Gauntlet Limits V1 Vault Deposits and Pauses Asset Allocation

According to TechFlow, on November 6, The Defiant reported that risk management firm Gauntlet closed the supply queue for its V1 vaults, paused asset allocation, and reduced exposure to LayerZero-bridged assets in response to the reported op-reth vulnerability on some OP Stack chains. Gauntlet said it is not aware of any reports that the vulnerability has been exploited.

Reports noted that clearing the supply queue will block new vault deposits, but the measure itself will not disable withdrawals or the underlying lending markets; withdrawals will still depend on available liquidity in the underlying markets. Gauntlet said the related measures will remain in place until the issue is resolved, without providing a resumption date.

Source: TechFlow