Gauntlet USDC FrontierEthereum · Morpho

Absolute cap on market PRIME/USDC (LLTV 86%) via adapter 0x3dd6…01b2 increases from 5M USDC to 10M USDC (currently allocated 0.09457 USDC)

CriticalExecutes in 29hIncrease absolute cap

Etherscan

Status

Executes in 29h

Queued → executable

Oct 12, 19:17 → Oct 15, 19:17 UTC

Can be vetoed by

3 addresses

At stake

$12.6M TVL · $10M max allocatable

Curator or 2 sentinels (0x7084…84cd, 0x8b58…f0dc) can call revoke(data) before 2026-10-15 19:17 UTC. Up to $10M could then be allocated there. Depositors can withdraw before it executes (instant liquidity $1.23M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Gauntlet USDC FrontierIncrease absolute capBefore5M USDC ($5M)After10M USDC ($10M)0x9a1d…6f3e

Gauntlet USDC Frontier: absolute cap on market PRIME/USDC (LLTV 86%) via adapter 0x3dd6…01b2 increases from 5M USDC to 10M USDC (currently allocated 0.09457 USDC)

Raw transaction

increaseAbsoluteCap · tx 0xe6f4…7ffdShow calldata ›

Queue tx: 0xe6f4e8cbb9f05ba1868e1980a8a3f17b305eb785a9cfe102efc9dd8566037ffd
Contract: 0x9a1d6bd5b8642c41f25e0958129b85f8e1176f3e

{
  "call": {
    "args": {
      "idData": "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",
      "newAbsoluteCap": "10000000000000"
    },
    "selector": "0xf6f98fd5",
    "signature": "increaseAbsoluteCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseAbsoluteCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9997169650061017
  },
  "capId": "0x1a62aacb82df00030bf3faaf3762172b5ad1ef0107430112c52c6e2373dd2778",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x3dd6e19d306700560a8c500d5abbda6c7e2a01b2",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "860000000000000000",
      "oracle": "0x999eff9ca63d23a60a0cd19b9f65a0918674119a",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0x19ebb35279a16207ec4ba82799cc64715065f7f6"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "860000000000000000",
    "oracle": "0x999eff9ca63d23a60a0cd19b9f65a0918674119a",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x19ebb35279a16207ec4ba82799cc64715065f7f6",
    "collateralSymbol": "PRIME",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "94573",
    "absoluteCap": "5000000000000",
    "relativeCap": "1000000000000000000"
  },
  "dataHash": "0x4a27b0eb7c9e5ba32f1db3b8e2b81571eed711f886682d744664dc33f8ec7faa",
  "selector": "0xf6f98fd5",
  "marketExposureUsd": 0.09
}

All changes on Gauntlet USDC Frontier ›

Not investment advice. Severity marked AI is model-generated.