Gauntlet USDC Balanced on Arc
V2A Morpho V2 vault on Arc that lends out USDC deposits, curated by Gauntlet. Depositors earn 12.62% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
12.62%
after fees, paid to depositors
30-day APY
6.22%
7-day 8.45%, from the share price
Deposits
$209K
208.93K USDC
Withdrawable now
$209
0% of deposits
Performance fee
0%
of the interest earned
Depositors
21
largest holds 47.9%
Gauntlet USDC Balanced APY history
Net APY earned each day, from the vault's share price: after fees, without token rewards
| Day | Deposits | Net APY |
|---|
Deposits over time
Where the money goes
The markets this vault lends to right now, largest first
| Market | Lent | Share |
|---|---|---|
| syrupUSDC / USDCLLTV 91.5% | $140K | 78.0% |
| cirBTC / USDCLLTV 86% | $39.4K | 22.0% |
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
| syrupUSDC | 90.1% |
|---|---|
| cirBTC | 9.9% |
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 9.06% |
|---|---|
| Last 7 days | 8.45% |
| Last 30 days | 6.22% |
Who controls this vault
| Curator | Gauntlet |
|---|---|
| Owner | 0x5a4E…d4D04-of-7 multisig |
| Timelock to raise a cap | 3 dayswait before more can go into a market |
| Timelock to add an adapter | 7 dayswait before a new kind of investment |
| Timelock to raise fees | None |
| Allocators | 1addresses that move money between markets |
| Sentinels | 1can pull money back or cut caps in an emergency |
| Created | September 21, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | USDCprice $0.9997 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 12.62% |
| Vault contract | 0x10AF…7B51 |
| USDC token | 0x3600…0000 |
| Network | Arc |
The curator's description: "The Gauntlet USDC Balanced vault optimizes risk-adjusted yield across large and mid-cap assets and liquid yield sources balancing security and yield for a low risk profile at competitive APYs."
Largest depositors
21 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0xCC14…8a83 | $100K | 47.9% |
| 0x4f3c…E53d | $77.1K | 36.9% |
| 0x3a69…4683 | $1.0K | 0.5% |
| 0x4A32…048e | $734 | 0.4% |
| 0x88bf…600c | $10.00 | <0.01% |
| 0xF003…68E2 | $8.00 | <0.01% |
| 0x777E…A074 | $6.00 | <0.01% |
| 0xee2f…8c84 | $1.00 | <0.01% |
| 0x0000…dEaD | $1.00 | <0.01% |
| 0xb1C3…867E | $1.00 | <0.01% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Gauntlet USDC Balanced
Gauntlet USDC Balanced is a Morpho V2 vault on Arc, created on September 21, 2026. It takes USDC deposits and lends them to borrowers in 2 Morpho markets. The curator, Gauntlet, decides which markets it may use and how much can go into each.
It holds $209K (208.93K USDC) from 21 depositors and pays a net APY of 12.62% after its 0% performance fee. Over the last 30 days depositors actually earned 6.22% a year.
Its largest position is syrupUSDC / USDC at 78% of its deposits, followed by cirBTC / USDC (22%). Counting every market, its loans are backed mainly by syrupUSDC (90%) and cirBTC (10%). 0% of deposits could be withdrawn right now.
Adding a market or raising how much can go into one waits behind a timelock of 3 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 USDC Balanced: quick answers
What is the APY of Gauntlet USDC Balanced on Arc?
Gauntlet USDC Balanced pays 12.62% net APY right now, after its fees. Measured from the growth of its share price, it paid 6.22% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Gauntlet USDC Balanced lend against?
It lends USDC through 2 Morpho markets. The biggest is syrupUSDC / USDC with 78% of its deposits. Overall its loans are backed mainly by syrupUSDC (90%) and cirBTC (10%).
Can I withdraw from Gauntlet USDC Balanced right now?
About $209 of its $209K 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 USDC Balanced 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 USDC Balanced?
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 3 days. This is not advice.
Other USDC vaults
The same deposit asset, other curators and networks
