Alchemix taps Steakhouse and Morpho markets for MYT yield on Base

Alchemix announced it is working with Steakhouse and Morpho Labs to route USDC deposits into curated Morpho lending markets, giving MYT on Base a core yield foundation.

• MYT (Mix-Yield Token) is Alchemix's vault token built on Morpho Vaults V2 (ERC-4626); it holds deposits of ETH or USDC and routes them into several yield sources, per Alchemix docs.
• Steakhouse operates a suite of USDC vaults on Morpho across Ethereum and Base, allocating to blue-chip collateral and real-world-asset markets.
• Alchemix shared the announcement as a thread on X explaining why it chose Steakhouse for the integration.