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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Holders Revenue: 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
Yields
Pools Tracked806
Average APY2.73%

