Ask about Morpho
Logo of MorphoMorpho(MORPHO)
Total Value Locked$7.012b

TVL by Chain

Ethereum$3.437b

Base$2.85b

Hyperliquid L1$288.97m

Robinhood Chain$90.98m

Monad$84.89m

Katana$68.97m

Flare$48.72m

Arbitrum$27.09m

World Chain$27.06m

Stable$23.59m

Sei$22.7m

Tempo$13.76m

Plume Mainnet$6.34m

OP Mainnet$5.45m

Citrea$3.98m

Etherlink$3.56m

Polygon$3.24m

Hemi$1.61m

Unichain$1.48m

TAC$975,098

Celo$858,741

Kaia$333,453

Abstract$330,338

Lisk$96,768

Soneium$24,360

Scroll$9,845

Fraxtal$272

MegaETH$93

Sonic$83

BSC$80

0G$34

Ink$13

Corn$0

Zircuit$0

Gnosis$0

Bitlayer$0

Linea$0

Botanix$0

Mode$0

Key Metrics

Fees (Annualized)$211.59m
Fees 30d$14.39m

Ethereum$7.56m

Base$5.68m

Hyperliquid L1$646,288

Monad$162,196

Katana$120,920

Flare$79,599

Arbitrum$56,505

Stable$41,395

Plume Mainnet$22,588

OP Mainnet$11,113

Unichain$5,230

Polygon$4,760

Citrea$2,147

Hemi$935

Celo$613

Abstract$430

Etherlink$326

World Chain$285

Soneium$34

Tempo$1

Corn$0

Fraxtal$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 7d$1.51m

Ethereum$1.01m

Base$405,403

Hyperliquid L1$56,992

Flare$12,902

Monad$11,645

Stable$5,036

Katana$3,781

Arbitrum$2,169

Plume Mainnet$1,468

OP Mainnet$1,001

Citrea$444

Polygon$424

Unichain$409

Abstract$36

World Chain$2

Celo$0

Etherlink$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Tempo$0

Zircuit$0

Cumulative Fees$308.83m

Ethereum$195.44m

Base$87.94m

Hyperliquid L1$13.88m

Arbitrum$4.59m

Katana$2.74m

Polygon$1.26m

Monad$1.24m

Unichain$1.04m

OP Mainnet$291,967

Flare$127,644

Soneium$90,226

Plume Mainnet$43,665

Stable$41,395

Corn$40,518

World Chain$36,316

Hemi$3,644

Citrea$3,595

Abstract$1,992

Celo$647

Etherlink$326

Fraxtal$1

Tempo$1

Ink$0

Mode$0

Scroll$0

Sonic$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

Etherlink$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

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Revenue 7d$0

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

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Stable$0

Tempo$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

Etherlink$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

Tempo$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

Etherlink$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

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Holders Revenue 7d$0

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

OP Mainnet$0

Plume Mainnet$0

Polygon$0

Scroll$0

Soneium$0

Sonic$0

Stable$0

Tempo$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

Etherlink$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

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Incentives 1y$16.88m

Incentives 30d$168,700

Incentives 7d$45,943

Incentives 24h$5,765

Cumulative Incentives$44.76m

Earnings (30d Run Rate)-$2.06m

Earnings 30d-$168,700

Earnings 7d-$45,943

Cumulative Earnings-$44.76m

Collateral Liquidated 30d$30,504
Collateral Liquidated 30d by chain

Ethereum$30,504

Collateral Liquidated 7d$21

Ethereum$21

Collateral Liquidated 24h$0

Ethereum$0

Cumulative Collateral Liquidated$1.72m

Ethereum$1.72m

Market Cap$1.36b

$MORPHO Price$2.08

All Time High$4.17

All Time Low$0.71

Fully Diluted Valuation$2.085b

Outstanding FDV$2.08b

$MORPHO Volume 24h$20.32m

CEX Volume$18.24m

DEX Volume$5.89m(28.98% of total)

Active Loans$3.749b

$MORPHO Liquidity$6.54m

Aerodrome Slipstream$3.24m

Uniswap V3$1.87m

Uniswap V3$1.34m

Aerodrome V1$91,302

Treasury$28.4m

Majors$52.11

Stablecoins$99.91

Own Tokens$28.39m

Others$2,701

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 Tracked621

Average APY1.84%