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.
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%

