Gauntlet USDC RWAEthereum · Morpho

Absolute cap on market reUSD/USDC (LLTV 91.5%) via adapter 0x11ca…250c increases from 5M USDC to 10M USDC (currently allocated 6.00e-6 USDC)

NotableExecutes in 29hIncrease absolute cap

Status
Executes in 29h
Queued → executable
Oct 12, 19:18 → Oct 15, 19:18 UTC
Can be vetoed by
3 addresses
At stake
$180K TVL · $180K max allocatable

Curator or 2 sentinels (0x2e7e…0b5e, 0x7084…84cd) can call revoke(data) before 2026-10-15 19:18 UTC. Up to $180K could then be allocated there. Depositors can withdraw before it executes (instant liquidity $6.00e-6; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

Gauntlet USDC RWAIncrease absolute capBefore5M USDC ($5M)After10M USDC ($10M)0x18e8…5119
Gauntlet USDC RWA: absolute cap on market reUSD/USDC (LLTV 91.5%) via adapter 0x11ca…250c increases from 5M USDC to 10M USDC (currently allocated 6.00e-6 USDC)

Raw transaction

increaseAbsoluteCap · tx 0x95f5…d8b0Show calldata ›
Queue tx
0x95f5cf0fbf9e4ee6b8bb6c1e54f303d5925ef201a25007469b7fd5112cebd8b0
Contract
0x18e862e34938db06c9244966a93939e7892f5119
{
  "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": "0xf43765d8c3bbae867f12469be267acd138158ddb88b92f665500b2228893c43a",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x11cad9135548350e37cfa2076b59d768f076250c",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "915000000000000000",
      "oracle": "0xa66a4f03fd8031973f8c7718904ce32385f54e70",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0x5086bf358635b81d8c47c66d1c8b9e567db70c72"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "915000000000000000",
    "oracle": "0xa66a4f03fd8031973f8c7718904ce32385f54e70",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x5086bf358635b81d8c47c66d1c8b9e567db70c72",
    "collateralSymbol": "reUSD",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "6",
    "absoluteCap": "5000000000000",
    "relativeCap": "500000000000000000"
  },
  "dataHash": "0xbcbb078cd6267a3ac42f7b92185d3c08db24b9bfaa5e542ab08127b91d81a2cf",
  "selector": "0xf6f98fd5",
  "marketExposureUsd": 0
}

All changes on Gauntlet USDC RWA ›

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