Gauntlet USDC RWAEthereum · Morpho

Relative cap on market AUTO/USDC (LLTV 77%) via adapter 0x11ca…250c increases from 0% to 50% of vault assets

NotableExecutes in 2d 5hIncrease relative cap

Etherscan

Status

Executes in 2d 5h

Queued → executable

Oct 13, 19:05 → Oct 16, 19:05 UTC

Can be vetoed by

3 addresses

At stake

$180K TVL · $90.2K max allocatable

Curator or 2 sentinels (0x2e7e…0b5e, 0x7084…84cd) can call revoke(data) before 2026-10-16 19:05 UTC. Up to $90.2K (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $0; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Gauntlet USDC RWAIncrease relative capBefore0%After50%0x18e8…5119

Gauntlet USDC RWA: relative cap on market AUTO/USDC (LLTV 77%) via adapter 0x11ca…250c increases from 0% to 50% of vault assets

Raw transaction

increaseRelativeCap · tx 0x8008…119eShow calldata ›

Queue tx: 0x8008589c869b7d8ba3030fccc4e55698fe7a934350099788e12a24499e0d119e
Contract: 0x18e862e34938db06c9244966a93939e7892f5119

{
  "call": {
    "args": {
      "idData": "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",
      "newRelativeCap": "500000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9997801430908597
  },
  "capId": "0x842e6cfabb92788c24355c10b8e4b8dc1b91598b038cf9929a6253b879a6fa75",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x11cad9135548350e37cfa2076b59d768f076250c",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "770000000000000000",
      "oracle": "0x9abd4961996b7957baa4be82716d23bdfe541854",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0x997e2efbce91d170b00ea402e35a66c887ee1da9"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "770000000000000000",
    "oracle": "0x9abd4961996b7957baa4be82716d23bdfe541854",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x997e2efbce91d170b00ea402e35a66c887ee1da9",
    "collateralSymbol": "AUTO",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xbbc98dddd95f29700f5d2bfb2c98b4415d57683dc42bc1c55dd2e00d3c3c99a9",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Gauntlet USDC RWA ›

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