# Gauntlet

> Gauntlet is a quantitative finance company that models economic risk for crypto protocols and curates onchain yield vaults. It serves institutions, fintechs, wallets, token issuers, protocols, and individual DeFi users through lending strategies, custom vault infrastructure, and applied research.

- **Founded:** 2018
- **Headquarters:** New York, United States
- **Founders:** Tarun Chitra (Co-founder and CEO), Rei Chiang (Co-founder and CTO), John Morrow (Co-founder; historically COO (Blockworks speaker biography))
- **Products:** Lending Vaults, Gauntlet USD Alpha (gtUSDa), Custom Vaults / Aera Infrastructure, Levered RWA, Gauntlet Applied Research
- **Notable:** Announced $1 billion Series B valuation in 2022., Company reports $1.8B+ allocated to onchain vaults and 150+ integrations on its homepage as of October 2026., Published a February 2026 case study of recovery after a $775M USDT supply event.

## Products & services

- **Lending Vaults** — Curated lending across BTC, ETH, and stablecoins, with Prime, Balanced, and Frontier risk mandates; available through the Gauntlet app and integrations.
- **Gauntlet USD Alpha (gtUSDa)** — Stablecoin strategy built on Aera that reallocates across yield opportunities and compounds rewards; backtested APY is not a live return guarantee.
- **Custom Vaults / Aera Infrastructure** — Composable onchain vault infrastructure and custom strategies for institutions and product integrations.
- **Levered RWA** — Strategies using tokenized real-world assets and DeFi borrowing to target enhanced yields with leverage risk.
- **Gauntlet Applied Research** — Protocol risk management, incentive optimization, mechanism design, liquidity programs, dashboards, and parameter research.

## Achievements

- Announced $1 billion Series B valuation in 2022.
- Company reports $1.8B+ allocated to onchain vaults and 150+ integrations on its homepage as of October 2026.
- Published a February 2026 case study of recovery after a $775M USDT supply event.
- Raised $125 million from SBI Holdings in the Series C announced July 9, 2026.

## Latest updates

- **2026-09** — Raenest stablecoin yield integration announced September 11.
- **2026-09** — DPT Earn powered by USD Alpha announced September 2.
- **2026-07** — Uniswap Earn integration announced July 31.
- **2026-07** — $125 million Series C from SBI Holdings announced July 9.
- **2026-03** — Gauntlet reported removals of Resolv-related markets and conditional recovery claims plans following the USR exploit.

## Links

- Website: https://www.gauntlet.xyz
- LinkedIn: https://www.linkedin.com/company/gauntlet-xyz
- Twitter/X: https://twitter.com/gauntlet_xyz
- GitHub: https://github.com/Gauntlet-xyz

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Profile page: https://yespress.io/gauntlet
Published by YesPress — https://yespress.io
Last updated: 2026-10-04