Gauntlet LRT Core

WETH·Ethereum·curated by Gauntlet

APY1.5%-0.21% vs 30d

TVL$3.1M

Risk score40/ 100

Paid for the risk

69% of this vault is in higher-risk collateral, earning +84 bps over a plain WETH vault.

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

What this vault actually does

The WETH Core Vault will list a range of liquid collateral markets and continuously optimize risk-adjusted yield across those 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 95.1%. 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.

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