The largest stablecoin in the world has never been fully audited.
The largest stablecoin in the world has never been fully audited.
49% of this vault sits in exotic / elevated-risk collateral, yet it earns 4% on USDC versus 4% for a plain USDC vault (+0 bps). You're not being paid for the extra risk.
The Gauntlet USDC Prime vault aims to optimize for risk-adjusted yield by allocating across large market cap assets and high liquidity yield sources. The vaults risk strategy follows the Gauntlet Prime conservative framework whereby we curate supply to manage security and yield to provide a low risk profile at competitive APYs.
Morpho V2 vault — wraps downstream Morpho markets and V1 vaults via adapters.
Some V2 adapters point at Morpho Blue markets directly; their underlying market detail isn't resolvable in the universe-level fetch, so this vault carries a V2 opacity surcharge in the risk model.