Gauntlet eUSD Core

deposits closed

eUSD·Ethereum·curated by Gauntlet

APY5.07%+0.91% vs 30d

TVL$442.98K

Risk score42/ 100

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

What this vault actually does

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

Cap-weighted utilization is 93.5%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.

Weighted LLTV across markets is 86.0%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.

Loading vault…