GauntletUSDT

Katana

The Gauntlet USDT Vault will list a selection of liquid collateral markets and allocate across them to optimize risk-adjusted yield.

Total Deposits

$887.81

888.12 vbUSDT

Liquidity

$887.8

888.12 vbUSDT

Exposure

Net APY

8.39

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-05-29

Curator TVL

$947.40M

Total Deposits (USD)

$887.80

Net APY

8.39%

APY Breakdown

Vault Net APY

7.65%

KAT

+0.74%

Performance Fee

10%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (vbUSDT)	Liquidity (vbUSDT)	Underlying Liquidity (vbUSDT)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
vbUSDTbacked byweETH 86% LLTV	97.2%	863.22	863.22	65.41k	92.00%	0	0%	9.15%
vbUSDTbacked byvbWBTC 86% LLTV	2.8%	24.86	24.86	22.17k	94.00%	0	0%	8.98%
vbUSDTbacked byvbETH 86% LLTV	0%	0.01	0.01	9471.86	92.00%	0	0%	10.31%
vbUSDTbacked byweETH 77% LLTV	0%	< 0.01	< 0.01	38.39k	23.22%	0	0%	0.06%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-09 10:21:10	-12,271.86 vbUSDT-$12.26k	vbUSDTbacked byvbWBTC 86% LLTV
2026-09-09 10:21:10	-11,413.74 vbUSDT-$11.40k	vbUSDTbacked byweETH 86% LLTV
2026-09-06 03:26:16	+210.776 vbUSDT+$210.70	vbUSDTbacked byweETH 86% LLTV
2026-09-06 03:26:16	-5.703 vbUSDT-$5.70	vbUSDTbacked byweETH 77% LLTV
2026-09-06 03:26:16	-205.073 vbUSDT-$205.00	vbUSDTbacked byvbWBTC 86% LLTV

1

Performance

Position Unit Price (vbUSDT)

1.007536

Returns

Instant APY

8.39%

7D APY

7.54%

30D APY

4.59%

90D APY

2.82%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0xeE18c692F4D7511D402d9EabbD42c6fB45A0cadb

Management fee recipient

0xeE18c692F4D7511D402d9EabbD42c6fB45A0cadb

Returns

Instant APY

7D APY

30D APY

90D APY

Fees

Performance fee

Management fee

Performance fee recipient

Management fee recipient

Risk

Risk Disclosures

Curator has not submitted a Disclosure.

Ratings

No ratings available for this vault.

Ratings

Vault Roles

Owner

SAFE 4/7

Curator

SAFE 3/7

Sentinel 1

0x41a5c880F165b2c891787a013803B54676B81eed

Sentinel 2

SAFE 3/7

Risk Curation

Allocator 1

0xa690308421f6160273983fd86E3f82919e6CDA21

Allocator 2

SAFE 3/7

Timelocks

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
	302.22 vbUSDT$302.11	34.02%
	188.58 vbUSDT$188.52	21.23%
	120.83 vbUSDT$120.79	13.60%
	104.26 vbUSDT$104.22	11.73%
	59.62 vbUSDT$59.60	6.71%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-09 10:21:10	Withdraw	23,685.6 vbUSDT$23.67k
2026-09-09 10:21:10	Withdraw	0.114 vbUSDT$0.11
2026-08-31 11:35:32	Withdraw	250.25 vbUSDT$250.16
2026-08-22 04:23:26	Withdraw	83.358 vbUSDT$83.32
2026-08-21 03:49:36	Deposit	250 vbUSDT$249.91
2026-08-20 06:16:48	Withdraw	19,305 vbUSDT$19.29k
2026-08-19 20:52:09	Withdraw	5,013.23 vbUSDT$5011.48
2026-08-19 13:45:52	Withdraw	2,016.22 vbUSDT$2015.51
2026-08-18 22:16:32	Withdraw	5.236 vbUSDT$5.23
2026-08-17 18:45:58	Withdraw	14,297 vbUSDT$14.29k

1

All Transactions

Deposit vbUSDT

$0

0.00 vbUSDT

Network

Katana

Deposit (vbUSDT)

0.00

APY

8.39%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Deposit vbUSDT

$0

0.00 vbUSDT

Network

Katana

Deposit (vbUSDT)

0.00

APY

8.39%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Position Unit Price (vbUSDT)

1.007536

Allocation History

User Distribution

User	Deposit	% of Deposits
	302.22 vbUSDT$302.11	34.02%
	188.58 vbUSDT$188.52	21.23%
	120.83 vbUSDT$120.79	13.60%
	104.26 vbUSDT$104.22	11.73%
	59.62 vbUSDT$59.60	6.71%

of

Exposure

Markets	Allocation (%)	Allocation (vbUSDT)	Liquidity (vbUSDT)	Underlying Liquidity (vbUSDT)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
vbUSDTbacked byweETH 86% LLTV	97.2%	863.22	863.22	65.41k	92.00%	0	0%	9.15%
vbUSDTbacked byvbWBTC 86% LLTV	2.8%	24.86	24.86	22.17k	94.00%	0	0%	8.98%
vbUSDTbacked byvbETH 86% LLTV	0%	0.01	0.01	9471.86	92.00%	0	0%	10.31%
vbUSDTbacked byweETH 77% LLTV	0%	< 0.01	< 0.01	38.39k	23.22%	0	0%	0.06%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Total Deposits (USD)

$887.80

Owner

SAFE 4/7

Curator

SAFE 3/7

Sentinel 1

0x41a5c880F165b2c891787a013803B54676B81eed

Sentinel 2

SAFE 3/7

Morpho vault version

v2

Vault deployment date

2026-05-29

Curator TVL

$947.40M

Allocator 1

0xa690308421f6160273983fd86E3f82919e6CDA21

Allocator 2

SAFE 3/7

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

All Transactions

Date	Type	Amount
2026-09-09 10:21:10	Withdraw	23,685.6 vbUSDT$23.67k
2026-09-09 10:21:10	Withdraw	0.114 vbUSDT$0.11
2026-08-31 11:35:32	Withdraw	250.25 vbUSDT$250.16
2026-08-22 04:23:26	Withdraw	83.358 vbUSDT$83.32
2026-08-21 03:49:36	Deposit	250 vbUSDT$249.91
2026-08-20 06:16:48	Withdraw	19,305 vbUSDT$19.29k
2026-08-19 20:52:09	Withdraw	5,013.23 vbUSDT$5011.48
2026-08-19 13:45:52	Withdraw	2,016.22 vbUSDT$2015.51
2026-08-18 22:16:32	Withdraw	5.236 vbUSDT$5.23
2026-08-17 18:45:58	Withdraw	14,297 vbUSDT$14.29k

1

Returns

Instant APY

8.39%

7D APY

7.54%

30D APY

4.59%

90D APY

2.82%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0xeE18c692F4D7511D402d9EabbD42c6fB45A0cadb

Management fee recipient

0xeE18c692F4D7511D402d9EabbD42c6fB45A0cadb

Net APY

8.39%

APY Breakdown

Vault Net APY

7.65%

KAT

+0.74%

Performance Fee

10%

Management Fee

0%

GauntletUSDT

Katana

The Gauntlet USDT Vault will list a selection of liquid collateral markets and allocate across them to optimize risk-adjusted yield.

Total Deposits

$887.81

888.12 vbUSDT

Liquidity

$887.8

888.12 vbUSDT

Exposure

Net APY

8.39

%

Date	Amount	Vault / Market
2026-09-09 10:21:10	-12,271.86 vbUSDT-$12.26k	vbUSDTbacked byvbWBTC 86% LLTV
2026-09-09 10:21:10	-11,413.74 vbUSDT-$11.40k	vbUSDTbacked byweETH 86% LLTV
2026-09-06 03:26:16	+210.776 vbUSDT+$210.70	vbUSDTbacked byweETH 86% LLTV
2026-09-06 03:26:16	-5.703 vbUSDT-$5.70	vbUSDTbacked byweETH 77% LLTV
2026-09-06 03:26:16	-205.073 vbUSDT-$205.00	vbUSDTbacked byvbWBTC 86% LLTV

1