Gauntlet Restricts V1 Vault Deposits After Reported op-reth Vulnerability

Gauntlet has restricted deposits into its V1 vaults, paused new allocations, and trimmed exposure to LayerZero-bridged assets after a reported vulnerability in op-reth, the OP Stack execution client. The risk curator said no exploit had been reported to its knowledge, framing the moves as precautionary. The action affects vault strategies that allocate across DeFi protocols and chains tied to the OP Stack, though the announcement did not disclose updated TVL or the size of the LayerZero-bridged positions being reduced. It matters because Gauntlet curates risk for major lending markets and vault products, so its caution can ripple into where depositor capital can flow. Next, watch whether the op-reth issue is confirmed or patched, and whether Gauntlet lifts deposit caps and resumes allocations or extends restrictions to other vault versions.