Gauntlet WBTC Core on Ethereum
A Morpho vault on Ethereum that lends out WBTC deposits, curated by Gauntlet. Depositors earn 0.00% a year right now after a 10% performance fee.
Data from Morpho's API · updated
Net APY
0.00%
after fees, paid to depositors
30-day APY
0.00%
7-day 0.00%, from the share price
Deposits
$927K
12.90 WBTC
Withdrawable now
$927K
100% of deposits
Performance fee
10%
of the interest earned
Depositors
126
largest holds 87.4%
Gauntlet WBTC Core 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 |
|---|---|---|
| Idle cashnot lent out | $1.75M | 94.1% |
| SolvBTC / WBTCLLTV 94.5% | $109K | 5.9% |
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 | 100.0% |
|---|
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 0.00% |
|---|---|
| Last 7 days | 0.00% |
| Last 30 days | 0.00% |
| Last 90 days | 0.04% |
| Last year | 0.52% |
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 $71.9K |
|---|---|
| Vault version | MetaMorpho (V1) |
| APY before fees | 0.00% |
| 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
126 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x2E15…1392 | $811K | 87.4% |
| 0xa960…Cf83 | $420K | 45.3% |
| 0xBf9c…3278 | $96.8K | 10.4% |
| 0xDDC2…12Ff | $85.2K | 9.2% |
| 0x4c32…eAfa | $84.1K | 9.1% |
| 0xc175…cF7E | $65.8K | 7.1% |
| 0x13A9…bBfc | $64.4K | 6.9% |
| 0xaf4F…8B90 | $62.2K | 6.7% |
| 0x23cb…2b13 | $25.2K | 2.7% |
| 0x6bd1…8016 | $20.0K | 2.2% |
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 $927K (12.90 WBTC) from 126 depositors and pays a net APY of 0.00% after its 10% performance fee. Over the last 30 days depositors actually earned 0.00% a year, and 0.52% over the last year.
Its largest position is SolvBTC / WBTC at 6% of its deposits. 94% sits idle, not lent out. Counting every market, its loans are backed mainly by SolvBTC (100%). 100% 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 WBTC Core: quick answers
What is the APY of Gauntlet WBTC Core on Ethereum?
Gauntlet WBTC Core pays 0.00% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.00% 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 6% of its deposits. 94% sits idle. Overall its loans are backed mainly by SolvBTC (100%).
Can I withdraw from Gauntlet WBTC Core right now?
Yes: all of its $927K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed WBTC left. That can change quickly when borrowing picks up.
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. Adding a market or raising a cap waits behind a timelock of 3 days. This is not advice.
Other WBTC vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Vault Bridge WBTCGauntlet · Ethereum · $8.40M | 0.00% |
| Wintermute Confidential WBTCV2Armitage by Wintermute · Ethereum · $5.74M | 4.80%incl. 3.63% rewards |
