Overview

Logo of Morpho

Morpho(MORPHO)

Issued byMorpho
Token Price$1.97

24h Change+0.2%

All Time HighJan 17, 2025$4.17

All Time LowNov 24, 2024$0.71

Key Metrics

$1.292b

$1.97b

656.19m MORPHO

1b MORPHO

$1.97b

Volume 24h$12.85m

CEX Volume$6.19m

DEX Volume$7.38m

Token Liquidity$6.54m

Aerodrome Slipstream · Base$3.24m

Uniswap V3 · Ethereum$1.87m

Uniswap V3 · Base$1.34m

Aerodrome V1 · Base$91,302

Treasury$26.4m

$56.23

Stablecoins$99.91

Own Tokens$26.4m

Others$1,606.83

Total Raised$243m

Strategic · Jul 13, 2022$18m

Private · Feb 28, 2024Undisclosed

Strategic · Aug 1, 2024$50m

Jun 9, 2026$175m

Income Statement for Morpho

Q3 2026*Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Gross Protocol Revenue
$31.8M$51.03M$44.72M$59.33M$54.02M$20.09M$28.06M$20.38M$11.34M$17.3M$1.04M
Borrow Interest$31.57M$44.26M$33.84M$49.93M$52.97M$19.35M$26.74M$20.16M$9.64M$16.21M$911.66K
Liquidation Fees$228.66K$6.77M$10.88M$9.4M$1.05M$738.75K$1.32M$216.94K$1.7M$1.08M$127.4K
Cost of Revenue
$31.8M$51.03M$44.72M$59.33M$54.02M$20.09M$28.06M$20.38M$11.34M$17.3M$1.04M
Borrow Interest$31.57M$44.26M$33.84M$49.93M$52.97M$19.35M$26.74M$20.16M$9.64M$16.21M$911.66K
Liquidation Fees$228.66K$6.77M$10.88M$9.4M$1.05M$738.75K$1.32M$216.94K$1.7M$1.08M$127.4K
Gross Profit
$0$0$0$0$0$0$0$0$0$0$0
Earnings
$0$0$0$0$0$0$0$0$0$0$0
Token Holder Net Income
$0$0$0$0$0$0$0$0$0$0$0

Risks

How much debt can be issued against MORPHO as collateral across lending protocols.

Maximum possible exposure to MORPHO

$339,965.78

$76,710.92 (max additional borrows against MORPHO) + $263,254.86 (bad debt if MORPHO was hacked now)

Logo of Morpho V1

Morpho V1

$339,965.78 at-risk exposure = $263,254.86 bad debt if hacked + $76,710.92 additional borrowable against MORPHO

Methodology and limitations

Showing collateral exposure for MORPHO on onchain. Max Borrowableuses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

  • These metrics describe lending exposure only and are not a full protocol risk rating.
  • This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
  • Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details

Each row is one protocol-chain exposure for MORPHO as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Markets

Loading MORPHO markets...

Token Rights and Value Accrual

Updated May 7, 2026
Token rights summaryTreasury: positive; Revenue: positive; Burns: negative; Equity: warning; Value Accrual: negative; Governance: positiveTreasuryRevenueBurnsEquityValueAccrualGovernance
Utility
N/A

Morpho

MORPHO
Governance
MORPHO
Treasury
MORPHO
Revenue
MORPHO
Fee Switch
Off
Buybacks
None
Dividends
None
Burns
None
Equity Rev. Capture
No
Entities
DAOOther

Token Usage

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Liquidations

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Unlocks

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Yields

Tracking 1 pool, average APY 0.15%

Borrow

Showing 10 of 12 routes

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