Ask about Morpho
Morpho(MORPHO)
Total Value Locked$11.03b
TVL by Chain
Ethereum$5.079b
Base$4.433b
Robinhood Chain$552.91m
Hyperliquid L1$209.51m
Arc$192.49m
Monad$191.06m
Morph$78.34m
Flare$51.36m
Pharos$40.86m
Tempo$38.49m
World Chain$36.93m
Katana$36.36m
Stable$28.27m
Arbitrum$22.45m
Citrea$9.23m
Sei$8.12m
Plume Mainnet$4.64m
Polygon$4.37m
OP Mainnet$3.9m
Etherlink$3.65m
Unichain$1.55m
MegaETH$982,676
Celo$938,781
XDC$514,774
TAC$490,035
Abstract$281,104
Kaia$274,888
Soneium$32,997
Lisk$10,033
Scroll$7,380
Hemi$2,012
Avalanche$682
Fraxtal$418
Sonic$103
RISE$100
BSC$83
0G$38
Ink$13
Corn$0
Botanix$0
Bitlayer$0
Gnosis$0
Linea$0
Mode$0
Zircuit$0
Key Metrics
Fees 30d$13.05m
Fees 30d by chain
Ethereum$6.29m
Base$4.81m
Robinhood Chain$928,547
Hyperliquid L1$360,744
Monad$339,483
Stable$116,538
Flare$80,868
Katana$38,511
Arbitrum$28,220
Pharos$19,353
Plume Mainnet$17,930
Tempo$5,715
Abstract$5,048.93
Unichain$4,358.58
OP Mainnet$3,317
Polygon$3,181.57
Citrea$925.88
Etherlink$220.95
Celo$18.76
World Chain$18.06
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Morph$0
Scroll$0
Soneium$0
Sonic$0
Zircuit$0
Fees 7d$718.78
Base$718.78
Fees 24h$156
Base$156
Cumulative Fees$344.91m
Ethereum$210.66m
Base$103.89m
Hyperliquid L1$15.18m
Arbitrum$4.67m
Katana$2.85m
Monad$2.14m
Robinhood Chain$2m
Polygon$1.27m
Unichain$1.06m
Flare$352,373
OP Mainnet$308,530
Stable$188,714.44
Plume Mainnet$99,738
Soneium$90,232.01
Corn$40,518
World Chain$36,174
Pharos$32,371.45
Abstract$8,085.26
Citrea$7,720.2
Tempo$6,601.43
Hemi$3,640
Etherlink$3,340.75
Celo$655.08
Fraxtal$1
Ink$0
Mode$0
Morph$0
Scroll$0
Sonic$0
Zircuit$0
Revenue 30d$0
Revenue 30d by chain
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
Morph$0
OP Mainnet$0
Pharos$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
Base$0
Revenue 24h$0
Base$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
Morph$0
OP Mainnet$0
Pharos$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$0
Holders Revenue 30d by chain
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
Morph$0
OP Mainnet$0
Pharos$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
Base$0
Holders Revenue 24h$0
Base$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
Morph$0
OP Mainnet$0
Pharos$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$11.75m
$474,169.58
$88,911.79
$45.91m
Earnings (30d Run Rate)-$5.78m
-$474,169.58
-$88,911.79
-$45.91m
Collateral Liquidated 30d$38.63m
Collateral Liquidated 30d by chain
Ethereum$37.48m
Base$747,616.11
Hyperliquid L1$243,471.97
Robinhood Chain$124,507
Flare$27,012.09
Abstract$5,841
Plume Mainnet$728.05
Katana$263.1
World Chain$129.38
Arbitrum$54.12
Polygon$1.18
Celo$0
Citrea$0
Etherlink$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Morph$0
OP Mainnet$0
Pharos$0
Scroll$0
Soneium$0
Sonic$0
Stable$0
Tempo$0
Zircuit$0
Collateral Liquidated 7d$140.68
Ethereum$140.68
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$86.15m
Ethereum$81.4m
Hyperliquid L1$2.57m
Base$1.94m
Robinhood Chain$124,565.04
Flare$68,674.09
Celo$22,905
Abstract$6,948.82
Polygon$5,303.84
Arbitrum$3,059.04
Plume Mainnet$2,976.58
Katana$528.76
World Chain$451.97
OP Mainnet$18
Pharos$1.39
Sonic$0.04
Citrea$0
Etherlink$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Morph$0
Scroll$0
Soneium$0
Stable$0
Tempo$0
Zircuit$0
Market Cap$1.857b
$MORPHO Price$2.66
$2.655b
$2.66b
$MORPHO Volume 24h$43.56m
CEX Volume$28.92m
DEX Volume$15.4m(35.35% of total)
Active Loans$5.247b
Treasury$36.4m
$83.38
Stablecoins$99.98
Own Tokens$36.4m
Others$1,837.72
Total Raised$243m
Jul 13, 2022$18mRound: StrategicInvestors: a16z, Variant
Feb 28, 2024Round: PrivateInvestors: Pantera Capital
Aug 1, 2024$50mRound: StrategicInvestors: 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.
- Morpho BlueLending
- Morpho MidnightLending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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 Tracked247
Average Supply APY4.67%
User Activity
Active Addresses (24h)4,167
Transactions (24h)66,703
Competitors
Frequently Asked Questions
What is Morpho's TVL?
Morpho currently has $11.03b in total value locked. TVL has increased 17.8% over the past 30 days.
What chains does Morpho operate on?
Morpho operates on 45 chains: Ethereum, Base, Robinhood Chain, Hyperliquid L1, and Arc and 40 others. Ethereum holds the largest share at 46.1%.
How much has Morpho generated in fees and revenue?
Over the past 30 days, Morpho generated $13.05m in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $198.96m in fees.
What is the MORPHO token price and valuation?
MORPHO is currently trading at $2.66. Its circulating market capitalization is $1.857b, ranking it #70. Its fully diluted valuation is $2.655b. Supply currently stands at 699.22m circulating, 1b total supply, 1b maximum supply.
How has MORPHO performed recently?
MORPHO is up 20.5% over the past 7 days and up 18.1% over the past 30 days. Its all-time high is $4.17, reached on Jan 17, 2025. The token is currently 36.2% below that level.
How does Morpho's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Morpho ranks #2 by TVL. The category holds $55.777b across 515 protocols, and Morpho accounts for 19.8% of that total. Other leading protocols include Aave V3, Avalon Finance, Euler V2, Ajna V2, PWN, Gearbox, Tarot, Impermax V2, Compound V3, and Folks Finance xChain.
How much has been borrowed through Morpho?
Morpho currently has $5.247b in active loans.
Does Morpho have a treasury?
Morpho has a tracked treasury currently valued at $36.4m. Its holdings include $99.98 in stablecoins, $83.38 in major assets, $36.4m in its own tokens, $1,837.72 in other assets.