Cap

Ecosystem USDC

The Cap Ecosystem USDC Vault curated by Gauntlet is intended to optimize risk-adjusted yield across listed liquid collateral markets on Ethereum.

Overview

Allocation

Performance

Returns

Risk

Risk Disclosures

Gauntlet Curated Vaults are designed to optimize for risk-adjusted yield, programmatically allocating against liquid collateral that has cleared our due diligence, inside supply caps set by our risk models. Changes that raise exposure run through the vault's timelock, so you have notice before they take effect. Changes that cut exposure take effect at once. Yield tracks what borrowers pay for the liquidity, so it moves with demand and can fall to zero.

None of this removes risk. You may lose some or all of the assets you supply. In a severe move, collateral prices can fall faster than liquidators clear the positions behind them, and the shortfall lands in the vault as bad debt. Smart contracts can carry faults. Oracles can fail or be manipulated. When utilization runs high, withdrawal waits until borrowers repay or new liquidity arrives.

Our curation methodology and risk factor overview sets out how we assess each of these risks and what we do about them. Our VaultBook product pages document the vaults we curate. Each user confirms they have read and understood the Gauntlet Vault Disclaimer.

Gauntlet vaults are curated by Gauntlet Networks, Inc.

Ratings

Risk Curation

Activity

User Distribution

All Transactions

Market Exposure	Vault Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Supply Cap	APY	Utilization
USDCIdle Liquidity	177.31	177.31	-	-	-	-
USDCbacked bystcUSD 91.5% LLTV	0.01	0	0	$0	1.26%	100.00%
USDCbacked byPT-stcUSD-29JAN2026 91.5% LLTV	0	0	1123.91	$0	13.64%	90.97%
USDCbacked byPT-cUSD-29JAN2026 91.5% LLTV	0	0	0	$0	109.47%	100.00%

Date	Amount	Market
2026-07-11 15:23:35	+103,137.94 USDC+$103.12k	USDCIdle Liquidity
2026-07-11 15:23:35	-103,137.94 USDC-$103.12k	USDCbacked bystcUSD 91.5% LLTV
2026-04-01 13:50:23	+0.102 USDC+$0.10	USDCIdle Liquidity
2026-04-01 13:50:23	+102,013.23 USDC+$102.00k	USDCbacked bystcUSD 91.5% LLTV
2026-04-01 13:50:23	-102,013.33 USDC-$102.00k	USDCIdle Liquidity

User	Deposit	% of Deposits
	137.61 USDC$137.59	77.60%
	30.333 USDC$30.33	17.10%
	8.236 USDC$8.23	4.64%
	1.03 USDC$1.03	0.58%
	0.101 USDC$0.10	0.05%

Date	Type	Amount
2026-10-04 14:45:59	Vault Withdraw	102,960.63 USDC$102.95k
2026-05-08 12:33:47	Vault Deposit	0.01 USDC$< 0.01
2026-05-07 05:16:47	Vault Withdraw	332.288 USDC$332.27
2026-03-28 14:32:23	Vault Withdraw	3,452.65 USDC$3452.46
2026-03-25 11:18:11	Vault Withdraw	15,001.41 USDC$15.00k
2026-03-24 14:23:59	Vault Withdraw	2,073,381 USDC$2.07M
2026-03-24 14:18:59	Vault Withdraw	1,736,602.85 USDC$1.73M
2026-03-22 21:33:35	Vault Deposit	3,450.23 USDC$3450.03
2026-03-22 20:06:47	Vault Deposit	3,478,073.2 USDC$3.47M
2026-03-22 19:53:23	Vault Deposit	330,978.94 USDC$330.96k

Date	Amount	Market
2026-07-11 15:23:35	+103,137.94 USDC+$103.12k	USDCIdle Liquidity
2026-07-11 15:23:35	-103,137.94 USDC-$103.12k	USDCbacked bystcUSD 91.5% LLTV
2026-04-01 13:50:23	+0.102 USDC+$0.10	USDCIdle Liquidity
2026-04-01 13:50:23	+102,013.23 USDC+$102.00k	USDCbacked bystcUSD 91.5% LLTV
2026-04-01 13:50:23	-102,013.33 USDC-$102.00k	USDCIdle Liquidity

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

CapEcosystem USDC

Overview

Allocation

Performance

Risk

Activity

CapEcosystem USDC