Prepare the graham cracker base by mixing crushed graham crackers with melted butter in a bowl.

In another bowl, beat softened cream cheese with powdered sugar and vanilla extract until smooth and fluffy.

Gently fold in the whipped topping to the cream cheese mixture until light and airy.

In a baking dish, layer half of the graham cracker mixture, followed by half of the cream cheese mixture and half of the sliced strawberries.

Repeat the layers with the remaining ingredients.

Cover and refrigerate for at least 4 hours or overnight before serving.