability to freeze your token account, preventing you from further trading
• ›Mutable transfer fees — This token's transfer fees can be updated by the owner
• ›Mintable — The authority's owner has the ability to mint more tokens

Who runs it

KaminoXDocsDefiLlama

risk 23/100

The team and protocol behind this, and their track record.

Supplies your deposit into Kamino's lending reserves or automated vaults, where it earns interest from borrowers. Multiply positions loop your collateral against borrowed assets to amplify yield.

• Admin controls45

  Upgradeable behind a multisig (threshold undisclosed).

• Exploit history0

  No known exploits.

• Track record0

  Live for ~48 months.

• Price feeds35

  Single robust price feed (Scope).

• Scale0

  $1.3B TVL — battle-tested at scale.

• Safety reserves · no data40

  No disclosed treasury/insurance backstop.

• Bug bounty0

  Live bug bounty up to $1.5M.

• Audits0

  Audited (OtterSec, Sec3, Offside Labs, Certora, Ackee Blockchain).