Ask about Morpho
Logo of MorphoMorpho(MORPHO)
Total Value Locked$6.625b

TVL by Chain

Ethereum$3.284b

Base$2.714b

Hyperliquid L1$282.09m

Monad$90.31m

Katana$68.5m

Flare$46.23m

Arbitrum$27.4m

World Chain$27.12m

Stable$25.58m

Sei$24.45m

Tempo$8.14m

Plume Mainnet$6.58m

OP Mainnet$5.19m

Citrea$3.84m

Etherlink$3.55m

Polygon$3.18m

Hemi$1.65m

Unichain$1.44m

TAC$875,832

Celo$856,580

Abstract$321,124

Kaia$191,820

Lisk$103,708

Soneium$23,571

Scroll$6,687

Fraxtal$248

Sonic$83

BSC$81

0G$35

Botanix$14

Ink$13

Corn$0

Linea$0

Zircuit$0

Gnosis$0

Mode$0

Bitlayer$0

Key Metrics

Fees (Annualized)$209.11m
Fees 30d$21.2m

Base$10.47m

Ethereum$9.02m

Hyperliquid L1$1m

Katana$211,960

Monad$205,296

Arbitrum$98,223

Flare$92,808

Stable$36,359

Plume Mainnet$26,213

OP Mainnet$12,684

Polygon$7,239

Unichain$5,827

Citrea$2,116

Abstract$1,394

Hemi$935

Celo$622

World Chain$447

Etherlink$326

Soneium$53

Tempo$1

Corn$0

Fraxtal$0

Ink$0

Mode$0

Scroll$0

Sonic$0

Zircuit$0

Fees 7d$5.19m

Ethereum$2.63m

Base$2.15m

Hyperliquid L1$243,604

Monad$44,183

Katana$36,707

Stable$36,359

Flare$25,828

Arbitrum$13,698

Plume Mainnet$5,658

OP Mainnet$3,947

Unichain$2,467

Polygon$1,256

Citrea$438

Etherlink$326

World Chain$186

Abstract$129

Celo$63

Tempo$1

Corn$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Zircuit$0

Fees 24h$1.31m

Ethereum$1.06m

Base$193,827

Hyperliquid L1$29,820

Monad$7,122

Stable$5,544

Flare$4,126

Arbitrum$3,567

Katana$1,144

Plume Mainnet$1,000

OP Mainnet$558

Unichain$398

Polygon$162

Abstract$15

World Chain$15

Celo$0

Citrea$0

Corn$0

Etherlink$0

Fraxtal$0

Hemi$0

Ink$0

Mode$0

Scroll$0

Soneium$0

Sonic$0

Tempo$0

Zircuit$0

Cumulative Fees$307.8m

Ethereum$194.65m

Base$87.75m

Hyperliquid L1$13.86m

Arbitrum$4.6m

Katana$2.74m

Polygon$1.26m

Monad$1.24m

Unichain$1.04m

OP Mainnet$291,395

Flare$121,359

Soneium$90,226

Plume Mainnet$43,209

Corn$40,518

Stable$36,359

World Chain$36,315

Hemi$3,644

Citrea$3,356

Abstract$1,962

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

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 24h$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

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

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 24h$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

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$17.06m

Incentives 30d$130,955

Incentives 7d$35,091

Incentives 24h$8,645

Cumulative Incentives$44.7m

Earnings (30d Run Rate)-$1.6m

Earnings 30d-$130,955

Earnings 7d-$35,091

Earnings 24h-$8,645

Cumulative Earnings-$44.7m

Market Cap$1.382b

$MORPHO Price$2.11

All Time High$4.17

All Time Low$0.71

Fully Diluted Valuation$2.128b

Outstanding FDV$2.11b

$MORPHO Volume 24h$30.12m

CEX Volume$25.18m

DEX Volume$5.73m(19.03% of total)

Active Loans$3.621b

$MORPHO Liquidity$6.54m

Aerodrome Slipstream$3.24m

Uniswap V3$1.87m

Uniswap V3$1.34m

Aerodrome V1$91,302

Treasury$26.85m

Majors$47.21

Stablecoins$99.86

Own Tokens$26.85m

Others$2,849

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 Tracked617

Average APY1.78%