Skip to content
Morpho Watch

GauntletVerified

Gauntlet curates 64 listed Morpho vaults holding $964.2M on 11 networks. A curator chooses which markets its vaults lend to and sets a cap for each one; depositors earn what those loans pay, minus the curator's fee.

Website ↗ · X (Twitter) ↗

Data from Morpho's API · updated

In their vaults

$964.2M

listed vaults only

Vaults

64

on 11 networks

Average net APY

4.06%

weighted by vault size

Best vault right now

7.37%

StableEarn

Gauntlet's vaults

Every listed vault Gauntlet curates, largest first. Fees are the share of interest the curator keeps.

Vaults curated by Gauntlet
Vault Deposits Net APY 30-day APY Fee Withdrawable
Gauntlet USDC PrimeGauntlet · Base · $415.1M $415.1M415.18M USDC 4.31% 4.35% 0% $177.6M
Gauntlet USDC PrimeV2Gauntlet · Base · $178.8M $178.8M178.81M USDC 4.31% 4.35% 0% $165.6M
Gauntlet USDC PrimeV2Gauntlet · Ethereum · $99.19M $99.19M99.20M USDC 4.51% 4.31% 0% $33.14M
Gauntlet WETH PrimeV2Gauntlet · Ethereum · $26.24M $26.24M9.77K WETH 1.71% 1.68% 0% $3.56M
Gauntlet USDC FrontierV2Gauntlet · Ethereum · $24.03M $24.03M24.04M USDC 5.66% 5.78% 0% $3.69M
Gauntlet USDC PrimeGauntlet · Ethereum · $23.03M $23.03M23.04M USDC 4.32% 4.25% 5% $16.54M
StableEarnV2Gauntlet · Stable · $22.08M $22.08M22.10M USDT0 7.37%incl. 1.21% rewards 5.41% 0% $5.56M
Metronome msUSD VaultGauntlet · Ethereum · $18.59M $18.59M20.95M msUSD 0.21% 0.29% 10% $16.49M
Vault Bridge WETHGauntlet · Ethereum · $17.36M $17.36M6.46K WETH 1.65% 1.49% 5% $11.99M
Vault Bridge WBTCGauntlet · Ethereum · $15.42M $15.42M183.71 WBTC 0.00% 0.00% 5% $15.42M
Gauntlet USDC RWAGauntlet · Ethereum · $10.96M $10.96M10.96M USDC 5.59% 5.60% 0% $5.31M
Uniswap ETHV2Gauntlet · Ethereum · $10.45M $10.45M3.89K WETH 1.90% 1.76% 0% $6.61M
Uniswap USDTV2Gauntlet · Ethereum · $10.41M $10.41M10.42M USDT 4.35% 3.37% 0% $5.79M
Gauntlet USDT FrontierGauntlet · Ethereum · $9.64M $9.64M9.64M USDT 4.15% 3.26% 5% $8.87M
SwissBorg Morpho USDC⚠ Invalid nameGauntlet · Ethereum · $9.15M $9.15M9.15M USDC 4.08% 3.89% 5% $9.15M
Gauntlet WETH PrimeGauntlet · Ethereum · $8.72M $8.72M3.25K WETH 1.82% 1.67% 5% $8.72M
Metronome msETH VaultGauntlet · Base · $8.42M $8.42M3.55K msETH 0.01% 0.03% 5% $8.39M
Gauntlet USDT PrimeV2Gauntlet · Ethereum · $8.13M $8.13M8.13M USDT 4.33% 3.37% 0% $4.96M
Uniswap USDCV2Gauntlet · Ethereum · $5.25M $5.25M5.26M USDC 4.53% 4.32% 0% $3.00M
Gauntlet USDC FrontierV2Gauntlet · Base · $4.61M $4.61M4.61M USDC 5.35% 5.45% 0% $1.71M
Gauntlet USDC CoreGauntlet · Ethereum · $3.79M $3.79M3.79M USDC 4.31% 4.37% 5% $3.15M
Gauntlet USDT PrimeGauntlet · Ethereum · $3.17M $3.17M3.17M USDT 4.11% 3.31% 5% $3.17M
Vault Bridge USDTGauntlet · Ethereum · $3.11M $3.11M3.11M USDT 4.10% 3.14% 5% $3.11M
Gauntlet LRT CoreGauntlet · Ethereum · $2.60M $2.60M966.24 WETH 1.75% 1.58% 10% $2.56M
Gauntlet WBTC CoreGauntlet · Ethereum · $2.55M $2.55M30.44 WBTC 0.07% 0.06% 10% $1.29M
Gauntlet DAI CoreGauntlet · Ethereum · $2.17M $2.17M2.17M DAI 6.40% 5.09% 10% $203K
Gauntlet WETH BalancedV2Gauntlet · Base · $2.07M $2.07M768.88 WETH 1.55% 1.71% 0% $904K
Index Coop hyETHGauntlet · Ethereum · $2.02M $2.02M750.20 WETH 1.75% 1.58% 10% $2.02M
Gauntlet USDCGauntlet · HyperEVM · $1.89M $1.89M1.89M USDC 3.78% 5.49% 10% $1.72M
Gauntlet USDC CoreGauntlet · Base · $1.86M $1.86M1.86M USDC 3.89% 3.92% 10% $1.80M
Gauntlet USDT FrontierV2Gauntlet · Ethereum · $1.48M $1.48M1.48M USDT 4.37% 3.80% 0% $974K
Gauntlet WETH BalancedV2Gauntlet · Ethereum · $1.27M $1.27M472.78 WETH 1.95% 1.76% 0% $1.02M
Gauntlet EURC CoreGauntlet · Ethereum · $1.22M $1.22M1.07M EURC 2.11% 2.53% 10% $464K
Gauntlet USDC PrimeV2Gauntlet · Arbitrum · $845K $845K844.76K USDC 1.98% 3.86% 0% $617K
Gauntlet USDC CoreGauntlet · Arbitrum · $774K $774K774.46K USDC 1.87% 3.42% 10% $665K
Gauntlet EURC BalancedV2Gauntlet · Base · $769K $769K675.39K EURC 2.50% 3.15% 0% $590K
Gauntlet USDC PrimeGauntlet · OP Mainnet · $739K $739K739.57K USDC 3.03% 3.97% 20% $97.4K
Compound USDC⚠ Deposit disabledGauntlet · Polygon · $682K $682K681.76K USDC 17.28% 4.57% 10% $13.9K
Gauntlet cbBTC CoreGauntlet · Base · $637K $637K7.58 cbBTC 0.34% 0.13% 10% $418K
Extrafi XLend WETH⚠ Deposit disabledGauntlet · Base · $556K $556K206.96 WETH 1.39% 1.38% 10% $313K
Gauntlet WETH CoreGauntlet · Base · $526K $526K195.78 WETH 1.83% 1.75% 10% $357K
Gauntlet USDC PrimeGauntlet · Arbitrum · $463K $463K463.14K USDC 1.93% 3.41% 10% $362K
Gauntlet eUSD Core⚠ Deposit disabledGauntlet · Ethereum · $433K $433K432.50K eUSD 2.96% 3.19% 10% $45.5K
Gauntlet USDC BalancedV2Gauntlet · Arbitrum · $374K $374K374.35K USDC 1.97% 3.88% 0% $191K
Gauntlet WETH⚠ Deposit disabledGauntlet · Unichain · $355K $355K131.99 WETH 5.26% 4.74% 10% $221K
Gauntlet USDT0 VaultGauntlet · HyperEVM · $317K $317K316.92K USD₮0 13.94% 6.88% 10% $317K
Tempo EarnV2Gauntlet · Tempo · $281K $281K282.69K pathUSD 3.49%incl. 3.21% rewards 0.15% 0% $257K
Compound WETH⚠ Deposit disabledGauntlet · Polygon · $268K $268K99.76 WETH <0.01% <0.01% 10% $267K
Bitso USDC PrimeV2Gauntlet · Base · $212K $212K212.23K USDC 4.16% 4.20% 5% $145K
Juno MXNB PrimeV2Gauntlet · Base · $210K $210K3.72M MXNB 8.00%incl. 3.29% rewards 4.62% 0% $28.6K
Gauntlet uETH VaultGauntlet · HyperEVM · $198K $198K73.59 UETH 0.03% 0.04% 10% $154K
Compound USDT⚠ Deposit disabledGauntlet · Polygon · $162K $162K162.39K USDT0 1.16% 1.35% 10% $121K
Gauntlet USDCV2Gauntlet · HyperEVM · $138K $138K138.00K USDC 3.72% 5.84% 10% $138K
Gauntlet USDTGauntlet · Katana · $111K $111K111.14K vbUSDT 0.00% 3.54% 10% $111K
Gauntlet USDC PrimeV2Gauntlet · Arc · $95.2K $95.2K95.19K USDC 0.00% <0.01% 0% $95.2K
Gauntlet USDC⚠ Deposit disabledGauntlet · Unichain · $75.0K $75.0K75.01K USDC 3.50% 3.52% 10% $43.2K
Gauntlet USDC FrontierGauntlet · Base · $65.4K $65.4K65.39K USDC 4.90% 5.03% 10% $65.4K
Gauntlet EURC CoreV2Gauntlet · Ethereum · $29.2K $29.2K25.60K EURC 2.38% 2.80% 0% $22.8K
Gauntlet WETHGauntlet · Katana · $16.6K $16.6K6.17 vbETH 0.00% 0.05% 10% $16.6K
Gauntlet USDC RWAV2Gauntlet · Ethereum · $14.3K $14.3K14.34K USDC 5.78% 6.35% 0% $14.3K
Gauntlet EURC PrimeV2Gauntlet · Arc · $10.3K $10.3K9.00K EURC 0.00% 0.00% 0% $10.3K
Gauntlet USDCGauntlet · Katana · $2.5K $2.5K2.47K vbUSDC 0.00% 2.24% 10% $2.5K
Gauntlet USDTV2Gauntlet · Katana · $715 $715714.71 vbUSDT 0.00% 3.53% 10% $715
Gauntlet USDC BalancedV2Gauntlet · Arc · $11.00 $11.0011.00 USDC 0.26% 3.17% 0% $4.00

What these vaults lend against

Money lent directly to markets, grouped by the collateral borrowers post. Higher-risk collateral usually pays more.

CollateralLent against itShareMarkets
cbBTC $625.4M65.3%9
wstETH $81.84M8.5%16
WBTC $76.26M8.0%12
Unlisted markets $44.86M4.7%31
WETH $41.42M4.3%7
AA_FalconXUSDC $31.01M3.2%1
sthUSD $16.53M1.7%2
weETH $12.30M1.3%7
cbETH $8.13M0.8%6
sUSDS $2.38M0.2%3
siUSD $2.27M0.2%1
sUSDe $2.06M0.2%4
kHYPE $1.84M0.2%2
cbXRP $1.73M0.2%1
LBTC $1.41M0.1%3
SolvBTC $1.39M0.1%1
SOL $1.00M0.1%1
cbADA $878K0.1%1
PT-sUSDD-26NOV2026 $860K0.1%1
PRIME $839K0.1%1

Gauntlet on Morpho: quick answers

How much does Gauntlet manage on Morpho?

Gauntlet curates 64 vaults listed in the Morpho app, holding $964.2M on 11 networks. The largest is Gauntlet USDC Prime on Base with $415.1M.

What do Gauntlet's Morpho vaults pay?

Weighted by size, its vaults pay 4.06% net APY right now. The best with at least $1M deposited is StableEarn on Stable at 7.37%. Rates change daily with borrowing demand.

What do Gauntlet's vaults lend against?

Mostly loans backed by cbBTC (65%), wstETH (9%) and WBTC (8%), counting money lent directly into markets. Each vault's page shows its own mix.

Which networks does Gauntlet run Morpho vaults on?

Base, Ethereum, Stable, HyperEVM, Arbitrum, Polygon, OP Mainnet, Unichain, Tempo, Katana and Arc.

How to judge a curator's vaults

Look at three things on each vault page. First, what the vault lends against: loans backed by Bitcoin or ETH are usually safer than loans backed by newer or thinly traded tokens. Second, how much cash the vault could pay out today, shown as "withdrawable": if nearly everything is lent out, withdrawals may have to wait. Third, the fee and the timelock, which is how long depositors get to react before the curator's changes take effect. Comparing curators? See the curator ranking, the best vault yields, or read what can go wrong with a vault.