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.
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 Tracked800
Average APY2.82%

