Ask about Morpho
Logo of MorphoMorpho(MORPHO)
Total Value Locked$6.992b

TVL by Chain

Ethereum$3.447b

Base$2.861b

Hyperliquid L1$285.49m

Monad$84.59m

Katana$66.78m

Robinhood Chain$54.47m

Flare$49.3m

Arbitrum$26.98m

World Chain$26.79m

Stable$25.12m

Sei$22.7m

Tempo$13.8m

Plume Mainnet$6.22m

OP Mainnet$5.25m

Citrea$3.98m

Etherlink$3.56m

Polygon$3.22m

Hemi$1.65m

Unichain$1.48m

TAC$983,814

Celo$849,800

Kaia$334,952

Abstract$330,146

Lisk$100,128

Soneium$24,395

Scroll$9,802

Fraxtal$272

MegaETH$93

Sonic$83

BSC$81

0G$35

Ink$13

Corn$0

Botanix$0

Gnosis$0

Linea$0

Bitlayer$0

Mode$0

Zircuit$0

Key Metrics

Fees (Annualized)$215.65m
Fees 30d$21.2m

Ethereum$12.99m

Base$6.71m

Hyperliquid L1$909,586

Monad$195,262

Katana$118,112

Flare$103,151

Arbitrum$61,011

Stable$52,817

Plume Mainnet$25,894

OP Mainnet$14,061

Robinhood Chain$8,282

Unichain$7,091

Polygon$5,206

Citrea$2,612

Hemi$935

Celo$628

Abstract$484

World Chain$332

Etherlink$326

Soneium$27

Tempo$1

Corn$0

Fraxtal$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 7d$8.01m

Ethereum$6.19m

Base$1.38m

Hyperliquid L1$308,050

Monad$45,971

Flare$32,215

Stable$13,940

Katana$11,763

Arbitrum$9,434

Robinhood Chain$8,282

Plume Mainnet$4,914

OP Mainnet$3,813

Unichain$2,153

Polygon$845

Citrea$704

Abstract$99

World Chain$60

Celo$15

Etherlink$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Tempo$0

Zircuit$0

Fees 24h$2.71m

Ethereum$2.41m

Base$200,209

Hyperliquid L1$71,968

Monad$7,361

Robinhood Chain$3,762

Flare$3,223

Katana$1,829

Arbitrum$1,346

Plume Mainnet$705

OP Mainnet$539

Stable$526

Unichain$385

Citrea$129

Polygon$92

Abstract$17

Celo$13

World Chain$1

Etherlink$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Tempo$0

Zircuit$0

Cumulative Fees$316.08m

Ethereum$201.11m

Base$89.13m

Hyperliquid L1$14.16m

Arbitrum$4.6m

Katana$2.75m

Monad$1.28m

Polygon$1.27m

Unichain$1.04m

OP Mainnet$295,260

Flare$153,687

Soneium$90,226

Stable$52,817

Plume Mainnet$47,671

Corn$40,518

World Chain$36,375

Robinhood Chain$8,282

Citrea$4,060

Hemi$3,644

Abstract$2,068

Celo$662

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

Robinhood Chain$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

Robinhood Chain$0

Scroll$0

Soneium$0

Sonic$0

Stable$0

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Revenue 24h$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

Robinhood Chain$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

Robinhood Chain$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

Robinhood Chain$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

Robinhood Chain$0

Scroll$0

Soneium$0

Sonic$0

Stable$0

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Holders Revenue 24h$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

Robinhood Chain$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

Robinhood Chain$0

Scroll$0

Soneium$0

Sonic$0

Stable$0

Tempo$0

Unichain$0

World Chain$0

Zircuit$0

Incentives 1y$16.61m

Incentives 30d$216,525

Incentives 7d$63,922

Incentives 24h$15,187

Cumulative Incentives$44.62m

Earnings (30d Run Rate)-$2.64m

Earnings 30d-$216,525

Earnings 7d-$63,922

Earnings 24h-$15,187

Cumulative Earnings-$44.62m

Collateral Liquidated 30d$30,506
Collateral Liquidated 30d by chain

Ethereum$30,506

Collateral Liquidated 7d$24

Ethereum$24

Collateral Liquidated 24h$3

Ethereum$3

Cumulative Collateral Liquidated$1.72m

Ethereum$1.72m

Market Cap$1.327b

$MORPHO Price$2.03

All Time High$4.17

All Time Low$0.71

Fully Diluted Valuation$2.03b

Outstanding FDV$2.03b

$MORPHO Volume 24h$23.13m

CEX Volume$20.09m

DEX Volume$6.03m(26.09% of total)

Active Loans$3.765b

$MORPHO Liquidity$6.54m

Aerodrome Slipstream$3.24m

Uniswap V3$1.87m

Uniswap V3$1.34m

Aerodrome V1$91,302

Treasury$27.89m

Majors$52.17

Stablecoins$99.92

Own Tokens$27.89m

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.

Category:Lending

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Collateral Liquidated:

Morpho Optimizer CompoundV2 - Total USD value of collateral seized in LiquidateBorrow events, converted from cToken units to underlying via exchangeRateStored.View code on GitHubMorpho Blue - Total USD value of collateral seized in Morpho Blue Liquidate events.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 Tracked623

Average APY1.84%