Vault curators emerge as a new DeFi business category Vault curators have emerged as a distinct layer in DeFi, with Steakhouse Financial alone managing ~$1.8b in deposits on Morpho. Curators allocate capital across multiple lending markets, handling strategy design, and ongoing risk monitoring on behalf of depositors. Vault curation is becoming a meaningful DeFi business category. Steakhouse's ~$1.8b in deposits exceeds the ecosystem TVL of major chains like Aptos (~$1.7b).