Gauntlet Vaults
About
Gauntlet Vaults is a curated DeFi yield platform offering risk-adjusted returns across lending, restaking, and real-world-asset strategies on multiple chains (Ethereum, Base, Arbitrum, Optimism, Solana). Powered by Gauntlet's quantitative risk and optimization models, the platform serves both crypto-native users and institutional capital allocators seeking managed onchain yield through non-custodial vaults.
Where Does Yield Come From?
Gauntlet Vaults generate returns through four product families, each with its own way of earning and charging fees.
1. Lending Vaults (on Morpho and Kamino) — Your deposits go into lending pools sorted by risk level:
- Prime: Very low risk of defaults, backed by high-quality, easy-to-sell collateral.
- Balanced: Low default risk, mixing high-quality and smaller collateral assets.
- Frontier: Highest potential returns, but higher default risk.
Returns come mostly from borrower interest (what lenders pay to borrow). Some vaults also earn extra rewards or points from the underlying protocols. Gauntlet charges a performance fee of 0–20% on the base interest only — not on bonus rewards or points. The vaults are constantly adjusted by Gauntlet's optimization engine to keep risk and reward on target.
2. Gauntlet USD Alpha (gtUSDa) — A stablecoin vault that runs on Aera Protocol. It moves USDC across lending markets on Base, Arbitrum, Optimism, and Ethereum Mainnet, mixing variable-rate and fixed-rate opportunities. This is built as a sustainable real-yield strategy — not a points-farming play.
3. Restaking Vaults (on Symbiotic) — You deposit collateral (such as wstETH, cbETH, wBETH, swETH, rETH, or sUSDe). The vault allocates it to a curated set of operators, who in turn allocate it to restaking networks. Returns come from network rewards and points. Some vaults carry slashing risk (loss of funds if operators misbehave); others do not.
4. Levered RWA Strategy — Uses Gauntlet's yield-optimization engine on permissionless DeFi infrastructure to increase exposure to real-world-asset collateral, generating traditional-finance-style yields on DeFi rails.
All vaults are self-custodial (you retain control of your funds). No specific TVL, APY, or rate figures are listed here, as they change with market conditions.
Persons
Tarun Chitra
Chief Executive Officer
John Morrow
Chief Operating Officer
Rei Chiang
Chief Technology Officer
Jesse Kao
Chief Financial Officer
Nicholas Cannon
Chief Business Officer
Trey Sadiq
General Counsel
Shaan Varia
VP of Product
Matt Dobel
VP of Business Development
Dara Khan
Head of Marketing
Curran Sandher
Head of Design
Warren Teo
Head of APAC Sales
Thomas Whitworth
Lead Product Manager
Simon Mathonnet
Product Marketing Lead
Katharina Theobald
Product Lead
Carson Brown
Senior Product Manager
Philip Rosenstein
Content Strategy
Tiffany Liu
Controller
Alvin Hu
Accountant
Mitchell Li
Strategic Finance, FP&A, Investor Relations
Danica Espiritu
Office Manager, EA
Aidan Bristow
Senior Business Development Manager
Jon Libby
Business Development
Mike Muse
Senior Protocol Strategist, Earn Program
Nicholas Del Zingaro
Data Science Manager
Josh Taylor
Engineering Manager
Qi Shao
Engineering Manager
Jonathan Reem
Staff Software Engineer
Alex Szymanski
Software Engineer
Clement Emmanuel
Software Engineer
Geoff Hardy
Senior Software Engineer
Haotian Jiang
Data Scientist
Horace Pan
Machine Learning Engineer
Jacob Kim
Machine Learning Engineer
Jacob Rhode
Software Engineer
Janson Wang
Trading Operations Engineer
Joe Golike
Software Engineer
Joseph Cachaldora
Data Scientist - Perpetuals
Katie Bent-Koerick
Data Scientist
Kyle Xiao
Data Scientist, Restaking
Luke Sterle
Senior Data Scientist
Marcin Jachymiak
Software Engineer
Maria Shaikh
Data Scientist
Mathieu Voisin
Senior Software Engineer
Matt Susskind
Software Engineer
Michael Garaszczuk
Data Scientist
Michalis Alifierakis
Machine Learning Engineer
Nathan Sheng
Data Scientist
Roby Daquilante
Platform Engineer
Sai Srikar Nimmagadda
Data Scientist
Simon Frid
Software Engineer
Tim Copeland
Data Scientist
Udai Parvathaneni
Senior Data Scientist
Will Wolf
Machine Learning Engineer
William Zhang
Senior Software Engineer
Ian Mellen
Data Scientist, Aera
Kamil Yusubov
Senior Data Scientist
Audits
| Audit / Date | Findings | Verdict |
|---|---|---|
| The audit report could not be retrieved because the Google Drive file is not publicly accessible; no safety assessment can be derived from the unavailable document. | |
Spearbit22-09-2023 |
| The audit identified one high-severity issue (guardian exploiting owner allowances) which was fixed, along with numerous medium-severity concerns ranging from pricing precision to access-control gaps—most were remediated before deployment, though some design risks (e.g., guardian MEV, fee inflation via balanceOf monitoring) are accepted within Aera's trust model. |
OpenZeppelin08-04-2024 - 23-04-2024 |
| The audit identified one low-severity issue (minor MEV opportunities) and one informational note (invariant edge case), both with limited real-world impact on fund safety. The code is well-structured and no critical, high, or medium severity findings were uncovered. |
Backers
Gauntlet is backed by several prominent venture capital firms. The company's About page (gauntlet.xyz/about) lists its investors as: Ribbit Capital, Polychain Capital, Coinbase Ventures, Standard Crypto, and Paradigm. According to a Bloomberg article referenced on Gauntlet's "In the Press" page, Gauntlet raised a $23.8 million Series B in March 2022 at a $1 billion valuation. Earlier rounds included a Series A (led by Paradigm) and seed funding, though specific amounts and dates for earlier rounds are not detailed on the official site. The company was founded by Tarun Chitra (CEO) and John Morrow.
Legal
Legal form
Corporation (Inc.)
Registration jurisdiction
Delaware, USA (Gauntlet Networks, Inc.)
Status and notes
Operator is Gauntlet Networks, Inc., a Delaware corporation. Terms of Service (updated Nov 8, 2023) and Privacy Policy (updated July 18, 2023) are published at gauntlet.xyz/tos and gauntlet.xyz/privacy-policy respectively. Governing law is Delaware. A vault disclaimer PDF is also available. Legal contact: [email protected]; privacy contact: [email protected]. No imprint page found — /imprint and /terms URLs return 404.
