Morpho Watch

Gauntlet EURC Prime on Arc

V2

A Morpho V2 vault on Arc that lends out EURC deposits, curated by Gauntlet. Depositors earn 1.97% a year right now after a 0% performance fee.

Data from Morpho's API · updated

Net APY

1.97%

after fees, paid to depositors

30-day APY

1.94%

7-day 2.00%, from the share price

Deposits

$9.8K

8.90K EURC

Withdrawable now

$1.00

0% of deposits

Performance fee

0%

of the interest earned

Depositors

20

largest holds 100.5%

Earnings calculator

Gauntlet EURC Prime APY history

Net APY earned each day, from the vault's share price: after fees, without token rewards

Deposits over time

Where the money goes

The markets this vault lends to right now, largest first

MarketLentShareSupply APYUtilizationCap
cirBTC / EURCLLTV 86% $9.9K 100.0% 1.97% 90.4% –
Idle cashnot lent out $1.00 0.0% – – –

The curator decides which markets the vault may use and how much it may put in each (the cap). Allocators then move money between those markets within the caps. How vaults work.

What the loans are backed by

Share of this vault's lending by the collateral borrowers put up

cirBTC100.0%

Returns over time

Net APY actually earned over each period, from the share price: after fees, without token rewards

Last day1.99%
Last 7 days2.00%
Last 30 days1.94%
Last 90 days0.51%

Who controls this vault

CuratorGauntlet
Owner0x5a4E…d4D04-of-7 multisig
Timelock to raise a cap7 dayswait before more can go into a market
Timelock to add an adapter7 dayswait before a new kind of investment
Timelock to raise fees1 day
Allocators1addresses that move money between markets
Sentinels4can pull money back or cut caps in an emergency
CreatedJune 11, 2026

Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.

Details

Deposit assetEURCprice $1.1047
Vault versionMorpho Vault V2
APY before fees1.97%
Vault contract0x0586…50B9
EURC token0xbEf5…21c1
NetworkArc

The curator's description: "A conservative vault curated by Gauntlet that seeks competitive risk-adjusted yield by allocating EURC across large-cap collateral markets and high-liquidity yield sources."

Largest depositors

20 addresses hold shares in this vault

AddressDepositShare of vault
0x6194…f18d$9.9K100.5%
0xc6F7…E91c$3.000.0%
0x0ec2…8c0D$3.000.0%
0x853b…896b$2.000.0%
0x5538…D33f$2.000.0%
0x0000…dEaD$1.000.0%
0x44D1…E137$1.000.0%
0x69F1…BE59$1.000.0%
0xbdC2…A50E$1.000.0%
0x5338…82c3$1.000.0%

When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.

About Gauntlet EURC Prime

Gauntlet EURC Prime is a Morpho V2 vault on Arc, created on June 11, 2026. It takes EURC deposits and lends them to borrowers in 1 Morpho market. The curator, Gauntlet, decides which markets it may use and how much can go into each.

It holds $9.8K (8.90K EURC) from 20 depositors and pays a net APY of 1.97% after its 0% performance fee. Over the last 30 days depositors actually earned 1.94% a year.

Its largest position is cirBTC / EURC at 100% of its deposits. Counting every market, its loans are backed mainly by cirBTC (100%). 0% of deposits could be withdrawn right now.

Adding a market or raising how much can go into one waits behind a timelock of 7 days, which gives depositors time to leave first. The owner is a 4-of-7 multisig wallet. Morpho's app shows no warnings for this vault.

Gauntlet EURC Prime: quick answers

What is the APY of Gauntlet EURC Prime on Arc?

Gauntlet EURC Prime pays 1.97% net APY right now, after its fees. Measured from the growth of its share price, it paid 1.94% over the last 30 days. The rate changes every day with what its borrowers pay.

What does Gauntlet EURC Prime lend against?

It lends EURC through 1 Morpho market. The biggest is cirBTC / EURC with 100% of its deposits. Overall its loans are backed mainly by cirBTC (100%).

Can I withdraw from Gauntlet EURC Prime right now?

About $1.00 of its $9.8K in deposits (0%) could be withdrawn immediately. The rest is lent out and frees up as borrowers repay or as higher rates bring in new lenders.

Who runs Gauntlet EURC Prime and what does it charge?

Gauntlet curates it. It keeps 0% of the interest earned as a performance fee. The net APY shown is after these fees.

What are the risks of Gauntlet EURC Prime?

Like every Morpho vault, it can lose money if a borrower's collateral crashes faster than it can be liquidated, if a price oracle fails, or through a smart contract bug. Withdrawals can wait when its markets are fully borrowed. Adding a market or raising a cap waits behind a timelock of 7 days. This is not advice.

Other EURC vaults

The same deposit asset, other curators and networks

All EURC options →
Vault Deposits Net APY 30‑day APY Fee Withdrawable
Steakhouse Prime EURCV2Steakhouse Financial · Base · $2.66M $2.66M2.41M EURC 6.53% 3.53% 5% $365K
Gauntlet EURC BalancedV2Gauntlet · Base · $2.01M $2.01M1.82M EURC 6.88% 3.45% 0% $365K
Steakhouse EURCSteakhouse Financial · Base · $1.29M $1.29M1.17M EURC 6.53% 3.55% 5% $377K
Gauntlet EURC CoreGauntlet · Ethereum · $1.12M $1.12M1.01M EURC 2.11% 2.42% 10% $336K
Steakhouse Prime EURCV2Steakhouse Financial · Ethereum · $1.07M $1.07M971.09K EURC 2.41% 2.72% 0% $219K
Moonwell Flagship EURCAnthias Labs · Base · $797K $797K721.33K EURC 5.45%incl. 0.09% rewards 2.55% 15% $152K
Galaxy EURCV2Galaxy Curation · Arc · $558K $558K504.97K EURC 1.18% 1.16% 0% $348K