Gauntlet USDC FrontierEthereum · Morpho

Relative cap on all markets with AUTO collateral increases from 0% to 50% of vault assets

NotableExecutes in 2d 4hIncrease relative cap

Etherscan

Status

Executes in 2d 4h

Queued → executable

Oct 13, 19:05 → Oct 16, 19:05 UTC

Can be vetoed by

3 addresses

At stake

$13.7M TVL · $6.83M max allocatable

Curator or 2 sentinels (0x7084…84cd, 0x8b58…f0dc) can call revoke(data) before 2026-10-16 19:05 UTC. Up to $6.83M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $1.39M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Gauntlet USDC FrontierIncrease relative capBefore0%After50%0x9a1d…6f3e

Gauntlet USDC Frontier: relative cap on all markets with AUTO collateral increases from 0% to 50% of vault assets

Raw transaction

increaseRelativeCap · tx 0x8008…119eShow calldata ›

Queue tx: 0x8008589c869b7d8ba3030fccc4e55698fe7a934350099788e12a24499e0d119e
Contract: 0x9a1d6bd5b8642c41f25e0958129b85f8e1176f3e

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000997e2efbce91d170b00ea402e35a66c887ee1da9000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "500000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000006f05b59d3b2000000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000997e2efbce91d170b00ea402e35a66c887ee1da9000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9997801430908597
  },
  "capId": "0x635c8aacf21f91b9b75420e252e29c5ee9c8ff2f6f907b0249b3ebdc13e25e3d",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x997e2efbce91d170b00ea402e35a66c887ee1da9"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xa4e12d35ce06eb1e624bebfa1fc79f1efc3a466f44c8ce26c24a7d366c487bcc",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Gauntlet USDC Frontier ›

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