The DeFi risk management firm made the jump to Morpho less than a week after parting ways with rival lending protocol Aave.
Decentralized finance (DeFi) risk management firm Gauntlet has teamed up with DeFi lending protocol Morpho just days after its abrupt split with Aave.
The partnership announced on Feb. 27 sees Gauntlet creating its own lending products on MorphoBlue, a new protocol that allows firms to spin up their own lending and borrowing pools dubbed “vaults.”
Typically, lending protocols hire firms like Gauntlet to help advise and manage risks. MorphoBlue, however, will effectively give risk managers the ability to create and manage their own lending protocols.