Gauntlet USDC Prime V1 (gtUSDC) stablecoin analytics
gtUSDC is the Gauntlet-curated MetaMorpho V1 vault for USDC, an ERC-4626 wrapper compounding USDC lending yield across permissioned Morpho markets.
Static Profile
Static stablecoin profile
Gauntlet USDC Prime V1 (gtUSDC) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
Variant Relationship
Gauntlet USDC Prime V1 (gtUSDC) is modeled as a strategy vault variant of USD Coin (USDC). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated May 15, 2026
gtUSDC is a Gauntlet-curated MetaMorpho V1 USDC vault, an ERC-4626 wrapper compounding lending yield across vetted Morpho Blue markets on Ethereum. Gauntlet USDC Prime V1 (gtUSDC) is the Ethereum-only V1 Morpho Prime vault curated by Gauntlet — a $145M MetaMorpho deployment...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- USDC deposited into a Gauntlet-curated MetaMorpho vault on Morpho Blue; the curator allocates across conservative USDC lending markets backed by blue-chip crypto and real-world asset collateral
- Peg Mechanism
- ERC-4626 MetaMorpho vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem vault shares for available USDC liquidity or wait for Morpho market liquidity to return
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is gtUSDC safe?
Pharos does not mark gtUSDC as absolutely safe. Static metadata says Gauntlet USDC Prime V1 uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety gtusdc-gauntlet
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
gtUSDC quick answers
What is Gauntlet USDC Prime V1 (gtUSDC)?
gtUSDC is the Gauntlet-curated MetaMorpho V1 vault for USDC, an ERC-4626 wrapper compounding USDC lending yield across permissioned Morpho markets. The static profile records its US Dollar peg mechanism as: ERC-4626 MetaMorpho vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem vault shares for available USDC liquidity or wait for Morpho market liquidity to return
What backs gtUSDC?
Pharos classifies gtUSDC backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into a Gauntlet-curated MetaMorpho vault on Morpho Blue; the curator allocates across conservative USDC lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured.
Can gtUSDC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for gtUSDC, when applicable, appear in the dossier below.