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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Holders Revenue: View code on GitHubIncentives: 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%

