Ask about Morpho
Logo of MorphoMorpho(MORPHO)
Total Value Locked$6.78b

TVL by Chain

Ethereum$3.436b

Base$2.68b

Hyperliquid L1$298.07m

Monad$90.61m

Katana$86.75m

Flare$44.85m

Arbitrum$35.57m

World Chain$31.33m

Sei$29.05m

Stable$9.6m

Plume Mainnet$6.92m

Tempo$6.81m

OP Mainnet$6.71m

Citrea$3.86m

Polygon$3.72m

Etherlink$3.56m

Unichain$2.15m

Hemi$1.67m

Celo$823,403

TAC$530,995

Kaia$450,084

Abstract$380,806

Lisk$105,499

Soneium$28,805

Scroll$7,064

Fraxtal$262

Corn$128

Sonic$83

BSC$80

0G$43

Botanix$15

Ink$13

Arc$7

Zircuit$0

Gnosis$0

Bitlayer$0

Linea$0

Mode$0

Key Metrics

Fees (Annualized)$203.67m
Fees 30d$19.31m

Base$9.7m

Ethereum$7.99m

Hyperliquid L1$896,574

Monad$233,227

Katana$228,040

Arbitrum$135,342

Flare$64,207

Plume Mainnet$26,504

OP Mainnet$14,094

Polygon$7,701

Unichain$5,605

World Chain$2,544

Citrea$1,821

Abstract$1,682

Hemi$935

Soneium$51

Celo$41

Corn$0

Fraxtal$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 7d$3.13m

Ethereum$1.62m

Base$1.2m

Hyperliquid L1$154,648

Katana$54,297

Monad$46,090

Arbitrum$21,756

Flare$18,802

Plume Mainnet$6,053

OP Mainnet$2,257

Polygon$1,377

Hemi$935

Unichain$545

Citrea$373

Abstract$142

World Chain$60

Soneium$9

Celo$7

Corn$0

Fraxtal$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 24h$473,711

Base$231,821

Ethereum$203,052

Hyperliquid L1$21,347

Monad$7,092

Katana$2,984

Arbitrum$2,560

Flare$2,323

Plume Mainnet$1,102

Hemi$935

OP Mainnet$300

Polygon$175

Abstract$17

Unichain$2

World Chain$1

Celo$0

Citrea$0

Corn$0

Fraxtal$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Zircuit$0

Cumulative Fees$297.6m

Ethereum$189.48m

Base$83.52m

Hyperliquid L1$13.4m

Arbitrum$4.56m

Katana$2.67m

Polygon$1.26m

Monad$1.13m

Unichain$1.04m

OP Mainnet$283,061

Soneium$90,201

Flare$66,682

Corn$40,518

World Chain$36,463

Plume Mainnet$27,859

Hemi$4,579

Citrea$1,821

Abstract$1,699

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$17.35m

Incentives 30d$81,582

Incentives 7d$14,820

Incentives 24h$2,346

Cumulative Incentives$44.57m

Earnings (Annualized)-$17.35m

Earnings 30d-$81,582

Earnings 7d-$14,820

Earnings 24h-$2,346

Cumulative Earnings-$44.57m

Market Cap$1.257b

$MORPHO Price$1.94

All Time High$4.17

All Time Low$0.71

Fully Diluted Valuation$1.944b

Outstanding FDV$1.94b

$MORPHO Volume 24h$9.69m

CEX Volume$7.19m

DEX Volume$1.99m(20.49% of total)

Active Loans$3.526b

$MORPHO Liquidity$6.54m

Aerodrome Slipstream$3.24m

Uniswap V3$1.87m

Uniswap V3$1.34m

Aerodrome V1$91,302

Treasury$38.12m

Majors$50.16

Stablecoins$99.95

Own Tokens$38.12m

Others$853.71

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 Tracked800

Average APY2.82%