Total Value Locked$6.929b
TVL by Chain
Ethereum$3.446b
Base$2.771b
Hyperliquid L1$331.51m
Monad$90.01m
Katana$83.91m
Flare$47.71m
World Chain$36.3m
Arbitrum$32.39m
Sei$25.97m
Stable$25.75m
Plume Mainnet$7.7m
Tempo$7.38m
OP Mainnet$7.02m
Citrea$3.86m
Etherlink$3.53m
Polygon$3.42m
Hemi$1.75m
Unichain$1.71m
Celo$859,036
TAC$632,465
Kaia$543,546
Abstract$375,988
Lisk$102,317
Soneium$26,553
Fraxtal$271
Corn$128
Sonic$83
BSC$80
0G$41
Scroll$36
Arc$24
Botanix$15
Ink$13
Zircuit$0
Gnosis$0
Bitlayer$0
Mode$0
Linea$0
Key Metrics
Fees (Annualized)$205.3m
Fees 30d$19.45m
Base$9.84m
Ethereum$8m
Hyperliquid L1$905,157
Monad$224,304
Katana$212,668
Arbitrum$121,602
Flare$81,114
Plume Mainnet$27,244
OP Mainnet$13,442
Polygon$7,465
Unichain$5,609
Citrea$1,939
Abstract$1,698
World Chain$1,607
Hemi$935
Soneium$45
Celo$42
Corn$0
Fraxtal$0
Ink$0
Mode$0
Scroll$0
Sonic$0
Zircuit$0
Fees 7d$3.63m
Ethereum$1.89m
Base$1.47m
Hyperliquid L1$146,614
Monad$46,712
Katana$29,970
Arbitrum$17,250
Flare$16,907
Plume Mainnet$7,214
OP Mainnet$3,100
Unichain$1,850
Polygon$1,324
Abstract$123
Citrea$118
World Chain$46
Soneium$9
Celo$1
Corn$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Scroll$0
Sonic$0
Zircuit$0
Fees 24h$494,488
Ethereum$263,354
Base$197,921
Hyperliquid L1$17,625
Monad$6,451
Katana$3,518
Flare$2,528
Arbitrum$1,590
Plume Mainnet$978
OP Mainnet$343
Polygon$152
Abstract$26
World Chain$1
Celo$0
Citrea$0
Corn$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Scroll$0
Soneium$0
Sonic$0
Unichain$0
Zircuit$0
Cumulative Fees$301.24m
Ethereum$191.41m
Base$84.98m
Hyperliquid L1$13.54m
Arbitrum$4.57m
Katana$2.7m
Polygon$1.26m
Monad$1.18m
Unichain$1.04m
OP Mainnet$286,129
Soneium$90,210
Flare$83,347
Corn$40,518
World Chain$36,126
Plume Mainnet$34,700
Hemi$3,644
Citrea$1,939
Abstract$1,837
Celo$42
Fraxtal$1
Ink$0
Mode$0
Scroll$0
Sonic$0
Stable$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
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 (30d Run Rate)$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$17.22m
Incentives 30d$90,077
Incentives 7d$21,880
Incentives 24h$4,472
Cumulative Incentives$44.62m
Earnings (30d Run Rate)-$1.1m
Earnings 30d-$90,077
Earnings 7d-$21,880
Earnings 24h-$4,472
Cumulative Earnings-$44.62m
Market Cap$1.208b
$MORPHO Price$1.86
All Time High$4.17
All Time Low$0.71
Fully Diluted Valuation$1.867b
Outstanding FDV$1.86b
$MORPHO Volume 24h$9.47m
CEX Volume$9.74m
DEX Volume$2.61m(27.57% of total)
Active Loans$3.611b
$MORPHO Liquidity$6.54m
Aerodrome Slipstream$3.24m
Uniswap V3$1.87m
Uniswap V3$1.34m
Aerodrome V1$91,302
Treasury$35.96m
Majors$52
Stablecoins$99.89
Own Tokens$35.96m
Others$2,755
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 Tracked808
Average APY2.52%

