Gauntlet
Gauntlet is a quantitative DeFi risk management firm founded in 2018 that serves institutional capital allocators, fintechs, exchanges, custodians, and wallets through risk-optimized multi-chain vault products, proprietary simulation models, and incubated Aera vault infrastructure across 10+ blockchain networks.
- Company typePrivate
- Founded2018
- HeadquartersBrooklyn, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Gauntlet firmographics
Firmographics- Name
- Gauntlet
- Legal name
- Gauntlet Networks, Inc.
- Website
- https://gauntlet.xyz
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Gauntlet is a quantitative DeFi risk management firm founded in 2018 that serves institutional capital allocators, fintechs, exchanges, custodians, and wallets through risk-optimized multi-chain vault products, proprietary simulation models, and incubated Aera vault infrastructure across 10+ blockchain networks.
- Ownership category
- akta.pro rank
Gauntlet industry classification
Industry- Product category
- DeFi Risk Management and Onchain Yield Infrastructure
- NAICS
- Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Lending Protocol Infrastructure (Oracles, Rate Models, Vaults) (FSADAFAN)
- akta.pro secondary industries
- Collateral Management, Liquidation & Risk Engines (Credit) (FSADAFAE), Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ)
Keywords
Where Gauntlet is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Gauntlet business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Vault Performance Fees: Gauntlet charges performance fees on curated vault strategies. The company operates a performance fee structure on vault returns, generating revenue as vaults deliver yield to users. Fee details are embedded in vault operations.
- Risk Management Services: Gauntlet provides Full-Service Economic Risk Management, Ecosystem Risk Infrastructure and Advisory, and Incentive Optimization and Custom Research services governed by Proposals between Gauntlet and clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Wirex partnership offers up to 6% APR on stablecoin balances |
Go-to-market motion3 records
Distribution channels9 records
Marketing channels7 records
Gauntlet product offering
Product offeringCore offering
Gauntlet provides a full-stack onchain yield platform built on proprietary quantitative risk management, offering risk-optimized vault products (lending, restaking, levered RWA) for institutions, fintechs, exchanges, custodians, and wallets. The platform is anchored by Gauntlet USD Alpha (gtUSDa), a multi-strategy stablecoin vault powered by Aera — Gauntlet's proprietary non-custodial vault infrastructure with onchain constraint enforcement — spanning 80+ vaults across 10+ chains including Ethereum, Base, Arbitrum, Optimism, Solana, Polygon, and BNB Chain.
Product overview
Gauntlet is a full-stack onchain yield platform offering risk-optimized vault products for institutions and fintechs. The core offering includes Gauntlet USD Alpha (gtUSDa), a multi-strategy vault on Aera infrastructure combining lending aggregation with fixed-income and basis trade exposure. Supporting products include Morpho Vaults (Prime/Balanced/Frontier tiers), Kamino Vaults, Symbiotic Vaults, and the Levered RWA Strategy for amplified credit yields. The platform is powered by Aera, Gauntlet's proprietary non-custodial vault infrastructure with onchain constraint enforcement. Additional services include Gauntlet Applied Research (incentive optimization), the Gauntlet Affiliate Program (TVL referral), Gauntlet API/SDK for developer integration, the Gauntlet App for user position management, VaultBook documentation, and Risk Dashboards for protocol monitoring. The ecosystem spans Ethereum, Base, Arbitrum, Optimism, Solana, Polygon, and BNB Chain with $1.6B+ in capital allocated across 150+ integrations.
Differentiator
Problem solved
Functional benefit
Brands
- Aera: A non-custodial vault protocol incubated by Gauntlet, providing modular vault infrastructure with institutional-grade risk management and turnkey operational layer. Powers yield strategies including Gauntlet USD Alpha (gtUSDa).
- Gauntlet USD Alpha (gtUSDa)
- Gauntlet Affiliate
Products and services
- Gauntlet USD Alpha (gtUSDa) Premier multi-strategy stablecoin vault combining lending aggregation with fixed-income and basis trade exposure across Ethereum Mainnet, Base, Arbitrum, and Optimism. Targets 4–9% APY on stablecoins with automatic rebalancing, gasless user experience, and capital preservation through risk-constrained allocation.
- Morpho Vaults (Prime, Balanced, Frontier) Three-tier vault system on Morpho providing risk-calibrated lending yield across multiple chains. Prime targets conservative sustainable yield with blue-chip collateral; Balanced pursues competitive yield with defined risk parameters; Frontier maximizes yield for higher risk tolerance.
- Aera Vault Infrastructure Non-custodial vault protocol incubated by Gauntlet providing modular vault infrastructure where strategies execute under enforced onchain constraints. Includes guardian service layer for execution automation, continuous monitoring, and strategy override capabilities. Powers Gauntlet USD Alpha and partner integrations.
- Kamino Vaults Solana-based vault products integrated into Gauntlet's ecosystem, including the CASH Earn vault on Kamino for Phantom's fiat-backed USD-pegged stablecoin yield product.
- Symbiotic Vaults Vault products on the Symbiotic protocol integrated into Gauntlet's multi-chain yield optimization platform, supporting restaking and points-based yield strategies.
- Levered RWA Strategy Strategy using RWA tokens as collateral to borrow stablecoins and reinvest, amplifying credit yield through DeFi composability. Deployed with sACRED (Apollo/Securitize) on Polygon and FalconX CV tokens on Ethereum via Morpho.
- Gauntlet App User-facing web application for accessing and managing vault positions, viewing performance metrics, and interacting with Gauntlet-curated yield strategies across multiple chains.
- Gauntlet API and SDK Developer API and TypeScript SDK for integrating Gauntlet vaults into proprietary applications. Enables position management, vault access, and yield optimization integration for fintechs and institutions.
- Gauntlet Applied Research Incentive optimization and custom research services leveraging Gauntlet's quantitative models and DeFi expertise to help protocols and institutions optimize yield strategies and risk parameters.
Quantifiable outcome
- Gauntlet vaults navigated Stream xUSD insolvency (Nov 2025) and ByBit exploit (Feb 2025) without incurring any bad debt
- +5 more outcomes
Companies that use Gauntlet
Customer profileNamed customers19 records
Segments6 records
Ideal customer profiles5 records
Gauntlet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature6 records
Gauntlet partnerships and signals
Strategic signalPartnerships
34 partnerships are on record, tiered major, key, core, thought leadership and security.
- Lista DAOmajorGauntlet partners with Lista DAO to curate four lending vaults on BNB Chain - Gauntlet USDT Vault (primary curator) and three co-curated vaults (USD1, BNB, U). This is Gauntlet's first major curation deployment on BNB Chain.
- DecibelkeyDecibel, incubated by Aptos Labs, launched perpetuals exchange with Gauntlet risk engine and native liquidity pool for risk checks and liquidations.
- BlockdaemonmajorBlockdaemon integrated 50+ Gauntlet Vaults into its Earn Stack, giving institutional clients and developers access to onchain stablecoin, ETH, and other yields across Ethereum Mainnet, Base, and Arbitrum.
- PrivykeyPrivy and Gauntlet partnered to offer embedded onchain yield in smart wallets, expanding Gauntlet's reach into smart wallet ecosystems.
- SCRYPT SwissmajorFINMA-licensed Swiss portfolio manager partners with Gauntlet to offer regulated, risk-managed DeFi vault strategies to professional and institutional investors across Europe through Swiss-regulated structure.
- KASTmajorKAST powers its Earn product with Gauntlet USD Alpha (gtUSDa), bringing sustainable DeFi yield to 500K+ users worldwide through one-click stablecoin deposits with no gas fees.
- WirexmajorWirex integrated Gauntlet USDC Prime vault on Base into business accounts, enabling up to 6% APR stablecoin yield. Gauntlet provides ongoing risk assessment, strategy calibration, and liquidity oversight.
- TempomajorGauntlet launched Morpho vaults (Prime and Frontier) on Tempo's stablecoin-native L1 as Day-1 curator, with six markets available.
- HODL1keyHODL1 selects Gauntlet Vaults on Morpho for onchain yield, putting treasury ETH to work through risk-adjusted yield strategies.
- SwissBorgkeySwissBorg integrated Gauntlet custom Morpho vaults through its Earn program with dynamic risk management aligned to MiCA requirements in the EU.
- BitpandakeyBitpanda DeFi Wallet integrated seven Gauntlet vaults (USDT, USDC, EURC, WETH on Mainnet; USDC, WETH, LBTC on Base) providing simplified access to risk-adjusted DeFi yields.
- GeminikeyGemini Onchain Hub integrated Gauntlet USDC Prime and USDC Balanced vaults on Morpho Arbitrum, giving Gemini users streamlined non-custodial access to DeFi yield.
- FalconXmajorGauntlet launched levered RWA strategy with FalconX using Pareto Credit Vault tokens as collateral on Morpho to borrow USDC and purchase additional CV tokens within Gauntlet's risk parameters.
- ParetokeyPareto Credit Vaults are onchain structured credit facilities enabling protocol-to-business lending. Gauntlet leverages Pareto vaults for levered RWA strategies with FalconX.
- CoinbasecoreGauntlet supports Coinbase cbBTC lending markets on Morpho/Base and Verified Pools on Base L2. Users can borrow USDC against cbBTC (1:1 wrapped Bitcoin) with Gauntlet providing continuous risk modeling and optimization.
- SecuritizemajorSecuritize collaborated with Gauntlet, Morpho, and Polygon to launch levered sACRED strategy - using tokenized Apollo Diversified Credit Fund as collateral to borrow USDC and reinvest for enhanced yields.
- PolygonkeyPolygon PoS hosts the levered sACRED strategy (Compound Blue powered by Morpho), with Polygon providing the blockchain infrastructure for RWA DeFi strategies.
- Anchorage DigitalmajorAnchorage Digital integrated Gauntlet USDC, USDT, and WETH vaults via Morpho, enabling DeFi yield for institutional custody clients without leaving custodial environment.
- Trust WalletkeyTrust Wallet flagship Earn Program integrates Gauntlet USDC Frontier (Mainnet) and USDC Balanced (Base) vaults, enabling users to access Morpho lending directly via Trust Wallet.
- PhantomkeyGauntlet serves as exclusive curator for CASH Earn vault on Kamino - Phantom's fiat-backed USD-pegged stablecoin issued through Bridge/Stripe. Gauntlet selects markets, manages liquidity allocation, and writes interest rate curves.
- UtilakeyUtila enterprise MPC wallet platform partnered with Gauntlet alongside Optimism, Morpho, and Yield.xyz to offer institutional stablecoin yield solution with direct vault access.
- Bitwise Asset Managementthought leadershipBitwise collaborated with Gauntlet on events discussing risk in DeFi, bringing institutional perspective to digital asset yield markets.
- MorphocoreGauntlet serves as primary curator for Morpho vaults, deploying 50+ vaults across Ethereum Mainnet, Base, Arbitrum, and Optimism. The partnership enables Gauntlet to access Morpho's lending infrastructure for risk-optimized yield generation strategies.
- HypernativesecurityHypernative provides onchain monitoring for Gauntlet vault operations, part of Gauntlet's multi-layered security model.
- ZeroShadowsecurityZeroShadow provides instant 24/7 response monitoring for Gauntlet vault operations.
- ChainalysissecurityChainalysis provides onchain tracing capabilities as part of Gauntlet's institutional-grade security posture.
- SpearbitsecurityAera contracts audited by Spearbit, alongside OpenZeppelin audit and Cantina security competition.
- OpenZeppelinsecurityAera contracts audited by OpenZeppelin as part of comprehensive security review.
- BinancecoreBinance Earn program offers Gauntlet-curated vaults to Binance users, with Gauntlet selecting and managing vaults based on dynamic market conditions.
- OKXcoreOKX Earn program offers Gauntlet-curated vaults to OKX users alongside Binance through Morpho collaboration.
- Moody's Analyticsthought leadershipGauntlet collaborates with Moody's Analytics on credit risk research in DeFi, bringing traditional finance risk assessment frameworks to decentralized markets.
- S&P Globalthought leadershipGauntlet collaborates with S&P Global on risk assessment and market analysis for DeFi protocols.
- AeracoreAera is a non-custodial vault protocol incubated by Gauntlet, providing modular vault infrastructure with onchain constraint enforcement. Gauntlet provides the risk management foundation and actively operates strategies on Aera.
- CirclekeyCircle's Cross-Chain Transfer Protocol (CCTP) enables cross-chain transfers for Gauntlet vaults, supporting yield allocation across multiple chains while enforcing slippage and fee constraints at the smart contract level.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Gauntlet competitors and assessment
Company assessmentDirect peers
- Yearn Finance: Pioneer DeFi yield aggregator deploying automated vault strategies across lending, liquidity provision, and basis trades. Overlaps with Gauntlet's vault product and target market, though broader and more retail-oriented.
- Idle DAO: DeFi yield aggregator offering curated lending and leveraged strategies across multiple protocols. Comparable to Gauntlet's vault offerings with similar risk-tiered product architecture (Junior/Senior/Tranches).
- Tokka Labs: DeFi-native asset manager curating lending and yield strategies across Morpho and other protocols. Directly comparable as a competing curator in the same Morpho-driven vault ecosystem.
- Steakhouse Financial: A DeFi-native financial advisory and vault curator focused on Morpho and other lending protocols. Directly comparable to Gauntlet's vault curation and risk advisory business, targeting similar institutional clients.
- Chaos Labs: Provides risk management infrastructure, economic security audits, and onchain risk monitoring for DeFi protocols and exchanges. Closely comparable to Gauntlet's quantitative risk modeling and incentive optimization services.
- Re7 Labs: DeFi vault curator and risk manager with deep Morpho ecosystem presence. Operates curated lending vaults and risk frameworks that compete directly with Gauntlet's Morpho-based strategies.
- Beefy Finance: Multi-chain yield optimizer auto-compounding returns across dozens of DeFi protocols and vaults. Comparable to Gauntlet in multi-chain vault strategy execution, though more retail-focused.
- MEV Capital: DeFi-native fund operating curated lending and yield strategies across Morpho, Aave, and Compound. Competes with Gauntlet for institutional vault allocation and risk-managed yield mandates.
Others
- Pendle Finance: Fixed-income and yield-tokenization protocol that Gauntlet integrates with rather than directly competes against. Listed as an adjacent DeFi infrastructure partner that powers Gauntlet USD Alpha's fixed-income exposure.
Broad incumbents
- Convex Finance: Larger established DeFi yield optimizer primarily focused on Curve and Convex ecosystem. Overlaps with Gauntlet on yield optimization but operates in a different protocol niche (Curve rather than Morpho).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Gauntlet social profiles
Digital presenceGauntlet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gauntlet leadership team
Management profileNumber of profiles
Profiles6 records
Gauntlet subsidiaries and ownership
Company hierarchySubsidiaries1 record
Gauntlet funding detail
Funding detailFunding overview
Funding rounds6 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gauntlet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gauntlet
What does Gauntlet do?
Gauntlet provides a full-stack onchain yield platform built on proprietary quantitative risk management, offering risk-optimized vault products (lending, restaking, levered RWA) for institutions, fintechs, exchanges, custodians, and wallets. The platform is anchored by Gauntlet USD Alpha (gtUSDa), a multi-strategy stablecoin vault powered by Aera — Gauntlet's proprietary non-custodial vault infrastructure with onchain constraint enforcement — spanning 80+ vaults across 10+ chains including Ethereum, Base, Arbitrum, Optimism, Solana, Polygon, and BNB Chain.
Is Gauntlet a public or private company?
Gauntlet is a private company. It is classified as venture growth investor backed and is currently operating.
When was Gauntlet founded?
Gauntlet was founded in 2018. It employs 51 to 100 people.
Where is Gauntlet based?
Gauntlet is headquartered in Brooklyn, United States, in the North America region.
How does Gauntlet make money?
Two revenue lines are on record. Vault Performance Fees are the primary driver. The others are risk Management Services.
Who are Gauntlet's main competitors?
Direct peers on record are Yearn Finance, Idle DAO, Tokka Labs, Steakhouse Financial, Chaos Labs, Re7 Labs, Beefy Finance and MEV Capital. Pendle Finance is listed as an others. Convex Finance is listed as a broad incumbent.
Does Gauntlet have an API?
Yes. Gauntlet offers a developer API and SDK for integrating onchain yield vaults into applications. The API allows for position management, vault access, and integration with Gauntlet's yield optimization strategies. The SDK enables developers to integrate Gauntlet vaults into proprietary client-facing systems.
What industry is Gauntlet in?
Gauntlet's product category is DeFi Risk Management and Onchain Yield Infrastructure. Its primary akta.pro industry code is FSADAFAN, Lending Protocol Infrastructure (Oracles, Rate Models, Vaults), with a secondary code of FSADAFAE, Collateral Management, Liquidation & Risk Engines (Credit). Its NAICS code is 52321 and its SIC code is 6200.