Gauntlet has announced an increase in the caps for its hJLP vaults on the Drift Protocol to enhance yield opportunities for depositors. The new caps are set at $20 million for hJLP 1x (USDC) and $7.5 million for hJLP 2x (USDC). This decision follows the implementation of an advanced JLP buying logic, which aims to minimize concerns about yield dilution for existing vault depositors. The shift reflects a broader trend in decentralized finance (DeFi) where users are increasingly interested in high-yield stablecoin options, as noted by industry participants who emphasize the appeal of such assets for both compounding and speculative investments. Additionally, there is a growing sentiment among investors to explore various ecosystems and risk profiles in the DeFi space, with some expressing intentions to deploy stablecoins back into the market soon.