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Gauntlet USDC Core

0xe08145eb0132a219aad1b78a85bad8666a97cb94View on depeg monitor →

etherc4626 vault53.8 (high)Needs attention⚠ Exit Recommended

Last scored: 7/24/2026, 4:32:26 AM

⚠
Exit Recommended
USDC is currently trading at $0.7225 — 27.8% below its $1.00 USD peg. Consider exiting or reducing exposure.
Low risk53.8/100High risk

Top 3 risk drivers

  1. Centralization40 pts(+4.80 to score)
  2. looping100 pts(+4.00 to score)
  3. Protocol risk15 pts(+2.25 to score)

Share price: $0.7225(below peg — drives Depeg flag)

Score history (30d, 77 snapshots)+13 pts since 2026-04-26
4054050100

Alert History

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⚠ List with caution

Moderate risk — recommend disclosing risk tier to users.

Withdrawal risk: Some liquidity pressure

89% utilization — withdrawals may be slow or partially queued.

What's in this vault

Deposits

USDC

LST / LRT collateral— 66.4% of TVL

weETH

LST/LRT collateral carries redemption lag — under correlated sell pressure, exit queues can stretch hours to days.

What this vault is exposed to

You deposit USDC. Here's what backs your position.

AA_FalconXUSDC
138.3%
$3.2M77% LTV
weETH
66.4%
$1.5M77% LTV
tBTC
35.5%
$818K77% LTV
LBTC
35.4%
$817K86% LTV
syrupUSDC
0.0%
$56692% LTVWATCH
stcUSD
0.0%
$092% LTVWATCH
siUSD
0.0%
$0
WBTC
0.0%
$0
cbBTC
0.0%
$286% LTV

Source: Morpho markets

Rating breakdown

Sub-scores sorted by contribution. Each bar is relative to the top contributor.

looping100
market_concentration80
liquidation_proximity45
Centralization40
Asset25
utilization22.699999999999996
oracle20
Protocol risk15

Score 54 (HIGH). Primary drivers: centralized governance, recursive leverage, external protocol risk.

Risk flags

EOA ownerHigh loopingliquidation_proximity_riskLST redemption lagmetamorpho_fork_donation_risknav_lossnav_loss_severeshared_market_risk

Recursive lending & looping

Loop exposure

138.3%

Looping TVL

$3.2M

Morpho looping markets

syrupUSDC → USDC
LLTV 92%$566↗ Morpho
AA_FalconXUSDC → USDC
LLTV 77%$3.2M↗ Morpho

Funding regime

Perp funding rate data (healthy vs compressed/inverted) will indicate when vault yield is from stable vs stressed conditions. Coming soon.