# Deprecation of USDM vaults

**URL:** <https://forum.morpho.org/t/deprecation-of-usdm-vaults/1810>\
**Category:** SteakHouse Financial\
**Created:** [June 5, 2025, 8:08am UTC](https://forum.morpho.org/t/deprecation-of-usdm-vaults/1810 "2025-06-05T08:08:54Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![Steakhouse](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/steakhouse/32/158_2.png) [@Steakhouse](https://forum.morpho.org/u/Steakhouse)\
**Post date:** [June 5, 2025, 8:08am UTC](https://forum.morpho.org/t/deprecation-of-usdm-vaults/1810/1 "2025-06-05T08:08:54Z")

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As [announced](https://medium.com/@MountainUSDM/mountain-protocol-signs-definitive-agreement-to-be-acquired-by-anchorage-digital-716d8b35c30c) by Mountain Protocol, USDM is getting deprecated and we advise every borrowers to repay their loans and depositors to withdraw when possible to redeem.

Current borrow rates are already at 16% and will double every week until reaching 800%.

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**Author:** ![Steakhouse](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/steakhouse/32/158_2.png) [@Steakhouse](https://forum.morpho.org/u/Steakhouse)\
**Post date:** [June 7, 2025, 2:36pm UTC](https://forum.morpho.org/t/deprecation-of-usdm-vaults/1810/2 "2025-06-07T14:36:20Z")

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There is enough liquidity for all depositors to exit.

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**Author:** ![aurexav](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/aurexav/32/655_2.png) [@aurexav](https://forum.morpho.org/u/aurexav)\
**Post date:** [June 8, 2025, 3:37am UTC](https://forum.morpho.org/t/deprecation-of-usdm-vaults/1810/3 "2025-06-08T03:37:32Z")

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Hi, it seems no one can withdraw USDS. I’ve checked all recent withdrawals and they’ve all failed.

`0xB17B070A56043e1a5a1AB7443AfAFDEbcc1168D7/steakhouse-susds`

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**Author:** ![Steakhouse](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/steakhouse/32/158_2.png) [@Steakhouse](https://forum.morpho.org/u/Steakhouse)\
**Post date:** [July 7, 2025, 9:03am UTC](https://forum.morpho.org/t/deprecation-of-usdm-vaults/1810/4 "2025-07-07T09:03:54Z")

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steakUSDC vault is now fully allocated to the Idle market and will no longer be supported by @Steakhouse . Depositors should be able to withdraw.

PS: we replied to @aurexav DM within a few hours and provided him many ways to fix his problem, Morpho team was also on the case (UX issues it seems).

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**Author:** ![aurexav](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/aurexav/32/655_2.png) [@aurexav](https://forum.morpho.org/u/aurexav)\
**Post date:** [July 7, 2025, 9:20am UTC](https://forum.morpho.org/t/deprecation-of-usdm-vaults/1810/5 "2025-07-07T09:20:26Z")

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Fixed by using an old version of Morpho.