Gauntlet eUSD Core
The eUSD Vault will list a range of liquid collateral markets and continuously optimize risk-adjusted yield across those collateral markets.
What you are actually getting paid for, expressed as a share of net APY.
Interest paid by borrowers on Morpho Blue markets the vault supplies into.
Estimated boost from Morpho-side rewards programs and curator rebates active on these markets.
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 86.0%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.
Every market relies on an external price feed. A stale or manipulated feed can mis-price collateral and produce unrecoverable bad debt.
What this vault is actually exposed to — including dependencies that are not visible from the strategy name.
Every market the vault has supplied into, with current LTV, LLTV, oracle, and IRM. Idle balances are listed explicitly.
Modeled NAV impact under historical and hypothetical tail events. Each impact = − (shock magnitude) × (vault exposure) × (pass-through). Hover the calculator icon for the per-scenario formula.
Tail-case: a vulnerability surfaces in Morpho Blue that affects the vault's largest single market (92% of TVL). Modeled at 50% loss on that exposure; full vault is not assumed at risk since markets are isolated.
Curator routes into a market that develops bad debt or an oracle break. Worst single position is 92.4% of TVL; top-3 concentration is 100%. Modeled at 50% bad-debt recovery on the worst position.
Curator and parameter changes detected by VaultScope's snapshot diff. Refreshed every 6 hours.
180 trailing days. APY, TVL, utilization, and an APY drawdown view to show how the vault has actually behaved — not just where it sits today.