Gauntlet WETH Prime

WETH·Ethereum·curated by Gauntlet

APY2.38%+0.69% vs 30d

TVL$17.06M

Risk score40/ 100

Thin premium for the risk

16% of this vault is in higher-risk collateral, but it earns just +55 bps over a plain WETH vault — a thin premium for the added tail risk.

Plain English explanationWritten by Sharpe Finance research · model card · last update 2026-05-12

What this vault actually does

The Gauntlet WETH Prime vault aims to optimize for risk-adjusted yield across liquid staking recursive yield markets.

What breaks this vault

The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.

Weighted LLTV across markets is 95.7%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.

Vault has meaningful collateral exposure to liquid restaking tokens. A discount to ETH (>2%) propagates directly through liquidation cascades.

Loading vault…