Total value (TVL)
€58,819,469
Shares outstanding
58.1m
TVL = total EURCV deposited. Shares = vault tokens outstanding. Share price = TVL ÷ Shares (above 1 because interest accrues).
On-chain transparency
Here, in real time and straight from the blockchain, is the euro DeFi lending vault (EURCV) that holds the deposits behind Deblock's yield option. Total value, real yield, active accounts and history — unfiltered.
Independent page (unofficial)
The vault shown is identified on-chain as "Techblock x Steakhouse EURCV": a Morpho vault (VaultV2) curated by Steakhouse Financial that holds the EURCV deposits behind Deblock's yield option. DeFi yield is variable and not guaranteed, these funds are not covered by the deposit guarantee scheme and carry technological risk. For information only, not financial advice.
Vault identified by triangulation: the on-chain contract name, Morpho's Deblock case study, the EURCV (SG-FORGE) asset, the scale (~€58M) and the deployment date (16 February 2026). Everything is verifiable on-chain via the addresses below.
Raw metrics
The vault's key variables, read straight from the blockchain in real time.
Total value (TVL)
€58,819,469
Shares outstanding
58.1m
TVL = total EURCV deposited. Shares = vault tokens outstanding. Share price = TVL ÷ Shares (above 1 because interest accrues).
Annualised yield
7 days
4.02%
30 days
3.61%
90 days
3.75%
Computed from the real growth of the share price.
Share price
1.0117 EURCV
One share is worth more than 1 EURCV because interest accrues inside it. On withdrawal, the depositor gets that excess: it belongs to them, it is not a Deblock margin. The price rises as long as the vault earns interest, and only falls on a loss.
Cumulative yield
1.17%
+€11.65 for €1,000 deposited at launch
The gain that goes to depositors since launch — not Deblock's profit.
Active accounts (7d)
36.3k
Received a vault transfer
Curator
Steakhouse Financial
Ethereum · Morpho VaultV2
How the 4% account works
Deblock offers a euro yield option: 2% per year on Standard, up to 4% per year on Premium or Native, distributed daily and enabled voluntarily. This vault is what generates the yield behind the scenes. Here is the real yield it produces, against the announced fixed rate.
When the real yield drops below 4%, Deblock covers the difference out of its own pocket to keep the announced rate.
When the vault yields more than 4%, the surplus is a cushion; when it yields less, Deblock absorbs the gap to hold the promised rate.
For educational purposes. The exact rate per account — 2% on Standard, up to 4% on Premium or Native — depends on Deblock, not just on this vault.
After 10 years
Indicative compound-interest simulation (rewards reinvested), excluding taxes, fees and yield changes. This is not a promise of gain.
Comparison
The big difference: who keeps the yield.
When your money sits in an account that pays nothing, it is often placed in the background (loans, bonds, money markets), but the yield does not come back to you: you get 0%, with no view of where the money goes or what it earns.
Your euros (EURCV) are placed in this public DeFi vault. The real yield is visible above, and Deblock passes up to 4% of it back to you — even covering the gap out of its own pocket when the vault yields less than 4%.
It depends on the mix: on Standard (2%), Deblock keeps part of the gap; on Premium or Native (4%), it can break even or even chip in. The difference with an ordinary account: here, all of the real yield is verifiable on-chain.
History
The vault's daily history since it was deployed (16 February 2026), reconstructed from on-chain reads.
Raw on-chain data, not smoothed.
Contract data
Everything is public and verifiable on Etherscan.
Frequently asked questions
By triangulating several signals: the on-chain contract name ("Techblock x Steakhouse EURCV", Techblock being Deblock's entity), Morpho's official Deblock case study, the EURCV asset from SG-FORGE that Deblock uses, the Steakhouse curator and the scale (~€58M). It is a highly likely identification, verifiable on-chain — not an official confirmation from Deblock.
Tens of thousands of accounts received a transfer from this vault over the last 7 days (on-chain estimate shown above). The rate per account — 2% on Standard, up to 4% on Premium or Native — is Deblock's internal logic and is not readable on-chain; the vault only sees aggregate deposits.
Yes. It is read straight from the Ethereum blockchain (RPC calls), with about a five-minute cache. The annualised yield is computed from the real growth of the share price over 7, 30 and 90 days. You can force a refresh at any time.
No. This vault's yield is variable and depends on the market (often around 4% recently, but with no guarantee). The "4%" is the maximum rate announced by Deblock (Premium or Native), distributed daily and enabled voluntarily. These funds are not covered by the deposit guarantee scheme and carry technological risk.
No. This page is purely informational and educational. It is not investment advice. Do your own research before making any decision.
We explain, without jargon, how the Deblock account and its euro yield option work.
Discover the Deblock account