Gauntlet WBTC Core
A Morpho vault on Ethereum that lends out WBTC deposits, curated by Gauntlet. Depositors earn 0.07% a year right now after a 10% performance fee.
Data from Morpho's API · updated
Net APY
0.07%
after fees, paid to depositors
30-day APY
0.06%
7-day 0.06%
Deposits
$2.55M
30.44 WBTC
Withdrawable now
$1.29M
51% of deposits
Performance fee
10%
of the interest earned
Depositors
127
largest holds 33.4%
Gauntlet WBTC Core APY history
Net APY earned each day, measured from the vault's share price
| Day | Deposits | Net APY |
|---|
Deposits over time
Where the money goes
The markets this vault lends to right now, largest first
| Market | Lent | Share |
|---|---|---|
| SolvBTC / WBTCLLTV 94.5% | $1.40M | 54.6% |
| Idle cashnot lent out | $1.16M | 45.4% |
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
| SolvBTC | 54.6% |
|---|---|
| Other | 45.4% |
Returns over time
Net APY actually earned over each period, from the share price
| Last day | 0.07% |
|---|---|
| Last 7 days | 0.06% |
| Last 30 days | 0.06% |
| Last year | 0.57% |
| Since the vault started | 0.69% |
Who controls this vault
| Curator | Gauntlet |
|---|---|
| Owner | 0xC684…fAec4-of-7 multisig |
| Guardian | 0x7084…84cD |
| Timelock | 3 dayswait before risky changes take effect |
| Allocators | 2addresses that move money between markets |
| Pending changes | 1SetCap from May 15, 2026 |
| Created | August 6, 2024 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | WBTCprice $83.9K |
|---|---|
| Vault version | MetaMorpho (V1) |
| APY before fees | 0.07% |
| Public allocator | Onborrowers can pull liquidity between this vault's markets |
| Vault contract | 0x443d…f9b2 |
| WBTC token | 0x2260…C599 |
| Network | Ethereum |
The curator's description: "The WBTC Core Vault will list a range of liquid collateral markets and continuously optimize risk-adjusted yield across those markets. This vault targets a higher risk level than Gauntlet's Prime Vaults."
Largest depositors
127 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x2E15…1392 | $852K | 33.4% |
| 0xa960…Cf83 | $845K | 33.1% |
| 0xBf9c…3278 | $102K | 4.0% |
| 0xDDC2…12Ff | $89.5K | 3.5% |
| 0x4c32…eAfa | $88.4K | 3.5% |
| 0xc175…cF7E | $69.1K | 2.7% |
| 0x13A9…bBfc | $67.7K | 2.6% |
| 0xaf4F…8B90 | $65.4K | 2.6% |
| 0x6946…7E9D | $52.3K | 2.0% |
| 0x3598…dcE7 | $42.1K | 1.6% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Gauntlet WBTC Core
Gauntlet WBTC Core is a MetaMorpho vault (Morpho V1) on Ethereum, created on August 6, 2024. It takes WBTC 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 $2.55M (30.44 WBTC) from 127 depositors and pays a net APY of 0.07% after its 10% performance fee. Over the last 30 days depositors actually earned 0.06% a year, and 0.57% over the last year.
Its largest position is SolvBTC / WBTC at 55% of what it lends. Counting every market, its loans are backed mainly by SolvBTC (55%) and Other (45%). 51% of deposits could be withdrawn right now.
Risky changes, such as adding a market, wait behind a 3-day timelock, 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 WBTC Core: quick answers
What is the APY of Gauntlet WBTC Core on Ethereum?
Gauntlet WBTC Core pays 0.07% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.06% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Gauntlet WBTC Core lend against?
It lends WBTC through 1 Morpho market. The biggest is SolvBTC / WBTC with 55% of its lending. Overall its loans are backed mainly by SolvBTC (55%) and Other (45%).
Can I withdraw from Gauntlet WBTC Core right now?
About $1.29M of its $2.55M in deposits (51%) 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 WBTC Core and what does it charge?
Gauntlet curates it. It keeps 10% of the interest earned as a performance fee. The net APY shown is after these fees.
What are the risks of Gauntlet WBTC Core?
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. Changes to it wait behind a 3-day timelock. This is not advice.
Other WBTC vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Vault Bridge WBTCGauntlet · Ethereum · $15.41M | 0.00% |
| Wintermute Confidential WBTCV2Armitage by Wintermute · Ethereum · $602K | 5.00%incl. 3.12% rewards |