Gauntlet vs Sky Money: Which DeFi curator fits? (2026)

Gauntlet and Sky Money both curate Morpho lending vaults, but they serve different purposes. Gauntlet presents itself as a risk manager and curator for fintechs, exchanges and asset managers. Its vaults can lend, restake and allocate across strategies, markets and chains; it also offers embedded Earn programs and custom strategies. Fourteen chains are listed.

Sky Money is a gateway to Sky Protocol, formerly MakerDAO, with savings, rewards, staking and borrowing features. It also curates Morpho lending vaults, but Ethereum is its only listed chain. Its ecosystem centers on USDS and its native SKY token.

The scale differs too: Gauntlet has about $1.54 billion in TVL, compared with about $98 million for Sky Money. TVL is not a measure of safety or a promise of returns. Choose based on the product and network you want, rather than treating the larger figure as a guarantee.

Neither publishes a complete fee schedule. Gauntlet does not set out vault management or performance fees in its homepage information. It says users of at least one integration, KAST Earn, pay no gas fees, but that statement applies to that program and should not be assumed to cover every Gauntlet vault or integration. Check the specific vault page and its documentation before depositing.

Sky Money does not publish savings rates, borrowing costs or a fee schedule in its homepage information. Its users should expect Ethereum network gas costs for transactions. Any rates, stability fees or vault charges may depend on the specific product and can change, so confirm them in the app or relevant protocol documentation before using it.

If fee certainty is central to your choice, neither offers enough published information here to compare total costs in advance. Review the terms for the exact strategy and transaction you plan to use.

Neither Gauntlet nor Sky Money has audits listed for its entry. Gauntlet describes a monitoring stack that includes Hypernative for onchain monitoring, Zeroshadow for response monitoring and Chainalysis for tracing. Those tools do not replace audits of the contracts you use. Look for audit reports for the specific vault contracts before depositing.

Gauntlet vaults carry curator and allocation risk as well as the risks of underlying protocols such as Morpho and Pendle. A risk model and human oversight can guide decisions, but cannot prevent losses, depegs or liquidity problems. Sky Money is described as non-custodial, so users connect their own wallets; that does not remove smart-contract, stablecoin or Morpho vault risks. Check the audit histories of Sky Protocol and Morpho yourself.

Neither project mentions hacks or incidents tied to these listings. That is not proof that risk is absent. Confirm that you are using the official Sky Money site, since similarly named apps have been reported, and check local rules before using DeFi products.

Choose Gauntlet if you want a curator with broad chain coverage, varied vault strategies, custom allocations or an Earn product embedded in another app. Its institutional focus and risk-management history make it a better match for partners and users looking for curated exposure across multiple markets. You still need to assess each vault: returns depend on the strategy, curator decisions and underlying protocols, and are not guaranteed.

Choose Sky Money if you specifically want access to Sky Protocol's savings, rewards, staking or borrowing features, or its Ethereum Morpho vaults. It keeps its listed activity on one network and has the SKY token, but that narrower scope means no listed alternatives to Ethereum. You remain responsible for your wallet and for understanding stablecoin, contract and vault risks.

For either option, compare the exact vault or product terms, rates and costs before connecting or depositing. Do not choose solely by TVL or token availability.