Gauntlet USDC Prime (gtUSDCp) stablecoin analytics
gtUSDCp is the Gauntlet-curated MetaMorpho V2 vault for USDC, an ERC-4626 wrapper compounding USDC lending yield across permissioned Morpho markets.
Static Profile
Static stablecoin profile
Gauntlet USDC Prime (gtUSDCp) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
Variant Relationship
Gauntlet USDC Prime (gtUSDCp) 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 Jun 12, 2026
Gauntlet USDC Prime is a MetaMorpho V2 vault that turns USDC into a curated lending exposure across permissioned Morpho Blue markets. The wrapper is immutable and deposit-backed, but the risk is actively curated: Gauntlet sets and updates allocations across markets backed by...
AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026
- Collateral
- USDC deposited into a Gauntlet-curated MetaMorpho V2 vault on Morpho Blue; the curator allocates across permissioned USDC lending markets backed by blue-chip crypto and real-world asset collateral
- Peg Mechanism
- ERC-4626 MetaMorpho V2 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.
Snippet Answer
Is gtUSDCp safe?
Pharos does not mark gtUSDCp as absolutely safe. Static metadata says Gauntlet USDC Prime 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 gtusdcp-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 Jun 12, 2026.
gtUSDCp quick answers
What is Gauntlet USDC Prime (gtUSDCp)?
gtUSDCp is the Gauntlet-curated MetaMorpho V2 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 V2 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 gtUSDCp?
Pharos classifies gtUSDCp backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into a Gauntlet-curated MetaMorpho V2 vault on Morpho Blue; the curator allocates across permissioned USDC lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured.
Can gtUSDCp 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 gtUSDCp, when applicable, appear in the dossier below.