Gauntlet limits V1 vault deposits and pauses asset allocation

on November 6, according to The Defiant, risk management firm Gauntlet has suspended its V1 vault supply queues, halted asset allocation, and reduced exposure to LayerZero bridge assets following reports of the op-reth vulnerability on certain OP Stack chains. Gauntlet stated that, to its knowledge, there have been no reports of the vulnerability being exploited.

The report notes that clearing the supply queue will block new vault deposits, but this measure alone does not shut down withdrawals or the underlying lending markets; withdrawals remain dependent on the available liquidity in the underlying markets. Gauntlet stated that these measures will remain in effect until the issue is resolved, without providing a specific resumption date.