Gauntlet USDC Prime (gtUSDCp) stablecoin analytics
Answer First
What is Gauntlet USDC Prime (gtUSDCp)?
gtUSDCp represents Gauntlet-curated ERC-4626 USDC vaults on Morpho; Ethereum uses Vault V2, while Base and Arbitrum use MetaMorpho. The static profile records its USDC-denominated NAV accounting mechanism as: ERC-4626 shares are denominated in chain-local USDC. Interest and realized losses can change the share exchange rate; redemptions depend on available vault and lending-market liquidity.
Is gtUSDCp safe?
gtUSDCp holds an A Safety Score grade (84/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says Gauntlet USDC Prime uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Gauntlet USDC Prime (gtUSDCp) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg USDC-denominated NAV.
Variant Relationship
Gauntlet USDC Prime (gtUSDCp) is modeled as a strategy vault variant of USD Coin (USDC). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Sep 7, 2026
Gauntlet USDC Prime is the V2 line: three immutable Morpho vault deployments on Ethereum, Base, and Arbitrum that turn USDC into curated exposure over permissioned Morpho Blue markets backed by blue-chip crypto and real-world asset collateral. Immutability is the strongest thing on the card.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Morpho: Gauntlet USDC Prime V2 vault
- Collateral
- USDC supplied to Gauntlet-curated on-chain strategies. Ethereum uses Morpho Vault V2; Base uses MetaMorpho and Arbitrum uses MetaMorphoV1_1. Market allocations and collateral exposures are dynamic.
- Peg Mechanism
- ERC-4626 shares are denominated in chain-local USDC. Interest and realized losses can change the share exchange rate; redemptions depend on available vault and lending-market liquidity.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety gtusdcp-gauntlet
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
gtUSDCp quick answers
What is Gauntlet USDC Prime (gtUSDCp)?
gtUSDCp represents Gauntlet-curated ERC-4626 USDC vaults on Morpho; Ethereum uses Vault V2, while Base and Arbitrum use MetaMorpho. The static profile records its USDC-denominated NAV accounting mechanism as: ERC-4626 shares are denominated in chain-local USDC. Interest and realized losses can change the share exchange rate; redemptions depend on available vault and lending-market liquidity.
Is gtUSDCp safe?
gtUSDCp holds an A Safety Score grade (84/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says Gauntlet USDC Prime uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs gtUSDCp?
Pharos classifies gtUSDCp backing as Crypto-Collateralized. Collateral, per the static profile: USDC supplied to Gauntlet-curated on-chain strategies. Ethereum uses Morpho Vault V2; Base uses MetaMorpho and Arbitrum uses MetaMorphoV1_1. Market allocations and collateral exposures are dynamic. Reserve evidence: live reserve feed configured.
Can gtUSDCp be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for gtUSDCp, when applicable, appear in the dossier below.
