Ask about Morpho
Logo of MorphoMorpho(MORPHO)
Total Value Locked$6.88b

TVL by Chain

Ethereum$3.401b

Base$2.816b

Hyperliquid L1$296.72m

Monad$93.56m

Katana$70.24m

Flare$48.72m

Arbitrum$28.13m

World Chain$27.77m

Stable$26.82m

Sei$23.83m

Robinhood Chain$11.55m

Tempo$8.29m

Plume Mainnet$6.33m

OP Mainnet$5.38m

Citrea$3.95m

Etherlink$3.56m

Polygon$3.22m

Hemi$1.53m

Unichain$1.41m

TAC$880,439

Celo$828,093

Abstract$342,828

Kaia$193,117

Lisk$106,942

Soneium$24,588

Scroll$7,136

Fraxtal$267

MegaETH$93

Sonic$83

BSC$81

0G$36

Botanix$14

Ink$13

Corn$0

Zircuit$0

Linea$0

Gnosis$0

Bitlayer$0

Mode$0

Key Metrics

Fees (Annualized)$209.59m
Fees 30d$21.31m

Base$10.38m

Ethereum$9.22m

Hyperliquid L1$1.01m

Katana$206,983

Monad$201,948

Flare$97,115

Arbitrum$94,105

Stable$38,877

Plume Mainnet$26,018

OP Mainnet$12,733

Polygon$7,267

Unichain$6,072

Citrea$2,167

Abstract$1,342

Hemi$935

Celo$619

World Chain$372

Etherlink$326

Soneium$53

Tempo$1

Corn$0

Fraxtal$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 7d$4.96m

Ethereum$2.7m

Base$1.86m

Hyperliquid L1$249,639

Monad$42,767

Katana$30,896

Flare$29,831

Stable$16,653

Arbitrum$12,876

Plume Mainnet$5,013

OP Mainnet$3,914

Unichain$2,748

Polygon$1,369

Citrea$643

Etherlink$326

World Chain$186

Abstract$104

Celo$62

Tempo$1

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Zircuit$0

Fees 24h$755,614

Ethereum$492,554

Base$213,685

Hyperliquid L1$29,801

Flare$6,730

Monad$5,536

Stable$2,518

Katana$1,905

Arbitrum$1,050

Plume Mainnet$560

OP Mainnet$481

Polygon$290

Unichain$284

Citrea$205

Abstract$13

World Chain$1

Celo$0

Etherlink$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Tempo$0

Zircuit$0

Cumulative Fees$308.83m

Ethereum$195.44m

Base$87.94m

Hyperliquid L1$13.88m

Arbitrum$4.59m

Katana$2.74m

Polygon$1.26m

Monad$1.24m

Unichain$1.04m

OP Mainnet$291,967

Flare$127,644

Soneium$90,226

Plume Mainnet$43,665

Stable$41,395

Corn$40,518

World Chain$36,316

Hemi$3,644

Citrea$3,595

Abstract$1,992

Celo$647

Etherlink$326

Fraxtal$1

Tempo$1

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Revenue (30d Run Rate)$0
Revenue 30d$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Etherlink$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

Tempo$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

Etherlink$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

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Revenue 24h$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Ethereum$0

Etherlink$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

Tempo$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

Etherlink$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

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Corn$0

Ethereum$0

Etherlink$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

Tempo$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

Etherlink$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

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Holders Revenue 24h$0

Abstract$0

Arbitrum$0

Base$0

Celo$0

Citrea$0

Ethereum$0

Etherlink$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

Tempo$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

Etherlink$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

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Incentives 1y$17.04m

Incentives 30d$136,296

Incentives 7d$38,025

Incentives 24h$11,395

Cumulative Incentives$44.71m

Earnings (30d Run Rate)-$1.66m

Earnings 30d-$136,296

Earnings 7d-$38,025

Earnings 24h-$11,395

Cumulative Earnings-$44.71m

Market Cap$1.328b

$MORPHO Price$2.05

All Time High$4.17

All Time Low$0.71

Fully Diluted Valuation$2.046b

Outstanding FDV$2.05b

$MORPHO Volume 24h$23.98m

CEX Volume$18.1m

DEX Volume$6.27m(26.15% of total)

Active Loans$3.647b

$MORPHO Liquidity$6.54m

Aerodrome Slipstream$3.24m

Uniswap V3$1.87m

Uniswap V3$1.34m

Aerodrome V1$91,302

Treasury$28.88m

Majors$50.82

Stablecoins$99.9

Own Tokens$28.88m

Others$2,676

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

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 Tracked620

Average APY1.77%