Osero x Gauntlet USDC Prime on Base
V2A Morpho V2 vault on Base that lends out USDC deposits, curated by Gauntlet. Depositors earn 4.51% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
4.51%
after fees, paid to depositors
30-day APY
–
the vault is younger than 30 days
Deposits
$1.00
1.02 USDC
Withdrawable now
$1.00
100% of deposits
Performance fee
0%
of the interest earned
Depositors
–
addresses holding shares
Osero x Gauntlet USDC Prime 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 |
|---|---|---|
| cbBTC / USDCLLTV 86% | $1.00 | 100.0% |
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
| cbBTC | 100.0% |
|---|
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 4.46% |
|---|---|
| Last 7 days | 5.38% |
Who controls this vault
| Curator | Gauntlet |
|---|---|
| Owner | 0x5528…e19F |
| Created | November 4, 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 | 4.51% |
| Vault contract | 0x8c1e…c651 |
| USDC token | 0x8335…2913 |
| Network | Base |
About Osero x Gauntlet USDC Prime
Osero x Gauntlet USDC Prime is a Morpho V2 vault on Base, created on November 4, 2026. It takes USDC 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 $1.00 (1.02 USDC) and pays a net APY of 4.51% after its 0% performance fee.
Its largest position is cbBTC / USDC at 100% of its deposits. Counting every market, its loans are backed mainly by cbBTC (100%). 100% of deposits could be withdrawn right now.
Morpho's app shows no warnings for this vault.
Osero x Gauntlet USDC Prime: quick answers
What is the APY of Osero x Gauntlet USDC Prime on Base?
Osero x Gauntlet USDC Prime pays 4.51% net APY right now, after its fees. The rate changes every day with what its borrowers pay.
What does Osero x Gauntlet USDC Prime lend against?
It lends USDC through 1 Morpho market. The biggest is cbBTC / USDC with 100% of its deposits. Overall its loans are backed mainly by cbBTC (100%).
Can I withdraw from Osero x Gauntlet USDC Prime right now?
Yes: all of its $1.00 in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed USDC left. That can change quickly when borrowing picks up.
Who runs Osero x Gauntlet USDC 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 Osero x Gauntlet USDC 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. This is not advice.
Other USDC vaults
The same deposit asset, other curators and networks
