Ask about Morpho
Morpho(MORPHO)
Total Value Locked$10.643b
TVL by Chain
Ethereum$4.959b
Base$4.143b
Robinhood Chain$554.11m
Hyperliquid L1$254.17m
Monad$185.51m
Arc$185.17m
Morph$73.91m
Flare$46.64m
Tempo$40.86m
Pharos$37.36m
Katana$35.85m
Stable$34.1m
World Chain$33.59m
Arbitrum$21.39m
Citrea$8.64m
Sei$8.12m
Plume Mainnet$5.55m
Polygon$4.16m
OP Mainnet$4.07m
Etherlink$3.65m
Unichain$1.44m
MegaETH$984,782
Celo$883,216
TAC$482,924
XDC$473,209
Kaia$258,876
Abstract$250,427
Soneium$31,263
Lisk$9,601
Hemi$1,939
Avalanche$605
Fraxtal$390
Sonic$103
RISE$95
BSC$83
Scroll$37
0G$36
Ink$13
Corn$0
Botanix$0
Linea$0
Bitlayer$0
Zircuit$0
Mode$0
Gnosis$0
Key Metrics
Fees 30d$14.29m
Fees 30d by chain
Ethereum$6.81m
Base$5.35m
Robinhood Chain$1m
Hyperliquid L1$422,516
Monad$372,051
Stable$116,538
Flare$85,230
Katana$42,050
Arbitrum$30,733
Pharos$19,353
Plume Mainnet$19,322
Tempo$5,948
Abstract$5,077.51
Unichain$4,703.58
OP Mainnet$3,634
Polygon$3,452.84
Citrea$1,047.84
Etherlink$220.95
World Chain$20.64
Celo$18.76
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Morph$0
Scroll$0
Soneium$0
Sonic$0
Zircuit$0
Fees 7d$386.91
Base$386.91
Fees 24h$174
Base$174
Cumulative Fees$344.91m
Ethereum$210.66m
Base$103.89m
Hyperliquid L1$15.18m
Arbitrum$4.67m
Katana$2.85m
Monad$2.14m
Robinhood Chain$2m
Polygon$1.27m
Unichain$1.06m
Flare$352,373
OP Mainnet$308,530
Stable$188,714.44
Plume Mainnet$99,738
Soneium$90,232.01
Corn$40,518
World Chain$36,174
Pharos$32,371.45
Abstract$8,085.26
Citrea$7,720.2
Tempo$6,601.43
Hemi$3,640
Etherlink$3,340.75
Celo$655.08
Fraxtal$1
Ink$0
Mode$0
Morph$0
Scroll$0
Sonic$0
Zircuit$0
Revenue 30d$0
Revenue 30d by chain
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
Morph$0
OP Mainnet$0
Pharos$0
Plume Mainnet$0
Polygon$0
Robinhood Chain$0
Scroll$0
Soneium$0
Sonic$0
Stable$0
Tempo$0
Unichain$0
World Chain$0
Zircuit$0
Revenue 7d$0
Base$0
Revenue 24h$0
Base$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
Morph$0
OP Mainnet$0
Pharos$0
Plume Mainnet$0
Polygon$0
Robinhood Chain$0
Scroll$0
Soneium$0
Sonic$0
Stable$0
Tempo$0
Unichain$0
World Chain$0
Zircuit$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
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
Morph$0
OP Mainnet$0
Pharos$0
Plume Mainnet$0
Polygon$0
Robinhood Chain$0
Scroll$0
Soneium$0
Sonic$0
Stable$0
Tempo$0
Unichain$0
World Chain$0
Zircuit$0
Holders Revenue 7d$0
Base$0
Holders Revenue 24h$0
Base$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
Morph$0
OP Mainnet$0
Pharos$0
Plume Mainnet$0
Polygon$0
Robinhood Chain$0
Scroll$0
Soneium$0
Sonic$0
Stable$0
Tempo$0
Unichain$0
World Chain$0
Zircuit$0
Incentives 1y$11.92m
$484,466.2
$95,926.4
$7,948.3
$45.89m
Earnings (30d Run Rate)-$5.91m
-$484,466.2
-$95,926.4
-$7,948.3
-$45.89m
Collateral Liquidated 30d$39.82m
Collateral Liquidated 30d by chain
Ethereum$37.5m
Base$1.48m
Hyperliquid L1$681,500.97
Robinhood Chain$124,507.23
Flare$28,992.09
Abstract$5,841
Plume Mainnet$743.32
Katana$266.49
World Chain$151.92
Arbitrum$72.12
Polygon$1.18
Celo$0
Citrea$0
Etherlink$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Morph$0
OP Mainnet$0
Pharos$0
Scroll$0
Soneium$0
Sonic$0
Stable$0
Tempo$0
Zircuit$0
Collateral Liquidated 7d$1,055.87
Ethereum$1,055.87
Collateral Liquidated 24h$43.61
Ethereum$43.61
Cumulative Collateral Liquidated$86.15m
Ethereum$81.4m
Hyperliquid L1$2.57m
Base$1.94m
Robinhood Chain$124,565.04
Flare$68,674.09
Celo$22,905
Abstract$6,948.82
Polygon$5,303.84
Arbitrum$3,059.04
Plume Mainnet$2,976.58
Katana$528.76
World Chain$451.97
OP Mainnet$18
Pharos$1.39
Sonic$0.04
Citrea$0
Etherlink$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Morph$0
Scroll$0
Soneium$0
Stable$0
Tempo$0
Zircuit$0
Market Cap$1.743b
$MORPHO Price$2.49
$2.494b
$2.49b
$MORPHO Volume 24h$30.52m
CEX Volume$20.26m
DEX Volume$10.85m(35.54% of total)
Active Loans$5.165b
Treasury$34.17m
$77.28
Stablecoins$99.96
Own Tokens$34.17m
Others$1,651.31
Total Raised$243m
Jul 13, 2022$18mRound: StrategicInvestors: a16z, Variant
Feb 28, 2024Round: PrivateInvestors: Pantera Capital
Aug 1, 2024$50mRound: StrategicInvestors: 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.
- Morpho BlueLending
- Morpho MidnightLending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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 Tracked247
Average Supply APY4.25%
User Activity
Active Addresses (24h)3,183
Transactions (24h)48,295
Competitors
Frequently Asked Questions
What is Morpho's TVL?
Morpho currently has $10.643b in total value locked. TVL has increased 18.7% over the past 30 days.
What chains does Morpho operate on?
Morpho operates on 45 chains: Ethereum, Base, Robinhood Chain, Hyperliquid L1, and Monad and 40 others. Ethereum holds the largest share at 46.6%.
How much has Morpho generated in fees and revenue?
Over the past 30 days, Morpho generated $14.29m in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $200.51m in fees.
What is the MORPHO token price and valuation?
MORPHO is currently trading at $2.5. Its circulating market capitalization is $1.746b, ranking it #69. Its fully diluted valuation is $2.498b. Supply currently stands at 698.91m circulating, 1b total supply, 1b maximum supply.
How has MORPHO performed recently?
MORPHO is up 14.2% over the past 7 days and up 9.6% over the past 30 days. Its all-time high is $4.17, reached on Jan 17, 2025. The token is currently 40% below that level.
How does Morpho's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Morpho ranks #2 by TVL. The category holds $53.215b across 516 protocols, and Morpho accounts for 20% of that total. Other leading protocols include Aave V3, Avalon Finance, Euler V2, Ajna V2, PWN, Gearbox, Tarot, Impermax V2, Compound V3, and Folks Finance xChain.
How much has been borrowed through Morpho?
Morpho currently has $5.165b in active loans.
Does Morpho have a treasury?
Morpho has a tracked treasury currently valued at $34.17m. Its holdings include $99.96 in stablecoins, $77.28 in major assets, $34.17m in its own tokens, $1,651.31 in other assets.