Competition for the top curator spot on Morpho is intense — and Gauntlet has held it multiple times. They’re currently sitting in second with $1.14B in AUM. Gauntlet manages a broad mix of stablecoins, ETH, and BTC correlated assets across eight chains. Their total AUM most recently peaked above $1.9B on the back of large inflows into their USDT vaults, though balances have since cooled off. Gauntlet is currently the dominant curator for several major assets on Morpho: - USDT: 65% market share - WETH: 41% - DAI: 83% - WBTC: 98% In total, Gauntlet controls 32% of the Morpho vault ecosystem. Across blockchains, Gauntlet's USDC vaults have consistently been some of their top performers, recently ranging between 3%-7.5% depending on risk configuration. Earlier in the month, USDT Core and USDC Frontier both reached a daily average APY above 12% for several days. Since July Gauntlet vaults have been generating well over $1.5M-$2.5M in interest per month, of which roughly 94% flows back to Gauntlet depositors.