Gauntlet

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

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

• DeFi risk management
• Onchain yield strategies
• Vault infrastructure
• Quantitative risk modeling
• Institutional crypto yield

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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.
2. 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

Go-to-market motion3 records

Distribution channels9 records

Marketing channels7 records

Core 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

Named customers19 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature6 records

Partnerships

34 partnerships are on record, tiered major, key, core, thought leadership and security.

• Lista DAOmajorChannel Partner/ Reseller/ Distributor · 1 April 2026Gauntlet 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.
• DecibelkeyTechnology or Integration · 1 April 2026Decibel, incubated by Aptos Labs, launched perpetuals exchange with Gauntlet risk engine and native liquidity pool for risk checks and liquidations.
• BlockdaemonmajorChannel Partner/ Reseller/ Distributor · 1 March 2026Blockdaemon 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.
• PrivykeyTechnology or Integration · 1 March 2026Privy and Gauntlet partnered to offer embedded onchain yield in smart wallets, expanding Gauntlet's reach into smart wallet ecosystems.
• SCRYPT SwissmajorChannel Partner/ Reseller/ Distributor · 1 February 2026FINMA-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.
• KASTmajorChannel Partner/ Reseller/ Distributor · 1 January 2026KAST 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.
• WirexmajorChannel Partner/ Reseller/ Distributor · 1 December 2025Wirex 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.
• TempomajorChannel Partner/ Reseller/ Distributor · 1 December 2025Gauntlet launched Morpho vaults (Prime and Frontier) on Tempo's stablecoin-native L1 as Day-1 curator, with six markets available.
• HODL1keyChannel Partner/ Reseller/ Distributor · 1 December 2025HODL1 selects Gauntlet Vaults on Morpho for onchain yield, putting treasury ETH to work through risk-adjusted yield strategies.
• SwissBorgkeyChannel Partner/ Reseller/ Distributor · 1 December 2025SwissBorg integrated Gauntlet custom Morpho vaults through its Earn program with dynamic risk management aligned to MiCA requirements in the EU.
• BitpandakeyChannel Partner/ Reseller/ Distributor · 1 November 2025Bitpanda 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.
• GeminikeyChannel Partner/ Reseller/ Distributor · 1 August 2025Gemini Onchain Hub integrated Gauntlet USDC Prime and USDC Balanced vaults on Morpho Arbitrum, giving Gemini users streamlined non-custodial access to DeFi yield.
• FalconXmajorStrategic or Co-development Partner · 1 August 2025Gauntlet 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.
• ParetokeyTechnology or Integration · 1 August 2025Pareto Credit Vaults are onchain structured credit facilities enabling protocol-to-business lending. Gauntlet leverages Pareto vaults for levered RWA strategies with FalconX.
• CoinbasecoreChannel Partner/ Reseller/ Distributor · 1 April 2025Gauntlet 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.
• SecuritizemajorStrategic or Co-development Partner · 1 April 2025Securitize 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.
• PolygonkeyTechnology or Integration · 1 April 2025Polygon PoS hosts the levered sACRED strategy (Compound Blue powered by Morpho), with Polygon providing the blockchain infrastructure for RWA DeFi strategies.
• Anchorage DigitalmajorChannel Partner/ Reseller/ Distributor · 1 March 2025Anchorage Digital integrated Gauntlet USDC, USDT, and WETH vaults via Morpho, enabling DeFi yield for institutional custody clients without leaving custodial environment.
• Trust WalletkeyChannel Partner/ Reseller/ Distributor · 1 January 2025Trust Wallet flagship Earn Program integrates Gauntlet USDC Frontier (Mainnet) and USDC Balanced (Base) vaults, enabling users to access Morpho lending directly via Trust Wallet.
• PhantomkeyChannel Partner/ Reseller/ Distributor · 1 January 2025Gauntlet 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.
• UtilakeyChannel Partner/ Reseller/ Distributor · 1 January 2025Utila 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 leadershipOthers · 1 January 2025Bitwise collaborated with Gauntlet on events discussing risk in DeFi, bringing institutional perspective to digital asset yield markets.
• MorphocoreTechnology or Integration · 1 February 2024Gauntlet 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.
• HypernativesecurityTechnology or Integration · 1 January 2024Hypernative provides onchain monitoring for Gauntlet vault operations, part of Gauntlet's multi-layered security model.
• ZeroShadowsecurityTechnology or Integration · 1 January 2024ZeroShadow provides instant 24/7 response monitoring for Gauntlet vault operations.
• ChainalysissecurityTechnology or Integration · 1 January 2024Chainalysis provides onchain tracing capabilities as part of Gauntlet's institutional-grade security posture.
• SpearbitsecurityTechnology or Integration · 1 January 2024Aera contracts audited by Spearbit, alongside OpenZeppelin audit and Cantina security competition.
• OpenZeppelinsecurityTechnology or Integration · 1 January 2024Aera contracts audited by OpenZeppelin as part of comprehensive security review.
• BinancecoreChannel Partner/ Reseller/ Distributor · 1 January 2024Binance Earn program offers Gauntlet-curated vaults to Binance users, with Gauntlet selecting and managing vaults based on dynamic market conditions.
• OKXcoreChannel Partner/ Reseller/ Distributor · 1 January 2024OKX Earn program offers Gauntlet-curated vaults to OKX users alongside Binance through Morpho collaboration.
• Moody's Analyticsthought leadershipOthers · 1 January 2024Gauntlet collaborates with Moody's Analytics on credit risk research in DeFi, bringing traditional finance risk assessment frameworks to decentralized markets.
• S&P Globalthought leadershipOthers · 1 January 2024Gauntlet collaborates with S&P Global on risk assessment and market analysis for DeFi protocols.
• AeracoreStrategic or Co-development Partner · 1 January 2022Aera 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.
• CirclekeyTechnology or Integration · 1 January 2018Circle'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

Direct 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

• Xx.com/gauntlet_xyz
• LinkedInlinkedin.com/company/gauntlet-xyz

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gauntlet