GTUSDTP, issued by Gauntlet Networks, Inc., is a tokenized vault interest that represents a depositor's claim on assets supplied into and allocated across underlying lending markets, plus accrued earnings, under a risk-optimization strategy curated by Gauntlet. [S1][S2]

Each vault token represents a claim on the supplied amount plus earnings rather than a fixed share, with its value rising through a share-price conversion (convertUnitsToTokens) rather than balance rebasing. [S1][S2] Yield derives from allocated lending markets (primarily Morpho, plus Aera, Kamino, and Symbiotic) and incentives, which are regularly claimed, converted, and reinvested automatically. [S3][S1][S2] Holders bear a performance fee capped at 50% of native onchain yield, and, on Morpho v2 vaults, an annual management fee capped at 5% of deposited assets. [S2]

The operating entity is Gauntlet Networks, Inc., governed by the laws of the State of Delaware, United States. [S4] It states it is not registered with the United States Securities and Exchange Commission (SEC) as a national securities exchange, broker-dealer, investment adviser, or in any other capacity, and does not act as a fiduciary, custodian, or asset manager. [S4][S5] The holder's claim is an ERC-20 vault token on supplied assets plus earnings. [S1][S2] Users must hold contracting authority and must not be sanctioned or resident in comprehensively sanctioned jurisdictions. [S4] Products are non-custodial; assets remain in smart contracts under user control and are not guaranteed by Gauntlet. [S5]

Vault tokens are transferable ERC-20 tokens, explicitly not ERC-4626, issued across eight networks including Ethereum Mainnet, Base, Optimism, Unichain, Katana, Polygon, Arbitrum, and Hyperliquid. [S3][S1][S2] Deposit requires approving the supply asset and calling requestDeposit(); redemption requires calling requestRedeem() for USDC, settling asynchronously within roughly 6 to 12 hours subject to lock and queue. [S1][S2] Price is published onchain via convertUnitsToTokens. [S1]

<Sources
  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://www.gauntlet.xyz/gauntlet-strategies/gtusda" },
    { id: "S2", url: "https://vaultbook.gauntlet.xyz/introduction/readme.md" },
    { id: "S3", url: "https://www.gauntlet.xyz/vaults/lending" },
    { id: "S4", url: "https://www.gauntlet.xyz/tos" },
    { id: "S5", url: "https://vaultbook.gauntlet.xyz/introduction/readme.md?ask=eligibility-and-legal" },
  ]}
/>


# Asset senders (weekly) methodology

## 1. Overview

`Asset senders (weekly)` is defined as the number of unique addresses that initiate asset transfers over a rolling 7-day period. For each tracked asset, outgoing transactions are analyzed to identify the addresses responsible for moving tokens. This metric is utilized as a key indicator of weekly user activity and transactional engagement for tokenized assets across various blockchain networks. By aggregating unique sending addresses within a moving 7-day window, short-term fluctuations are smoothed out to provide a clearer view of active adoption.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions
- **Other blockchain data**: Token transfer and withdrawal events from Aptos, Near, Polkadot Asset Hub, Stellar, Sui, Ripple, and others
- **Asset metadata**: Token contract addresses and asset mapping datasets

## 3. Step-by-step calculation

### Component A: Extraction of daily sending addresses

- **Purpose**: Identify and extract unique addresses initiating token transfers on a daily basis for each asset.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from ERC-20 token transfers where the sender address is not the null address. On Solana, sending addresses are identified from token transfer instructions using the authority address. On Aptos, Sui, Cardano, and Stellar Classic, sending addresses are retrieved from token withdrawal events. On Stellar Soroban, transfers are parsed from Soroban token transfer events, excluding mint transactions where the sender address is null. On Polkadot Asset Hub, `Transferred` events from the `assets` pallet are parsed to identify the sender. On Ripple, outgoing transfers are identified where the transaction value is negative. On Near and Injective, sending addresses are extracted from token transfer events where the sender address is populated.
- **Key fields**: `timestamp` (block time truncated to the day), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Rolling 7-day window aggregation

- **Purpose**: Aggregate daily active senders into a rolling 7-day window to calculate weekly activity.
- **Logic**: A daily datespine is generated to establish a continuous timeline. For each day in the timeline, a rolling 7-day window is constructed by looking back at the preceding six days. Daily unique sending addresses are mapped to each active window based on their transaction timestamps.
- **Key fields**: `timestamp` (the reference day for the rolling window), `token_address` (the asset identifier), `sender_address` (the address active within the window)

### Component C: Final deduplication and aggregation

- **Purpose**: Calculate the final weekly unique sender count per asset and chain.
- **Logic**: Within each rolling 7-day window, sending addresses are deduplicated to ensure each unique address is counted only once per asset, regardless of transaction frequency. The deduplicated counts are aggregated at both the individual chain level and the global asset level. Missing dates are filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp` (the reference day), `chain_id` (the blockchain identifier), `token_address` (the asset contract address), `asset_senders_weekly` (the count of unique weekly sending addresses)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a rolling 7-day window.

Asset senders (weekly)

Tokenized funds

Gauntlet operates through an automated risk platform that continuously monitors market conditions and executes algorithmic trading strategies to optimize risk-adjusted returns. The platform supports over $42 billion in DeFi TVL through its risk models, manages $2+ billion in vault strategies across multiple chains, and generates revenue by providing institutional-grade vault curation, risk analysis services, and applied research to DeFi protocols, DAOs, and capital allocators.

The platform offers risk-optimized DeFi vaults, automated yield strategies, and comprehensive risk management services across multiple blockchain protocols. Gauntlet provides institutional investors with self-custodial vault strategies spanning yield lending, restaking, perpetual futures, and real-world asset exposure while maintaining sophisticated risk controls and monitoring systems.

Gauntlet is an institutional-grade DeFi risk management and yield optimization platform that provides quantitative analysis and vault strategies for decentralized finance protocols and capital allocators.

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Gauntlet

Gauntlet USDT PRIME V2 (GTUSDTP) is a tokenized fund share issued by Gauntlet.

The fund is open-ended, invests in crypto assets, and charges a 0% annual management fee.

Investors can subscribe and redeem in USDT and instant subscription settlement, and holders have a right to redeem at net asset value with instant settlement.

GTUSDTP has been issued on Ethereum as an ERC-4626 token since November 2025.

Gauntlet USDT PRIME V2GTUSDTP