This product was deprecated. https://snapshot.org/#/s:morpho.eth/proposal/0x026c3360d4616532952f5ed0d728daa090dd9a9670c7bf58160cd0709c7d73f8
Logo of Morpho Optimizer AaveV2

Morpho Optimizer AaveV2(MORPHO)Deprecated protocol

Total Value Locked$119,429

TVL by Chain

Ethereum$119,429

The chart plots Active Loans as its own series; it is not part of the TVL above.

Key Metrics

Active Loans$4,735

Protocol Information

Morpho AaveV2 is an on-chain peer-to-peer layer on top of lending pools. Rates are seamlessly improved for borrowers and lenders while preserving the same guarantees.

Part of Morpho

Category:Lending

Audits:

Morpho Optimizer AaveV2 history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Oct 8, 2022 to Nov 13, 2026.

All-time high TVL: $574.7m on Mar 12, 2024. All-time low TVL: $113,142 on Jun 29, 2026.

Daily TVL, Oct 15, 2026 to Nov 13, 2026

DateTVL
Oct 15, 2026$134,626
Oct 16, 2026$137,127
Oct 17, 2026$136,308
Oct 18, 2026$136,189
Oct 19, 2026$136,765
Oct 20, 2026$135,777
Oct 21, 2026$137,404
Oct 22, 2026$137,906
Oct 23, 2026$136,110
Oct 24, 2026$135,159
Oct 25, 2026$134,676
Oct 26, 2026$133,645
Oct 27, 2026$133,024
Oct 28, 2026$134,240
Oct 29, 2026$134,627
Oct 30, 2026$131,646
Oct 31, 2026$130,310
Nov 1, 2026$131,136
Nov 2, 2026$132,021
Nov 3, 2026$130,603
Nov 4, 2026$130,487
Nov 5, 2026$135,952
Nov 6, 2026$129,709
Nov 7, 2026$129,781
Nov 8, 2026$129,606
Nov 9, 2026$127,585
Nov 10, 2026$126,898
Nov 11, 2026$124,495
Nov 12, 2026$124,615
Nov 13, 2026$122,288

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$38.68m
Jan 31, 2025$37.11m
Feb 28, 2025$23.09m
Mar 31, 2025$17.46m
Apr 30, 2025$2.91m
May 31, 2025$2.57m
Jun 30, 2025$1.77m
Jul 31, 2025$1.76m
Aug 31, 2025$799,857
Sep 30, 2025$418,560
Oct 31, 2025$351,361
Nov 30, 2025$235,821
Dec 31, 2025$221,304
Jan 31, 2026$208,043
Feb 28, 2026$166,341
Mar 31, 2026$167,349
Apr 30, 2026$178,917
May 31, 2026$133,587
Jun 30, 2026$113,908
Jul 31, 2026$120,259
Aug 31, 2026$136,509
Sep 30, 2026$142,875
Oct 31, 2026$130,310
Nov 13, 2026 (latest)$122,288

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
Dec 31, 2022$141.06m
Dec 31, 2023$359.29m
Dec 31, 2024$38.68m
Dec 31, 2025$221,304

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/morpho-optimizer-aavev2

Frequently asked questions

What is Morpho Optimizer AaveV2's TVL?

As of Nov 13, 2026, Morpho Optimizer AaveV2 has $119,429 in total value locked. TVL has decreased 14.2% over the past 30 days.

What chains does Morpho Optimizer AaveV2 operate on?

Morpho Optimizer AaveV2 operates on Ethereum. Ethereum holds the largest share at 100%.

How much has been borrowed through Morpho Optimizer AaveV2?

As of Nov 13, 2026, Morpho Optimizer AaveV2 has $4,735 in active loans.