Index Coop hyETH
The Index Coop High Yield ETH Index (hyETH) is a Gauntlet curated vault that optimizes risk-adjusted yield for ETH holders by allocating deposits across high-yield lending opportunities. Gauntlet uses its expertise to actively manage allocations, targeting diverse markets with stable yields above the Lido staking rate. Deposit into the vault via the Index Coop App Site for optimal performance.
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 96.5%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.
Cap-weighted utilization is 91.7%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.