Key Takeaways
Beginning July 31, 2026, two Gauntlet Earn products go live on Morph, the Ethereum L2 backed by the Bitget ecosystem, and made available to 125+ million users directly through Bitget and Bitget Wallet.
The launch is a three-way collaboration: Bitget brings distribution through its exchange and Bitget Wallet, Morph provides the settlement layer, and Gauntlet designs, curates, and risk-manages the strategies, allocating capital across onchain markets and adjusting positions as conditions change.
Gauntlet USDC Prime is a Gauntlet-curated Morpho vault on Morph, optimized for risk-adjusted yield across large market cap, high liquidity collateral markets; at launch, the only collateral it lends against is bgBTC. Risk configuration, market allocation, and exposure limits are managed by Gauntlet’s proprietary risk engine.
bgBTC Earn brings yield to Bitcoin holders. Built on Aera’s vault infrastructure and leveraging Morpho markets and vaults, the strategy is designed and managed by Gauntlet: users deposit bgBTC and earn BTC-denominated yield, while Gauntlet’s proprietary risk engine manages the underlying lending and borrowing so users don’t have to. Yield is auto-compounded, and positions adjust automatically as market conditions change.
From July 31, Bitget and Bitget Wallet users can:
- Deposit USDC or bgBTC directly through Bitget and Bitget Wallet.
- Earn auto-compounded yield, with rebalancing and reward redemption handled by the strategies.
- Track vault performance and allocations onchain at any time.
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