CARRYWORKS
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Global Dollar (USDG)

Steakhouse USDG passthrough

cwUSDGStablecoin lendingUSDG denominated87% out
Vault

0x7A31c4E0…5B180aC4

On the explorer

Sample market. The factory is not deployed, so nothing below was read from a chain.

APY since launch
43.25%
Total value
1.28M USDG
Price per share
1.0412
USDG
Depositors
318
Price per share
since launch · Jul 26, 2026

LAUNCHNOW1.0 USDG
Price per share since launch, 1.0412 USDG now.
The strategy

Stablecoin lending

Supplies into the Steakhouse USDG vault and holds nothing back. Whatever that vault accrues comes home when anyone calls collect — I do not touch the rate and I cannot.

Creator
0x9bCe…b5A4
Strategy
Steakhouse USDG adapter · 0xBeEf…09dd
Capital right now

Idle in the vault
164,300 USDG
At the strategy
1.12M USDG
Deploy ceiling
90%
Deposit cap

uncapped

A withdrawal larger than the idle balance reverts. It does not queue, and nothing here pretends otherwise.

Market terms

Asset
USDG
Share token
cwUSDG
Deploy ceiling
90%
Strategy address
0xBeEf…09dd
Performance fee
10% of carry
Works' share of the fee
20% of it
Deposit cap
uncapped
Lifetime deposits
1.4M USDG
Lifetime withdrawals
189,460 USDG
Lifetime carry
51,240 USDG
Shares outstanding
1.23M
Opened
Jul 26, 2026 · 41d ago
Owner
none — the vault cannot be paused or upgraded
Activity

EventDetailAmountWhen
Deposit0x41c9…8Ee212,000 USDG34m
Reportgain recognised1,284 USDG3h
Collectedprincipal + carry from adapter84,000 USDG3h
Withdraw0xC0aB…41d75,400 USDG10h
Deployedto Steakhouse USDG adapter150,000 USDG1d
Deposit0x18Fa…9b03150,000 USDG1d