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Morpho Watch

Vault Bridge WBTC

A Morpho vault on Ethereum that lends out WBTC deposits, curated by Gauntlet. Depositors earn 0.00% a year right now after a 5% 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%

Deposits

$15.41M

183.71 WBTC

Withdrawable now

$15.41M

100% of deposits

Performance fee

5%

of the interest earned

Depositors

22

largest holds 100.2%

Open in the Morpho app ↗Earnings calculator

Vault Bridge WBTC APY history

Net APY earned each day, measured from the vault's share price

Deposits over time

Where the money goes

The markets this vault lends to right now, largest first

MarketLentShareSupply APYUtilizationCap
Idle cashnot lent out $15.45M 100.0% – – No limit
cbBTC / WBTCLLTV 94.5% · not listed in the Morpho app $704 <0.01% 0.00% 0.1% $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

Other100.0%

Returns over time

Net APY actually earned over each period, from the share price

Last day0.00%
Last 7 days0.00%
Last 30 days0.00%
Last year0.02%
Since the vault started0.03%

Who controls this vault

CuratorGauntlet
Owner0xC684…fAec4-of-7 multisig
Guardian0x7084…84cD
Timelock3 dayswait before risky changes take effect
Allocators2addresses that move money between markets
CreatedMay 15, 2025

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

Details

Deposit assetWBTCprice $83.9K
Vault versionMetaMorpho (V1)
APY before fees0.00%
Public allocatorOnborrowers can pull liquidity between this vault's markets
Vault contract0x812B…7427
WBTC token0x2260…C599
NetworkEthereum

The curator's description: "The WBTC Vault Bridge will list a range of liquid collateral markets and continuously optimize risk-adjusted yield across those markets."

Largest depositors

22 addresses hold shares in this vault

AddressDepositShare of vault
0x2C24…374F$15.44M100.2%
0x02cc…7318$11.8K0.1%
0xd3B6…38B6$833<0.01%
0xC55b…280A$125<0.01%
0x3470…b1b2$33.00<0.01%
0xf200…b96B$13.00<0.01%
0x52EA…D4D4$13.00<0.01%
0xDD8c…5650$9.00<0.01%
0xE01d…c586$8.00<0.01%
0xF463…afB9$8.00<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 Vault Bridge WBTC

Vault Bridge WBTC is a MetaMorpho vault (Morpho V1) on Ethereum, created on May 15, 2025. 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 $15.41M (183.71 WBTC) from 22 depositors and pays a net APY of 0.00% after its 5% performance fee. Over the last 30 days depositors actually earned 0.00% a year, and 0.02% over the last year.

Its largest position is cbBTC / WBTC at <0.01% of what it lends. Counting every market, its loans are backed mainly by Other (100%). 100% 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.

Vault Bridge WBTC: quick answers

What is the APY of Vault Bridge WBTC on Ethereum?

Vault Bridge WBTC 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 Vault Bridge WBTC lend against?

It lends WBTC through 1 Morpho market. The biggest is cbBTC / WBTC with <0.01% of its lending. Overall its loans are backed mainly by Other (100%).

Can I withdraw from Vault Bridge WBTC right now?

Yes: all of its $15.41M 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 Vault Bridge WBTC and what does it charge?

Gauntlet curates it. It keeps 5% of the interest earned as a performance fee. The net APY shown is after these fees.

What are the risks of Vault Bridge WBTC?

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

All WBTC options →
Vault Deposits Net APY 30-day APY Fee Withdrawable
Gauntlet WBTC CoreGauntlet · Ethereum · $2.55M $2.55M30.44 WBTC 0.07% 0.06% 10% $1.29M
Wintermute Confidential WBTCV2Armitage by Wintermute · Ethereum · $602K $602K7.18 WBTC 5.00%incl. 3.12% rewards 0.92% 0%+0.4% a year $74.2K