GSR and Turtle Launch Hare With $100M Backing as Curator Vault Deposits Reach $8.96B
GSR and Turtle have launched Hare, a credit underwriting platform backed by $100 million of GSR capital, to assess offchain credit risk in curated DeFi vaults. Curated vault deposits rose 28.0% to $8.96 billion in Q3 2026, with $1.3 billion in new inflows. Hare will open two flagship Aave vaults for USD stablecoins and PAXG gold, following the November 2025 xUSD collapse.
