Key Metrics
Fees (Annualized)$834,942
Fees 30d$28,008
Ethereum$28,008
Arbitrum$0
Fees 7d$6,949
Ethereum$6,949
Arbitrum$0
Fees 24h$1,048
Ethereum$1,048
Arbitrum$0
Cumulative Fees$9.84m
Ethereum$9.84m
Arbitrum$0
Revenue (Annualized)$834,942
Revenue 30d$28,008
Ethereum$28,008
Arbitrum$0
Revenue 7d$6,949
Ethereum$6,949
Arbitrum$0
Revenue 24h$1,048
Ethereum$1,048
Arbitrum$0
Cumulative Revenue$9.84m
Ethereum$9.84m
Arbitrum$0
Holders Revenue (Annualized)$1m
Holders Revenue 30d$31,296
Arbitrum$31,296
Ethereum$0
Holders Revenue 7d$8,369
Arbitrum$8,369
Ethereum$0
Holders Revenue 24h$1,199
Arbitrum$1,199
Ethereum$0
Cumulative Holders Revenue$7.21m
Arbitrum$7.21m
Ethereum$0
Incentives 1y$10.61m
$819,421.02
$223,142.01
$54,450.92
$123.56m
Earnings (Annualized)-$9.78m
-$791,413.02
-$216,193.01
-$53,402.92
-$113.71m
Market Cap$18.79m
$MOR Price$2.22
$19.42m
$93.24m
$MOR Volume 24h$20,470
CEX Volume$1,983.23
DEX Volume$18,294.5(89.37% of total)
Staked$5.04m(26.82% of mcap)
$MOR Liquidity$3.29m
Uniswap V3$2.5m
Aerodrome V1$662,835
Uniswap V3$126,217
Protocol Information
Morpheus is the decentralized infrastructure layer where anyone can build, deploy, and scale AI without gatekeepers. It combines yield-powered tokenomics, decentralized compute, and open-source code into a permissionless network — with the native token MOR aligning incentives through daily emissions to four contributor groups: Capital, Compute, Code, and Builders.
Category:AI Agents
Audits:
Methodology
TVL: Ethereum TVL counts stETH and Aave aToken deposits held by the Morpheus capital contracts. Arbitrum and Base staking count the MOR balance held by their respective Morpheus Builders contracts; reported under staking because the deposit asset is the protocol token.View code on GitHubFees: Yield captured from deposits: stETH rebasing (Lido) + Aave V3 interest on wETH, USDC, USDT, wBTC.View code on GitHubRevenue: All captured yield (100%).View code on GitHubHolders Revenue: MOR buybacks funded by yield (75%): buy & burn, buy & lock, buy & add to PoL.View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Competitors
Frequently Asked Questions
What is MorpheusAI?
Morpheus is the decentralized infrastructure layer where anyone can build, deploy, and scale AI without gatekeepers. It combines yield-powered tokenomics, decentralized compute, and open-source code into a permissionless network — with the native token MOR aligning incentives through daily emissions to four contributor groups: Capital, Compute, Code, and Builders.
What is MorpheusAI's TVL?
MorpheusAI currently has $16.18m in total value locked. TVL has increased 36.3% over the past 30 days.
What chains does MorpheusAI operate on?
MorpheusAI operates on 3 chains: Arbitrum, Base, and Ethereum. Ethereum holds the largest share at 100%.
How much has MorpheusAI generated in fees and revenue?
Over the past 30 days, MorpheusAI generated $28,008 in fees. Of that, $28,008 was protocol revenue. Based on the trailing year, the annualized rate is $834,942 in fees and $834,942 in revenue.
What is the MOR token price and valuation?
MOR is currently trading at $2.22. Its circulating market capitalization is $18.79m, ranking it #1,034. Its fully diluted valuation is $19.42m. Supply currently stands at 8.48m circulating, 8.76m total supply, 42m maximum supply.
How has MOR performed recently?
MOR is down 7.6% over the past 7 days and up 15.4% over the past 30 days. Its all-time high is $138.99, reached on May 22, 2024. The token is currently 98.4% below that level.
How does MorpheusAI's TVL compare to similar protocols?
Among AI Agents protocols tracked by DefiLlama, MorpheusAI ranks #1 by TVL. The category holds $26.47m across 33 protocols, and MorpheusAI accounts for 61.1% of that total. Other leading protocols include ZyFAI, Capx AI, and AgentFi.

