Ask about Morpho
Logo of MorphoMorpho(MORPHO)
Total Value Locked$6.728b

TVL by Chain

Ethereum$3.436b

Base$2.637b

Hyperliquid L1$290.7m

Monad$92.69m

Katana$86.33m

Flare$44.85m

Arbitrum$35.56m

World Chain$30.63m

Sei$29.06m

Stable$9.51m

Plume Mainnet$6.89m

OP Mainnet$6.85m

Tempo$6.69m

Citrea$3.83m

Polygon$3.7m

Etherlink$3.57m

Hemi$1.69m

Celo$824,370

TAC$507,784

Kaia$440,290

Abstract$386,395

Lisk$112,720

Soneium$28,259

Scroll$7,033

Fraxtal$263

Corn$128

Sonic$83

BSC$80

0G$43

Botanix$15

Ink$13

Arc$7

Bitlayer$0

Gnosis$0

Unichain$0

Mode$0

Linea$0

Zircuit$0

Key Metrics

Fees (Annualized)$203.49m
Fees 30d$19.28m

Base$9.63m

Ethereum$8.03m

Hyperliquid L1$892,619

Monad$236,092

Katana$232,874

Arbitrum$137,024

Flare$61,884

Plume Mainnet$25,402

OP Mainnet$14,552

Polygon$7,725

Unichain$5,640

World Chain$2,544

Citrea$1,821

Abstract$1,665

Soneium$51

Celo$41

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 7d$3.15m

Ethereum$1.65m

Base$1.19m

Hyperliquid L1$151,924

Katana$63,613

Monad$44,861

Arbitrum$22,658

Flare$19,347

Plume Mainnet$5,635

OP Mainnet$2,153

Polygon$1,600

Unichain$746

Citrea$373

Abstract$175

World Chain$60

Soneium$9

Celo$7

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 24h$444,547

Ethereum$228,335

Base$174,460

Hyperliquid L1$24,460

Monad$5,975

Katana$4,375

Flare$2,782

Arbitrum$2,375

Plume Mainnet$1,036

OP Mainnet$393

Polygon$196

Unichain$137

Abstract$22

World Chain$1

Celo$0

Citrea$0

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Zircuit$0

Cumulative Fees$297.11m

Ethereum$189.29m

Base$83.27m

Hyperliquid L1$13.38m

Arbitrum$4.56m

Katana$2.66m

Polygon$1.26m

Monad$1.12m

Unichain$1.04m

OP Mainnet$282,769

Soneium$90,201

Flare$64,645

Corn$40,518

World Chain$36,079

Plume Mainnet$26,407

Hemi$2,709

Citrea$1,821

Abstract$1,687

Celo$41

Fraxtal$1

Ink$0

Mode$0

Scroll$0

Sonic$0

Stable$0

Zircuit$0

Revenue (Annualized)$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 (Annualized)$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$17.36m

Incentives 30d$82,937

Incentives 7d$15,457

Incentives 24h$2,349

Cumulative Incentives$44.57m

Earnings (Annualized)-$17.36m

Earnings 30d-$82,937

Earnings 7d-$15,457

Earnings 24h-$2,349

Cumulative Earnings-$44.57m

Market Cap$1.272b

$MORPHO Price$1.97

All Time High$4.17

All Time Low$0.71

Fully Diluted Valuation$1.968b

Outstanding FDV$1.97b

$MORPHO Volume 24h$12.19m

CEX Volume$10.21m

DEX Volume$2.69m(22.03% of total)

Active Loans$3.502b

$MORPHO Liquidity$6.54m

Aerodrome Slipstream$3.24m

Uniswap V3$1.87m

Uniswap V3$1.34m

Aerodrome V1$91,302

Treasury$38.85m

Majors$50.2

Stablecoins$99.94

Own Tokens$38.85m

Others$987.38

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

Holders Revenue: View code on GitHub

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 Tracked802

Average APY2.83%