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.
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%

