Gauntlet review
Gauntlet is a quantitative risk-modelling firm that runs agent-based simulations to set lending parameters, and it curates the largest book of assets on Morpho by a wide margin. Its edge here is scale and a rock-bottom fee; the trade-off is a book spread across dozens of vaults and eight chains that is harder to follow line by line.
The numbers
| Metric | Value | Score | Source |
|---|---|---|---|
| Assets under curatorship29% | $575.1M | 10.0/10 | Morpho 2026-09-22 |
| 90-day growth18% | -13.7% | 5.5/10 | Morpho 2026-09-22 |
| Concentration24% | 87.1% | 5.0/10 | Morpho 2026-09-22 |
| Utilisation12% | 82.7% | 9.0/10 | Morpho 2026-09-22 |
| Fee17% | 1.69% | 10.0/10 | Morpho 2026-09-22 |
Concentration and utilisation are AUM-weighted across the firm’s listed vaults. Each metric is scored 0–10 on fixed open-data thresholds (see the methodology). Active depositor counts have no reliable open feed, so that metric is left out of the rubric rather than estimated.
- Assets under curatorship: $575.1M (10.0/10)
- Fee: 1.69% (10.0/10)
- Utilisation: 82.7% (9.0/10)
- Concentration: 87.1% (5.0/10)
Who it’s for
Depositors who want the deepest, most battle-tested book in this field and will trade a little transparency for scale.
Depositors who need a published, third-party depositor count and audit trail beyond what the protocol exposes.
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