Ask about Morpho
Logo of MorphoMorpho(MORPHO)
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.

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 Tracked808

Average APY2.52%