Skip to content

On-chain transparency

Deblock's EURCV vault, live

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.

Data up to dateLast read · 14 Jun 2026, 13:18 · Block 25,315,969
View on Etherscan

Raw metrics

Vault overview

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

Real vault yield vs fixed rate

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.

Real vault yield (30d)3.61%
Announced fixed rate (up to 4%)4.00%
Gap-0.39%

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.

What your money could earn

Duration10 years

After 10 years

Money sitting idle (0%)€1,000+€0
With Deblock (4%)€1,480+€480

Indicative compound-interest simulation (rewards reinvested), excluding taxes, fees and yield changes. This is not a promise of gain.

Comparison

Versus money sitting at 0%?

The big difference: who keeps the yield.

Money sitting idle

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.

With Deblock

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%.

Does Deblock make money on it?

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

Evolution since launch

The vault's daily history since it was deployed (16 February 2026), reconstructed from on-chain reads.

Raw on-chain data, not smoothed.

Total value (TVL)€58,819,469
Share price (accrued yield)1.0117 EURCV

Contract data

On-chain addresses & parameters

Everything is public and verifiable on Etherscan.

Vault address0xBEeF…4fF0
Share tokentechblockEURCV
Underlying assetEURCV0x5f78…5ff2
NetworkEthereum
CuratorSteakhouse Financial
Deblock routing contract0x4d2f…E0E4

Frequently asked questions

Understanding this dashboard

How can you be sure this is Deblock's vault?

+

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.

How many accounts earn this yield, and is it 4% for everyone?

+

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.

Is the data really live?

+

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.

Is the 4% yield guaranteed?

+

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.

Is this financial advice?

+

No. This page is purely informational and educational. It is not investment advice. Do your own research before making any decision.

Understand Deblock's yield option

We explain, without jargon, how the Deblock account and its euro yield option work.

Discover the Deblock account