This product was deprecated. https://snapshot.box/#/s:morpho.eth/proposal/0x60b31cceca2beee55f8845f86b7988ee36f29ad50f5dda636164ab50b561936b
Logo of Morpho Optimizer AaveV3

Morpho Optimizer AaveV3(MORPHO)Deprecated protocol

Total Value Locked$26,266

TVL by Chain

Ethereum$26,266

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

Key Metrics

Active Loans$36.97

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Protocol Information

Morpho's AaveV3-ETH Optimizer allows WETH-only transactions in ETH efficiency mode. It offers high-leverage WETH borrowing using stETH, USDC, WBTC, and DAI as collateral

Category:Lending

Audits:

Methodology

TVL: Collateral (supply minus borrows) in the balance of the Morpho contractsView code on GitHub

Morpho Optimizer AaveV3 history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 3, 2023 to Nov 8, 2026.

All-time high TVL: $458.39m on Mar 11, 2024. All-time low TVL: $2,167 on May 3, 2023.

Daily TVL, Oct 10, 2026 to Nov 8, 2026

DateTVL
Oct 10, 2026$27,876
Oct 11, 2026$27,978
Oct 12, 2026$28,306
Oct 13, 2026$27,302
Oct 14, 2026$28,028
Oct 15, 2026$26,902
Oct 16, 2026$27,471
Oct 17, 2026$27,336
Oct 18, 2026$27,648
Oct 19, 2026$27,630
Oct 20, 2026$27,651
Oct 21, 2026$27,937
Oct 22, 2026$27,871
Oct 23, 2026$27,541
Oct 24, 2026$27,351
Oct 25, 2026$27,254
Oct 26, 2026$26,805
Oct 27, 2026$26,922
Oct 28, 2026$27,267
Oct 29, 2026$26,820
Oct 30, 2026$26,126
Oct 31, 2026$26,317
Nov 1, 2026$26,518
Nov 2, 2026$26,709
Nov 3, 2026$26,450
Nov 4, 2026$26,545
Nov 5, 2026$27,800
Nov 6, 2026$26,235
Nov 7, 2026$26,364
Nov 8, 2026$26,249

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$359.64m
Jan 31, 2025$348.6m
Feb 28, 2025$245.4m
Mar 31, 2025$120.52m
Apr 30, 2025$64.89m
May 31, 2025$92.86m
Jun 30, 2025$90.52m
Jul 31, 2025$137.84m
Aug 31, 2025$163.15m
Sep 30, 2025$157.07m
Oct 31, 2025$156.21m
Nov 30, 2025$122.61m
Dec 31, 2025$31,047
Jan 31, 2026$29,069
Feb 28, 2026$23,071
Mar 31, 2026$23,960
Apr 30, 2026$25,875
May 31, 2026$24,021
Jun 30, 2026$20,550
Jul 31, 2026$23,188
Aug 31, 2026$27,210
Sep 30, 2026$29,283
Oct 31, 2026$26,317
Nov 8, 2026 (latest)$26,249

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$214.68m
Dec 31, 2024$359.64m
Dec 31, 2025$31,047

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-aavev3

Frequently asked questions

What is Morpho Optimizer AaveV3's TVL?

As of Nov 8, 2026, Morpho Optimizer AaveV3 has $26,266 in total value locked. TVL has decreased 5.4% over the past 30 days.

What chains does Morpho Optimizer AaveV3 operate on?

Morpho Optimizer AaveV3 operates on Ethereum. Ethereum holds the largest share at 100%.

How much has been borrowed through Morpho Optimizer AaveV3?

As of Nov 8, 2026, Morpho Optimizer AaveV3 has $36.97 in active loans.