Ask about Morpho
Logo of MorphoMorpho(MORPHO)
Total Value Locked$6.687b

TVL by Chain

Ethereum$3.415b

Base$2.611b

Hyperliquid L1$307.36m

Monad$92.09m

Katana$81.28m

Flare$44.53m

Arbitrum$35.59m

World Chain$29.66m

Sei$29.1m

Stable$9.48m

OP Mainnet$7.1m

Plume Mainnet$6.88m

Citrea$3.83m

Polygon$3.69m

Tempo$3.65m

Etherlink$3.57m

Hemi$1.7m

Celo$819,684

TAC$506,331

Kaia$447,730

Abstract$385,837

Lisk$112,716

Soneium$29,208

Scroll$7,007

Fraxtal$262

Corn$128

Sonic$83

BSC$80

0G$42

Botanix$15

Ink$13

Arc$6

Zircuit$0

Gnosis$0

Bitlayer$0

Linea$0

Mode$0

Unichain$0

Key Metrics

Fees (Annualized)$203.34m
Fees 30d$19.27m

Base$9.64m

Ethereum$8.01m

Hyperliquid L1$886,382

Monad$238,282

Katana$235,337

Arbitrum$138,987

Flare$59,102

Plume Mainnet$24,366

OP Mainnet$14,654

Polygon$7,704

Unichain$5,513

World Chain$2,544

Citrea$1,821

Abstract$1,643

Soneium$51

Celo$41

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 7d$4.89m

Base$2.26m

Ethereum$2.18m

Hyperliquid L1$261,162

Katana$82,342

Monad$47,303

Arbitrum$25,027

Flare$21,781

Plume Mainnet$5,406

OP Mainnet$2,139

Polygon$1,973

Unichain$928

Abstract$776

Citrea$416

World Chain$60

Soneium$16

Celo$13

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 24h$429,491

Ethereum$223,993

Base$160,479

Hyperliquid L1$25,288

Katana$6,252

Monad$6,127

Arbitrum$3,071

Flare$2,945

Plume Mainnet$704

OP Mainnet$255

Polygon$125

Citrea$112

Unichain$104

Abstract$18

World Chain$18

Celo$1

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Zircuit$0

Cumulative Fees$296.66m

Ethereum$189.07m

Base$83.06m

Hyperliquid L1$13.35m

Arbitrum$4.55m

Katana$2.66m

Polygon$1.26m

Monad$1.11m

Unichain$1.04m

OP Mainnet$282,483

Soneium$90,201

Flare$61,939

Corn$40,518

World Chain$36,079

Plume Mainnet$24,854

Hemi$2,709

Citrea$1,821

Abstract$1,657

Celo$41

Fraxtal$1

Ink$0

Mode$0

Scroll$0

Sonic$0

Stable$0

Zircuit$0

Revenue (Annualized)$0
Revenue 30d$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Unichain$0

World Chain$0

Zircuit$0

Revenue 7d$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Unichain$0

World Chain$0

Zircuit$0

Revenue 24h$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Unichain$0

World Chain$0

Zircuit$0

Cumulative Revenue$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Stable$0

Unichain$0

World Chain$0

Zircuit$0

Holders Revenue (Annualized)$0
Holders Revenue 30d$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Unichain$0

World Chain$0

Zircuit$0

Holders Revenue 7d$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Unichain$0

World Chain$0

Zircuit$0

Holders Revenue 24h$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Unichain$0

World Chain$0

Zircuit$0

Cumulative Holders Revenue$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Flare$0

Fraxtal$0

Hemi$0

Hyperliquid L1$0

Ink$0

Katana$0

Mode$0

Monad$0

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Stable$0

Unichain$0

World Chain$0

Zircuit$0

Incentives 1y$17.37m

Incentives 30d$85,217

Incentives 7d$16,980

Incentives 24h$5,092

Cumulative Incentives$44.57m

Earnings (Annualized)-$17.37m

Earnings 30d-$85,217

Earnings 7d-$16,980

Earnings 24h-$5,092

Cumulative Earnings-$44.57m

Market Cap$1.238b

$MORPHO Price$1.92

All Time High$4.17

All Time Low$0.71

Fully Diluted Valuation$1.916b

Outstanding FDV$1.92b

$MORPHO Volume 24h$17.39m

CEX Volume$12.52m

DEX Volume$3.68m(21.15% of total)

Active Loans$3.463b

$MORPHO Liquidity$6.54m

Aerodrome Slipstream$3.24m

Uniswap V3$1.87m

Uniswap V3$1.34m

Aerodrome V1$91,302

Treasury$37.58m

Majors$49.61

Stablecoins$99.92

Own Tokens$37.58m

Others$1,015

Total Raised$243m

Jul 13, 2022$18mRound: Strategic Investors: a16z, Variant

Feb 28, 2024Round: PrivateInvestors: Pantera Capital

Aug 1, 2024$50mRound: Strategic Investors: Ribbit Capital, a16z crypto, Coinbase Ventures, Variant Fund, Pantera Capital, Brevan Howard, BlockTower Capital, Kraken Ventures, Hack VC, IOSG, RockawayX, L1D, Mirana Ventures, Cherry Crypto, Semantic, Fenbushi Capital, LeadBlock Partners, Robot Ventures

Jun 9, 2026$175mRound: Investors: Paradigm, a16z crypto, Ribbit Capital, VanEck, Apollo Global Management, Circle Ventures, Ledger Cathay Capital, Variant Fund, Wintermute Ventures, IOSG Ventures, HashKey Capital, SBI Group, BPI France, Mirana Ventures

Protocol Information

Morpho is a permissionless decentralized lending platform that operates on two levels: it offers tailored solutions for users to earn and borrow on their terms and provides a flexible infrastructure stack that empowers developers and businesses to build custom applications. Morpho's unique value lies in offering users the ability to tailor their own risk-reward profile by selecting from curated vaults, markets, or products.

CategoryLending

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Holders Revenue: View code on GitHub

Incentives: 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

Yields

Pools Tracked806

Average APY2.73%