Gauntlet to manage lending vaults on Morpho protocol
Quick Take Gauntlet will work on Morpho, designing and managing risk for lending vaults.
Research firm Gauntlet is going to work on lending protocol Morpho, designing and managing risk for lending vaults.
The firm will curate various lending vaults using Metamorpho, an open-source protocol for permissionless lending vaults on top of Morpho, according to a statement shared with The Block. Such lending vaults combine isolated markets and multi-asset lending pools to provide users with a way to earn yield on their assets.
“Working with a team of quants used to trading in milliseconds, we’ve always looked for faster paths to proactively manage risk and capture growth opportunities. MetaMorpho is our best opportunity yet to directly stress test our capabilities,” said Nick Cannon, VP Growth at Gauntlet.
This comes as Gauntlet had recently exited its collaboration with Morpho's competitor AaveDAO citing "inconsistent guidelines."
Notably, Gauntlet is not appointed by the Morpho DAO, unlike how Gauntlet worked with Aave. Unlike the approach DAOs select only one or two risk managers, Morpho takes a permissionless mechanism with MetaMorpho vaults.
Vaults designed by risk curators like Gauntlet earn their fees on their own risk management, and Morpho takes no cut, a spokesperson told The Block. Morpho has over $900 million in total value locked, nearly one-tenth of the $9.2 billion locked on Aave across different chains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Skipped Bitcoin Cash? Qubetics ($TICS) Could Be Your Redemption Ticket – Top Cryptos for Significant Returns
The crypto market has been on fire lately. With the spotlight shifting to new and innovative blockchain projects, everyone’s eyes are on which cryptos will make waves this year.Bitcoin Cash: A Missed Opportunity for Significant ReturnsQubetics: Revolutionizing Digital Finance with Real-World Asset TokenizationConclusion: Time to Act on Qubetics
BTC Short Position by ETH Whale Nears $332M
A crypto whale boosts their BTC short position to $332M, facing losses and potential short squeeze risk.Whale Boosts BTC Short Position Amid Market VolatilityRisk of Liquidation LoomsStrategic Buy Orders Placed

Pakistan Launches Crypto Council Led by Finance Minister
Pakistan forms Crypto Council to boost blockchain and crypto adoption, chaired by Finance Minister Muhammad Aurangzeb.Pakistan Takes a Bold Step Toward Crypto AdoptionFinance Minister to Lead the InitiativeFocus on Innovation and Financial Inclusion

Trump Crypto Project WLFI Buys AVAX, MNT for $4M
Trump-linked crypto project WLFI buys $4M worth of AVAX and MNT, total investment hits $340M with $115M in unrealized losses.WLFI Adds AVAX and MNT to Crypto Portfolio$340M Invested Across 11 TokensHeavy Losses Despite Market Activity

Trending news
MoreCrypto prices
More








