Overview
Morpho(MORPHO)
Token Price$2.59
24h Change-5.11%
All Time HighJan 17, 2025$4.17
All Time LowNov 24, 2024$0.71
Key Metrics
$1.814b
$2.594b
699.26m MORPHO
1b MORPHO
$2.59b
Volume 24h$68.66m
CEX$63.47m
Spot$20.48m
USD Perp$42.99m
COIN Perp$0
DEX$5.19m
Spot$0
USD Perp$5.19m
COIN Perp$0
Open Interest$36.19m
CEX$31.68m
USD Perp$31.68m
COIN PerpN/A
DEX$4.52m
USD Perp$4.52m
COIN PerpN/A
Treasury$34.83m
$82.04
Stablecoins$99.98
Own Tokens$34.83m
Others$1,770.34
Total Raised$243m
Strategic · Jul 13, 2022$18m
Private · Feb 28, 2024Undisclosed
Strategic · Aug 1, 2024$50m
Jun 9, 2026$175m
Token Information
Income Statement for MORPHO
Include incomes from Morpho

| Q3 2026* | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $41.43M | $48.6M | $44.72M | $59.33M | $54.02M | $20.09M | $28.06M | $20.38M | $11.34M | $17.3M | $1.04M |
| Borrow Interest | $40.06M | $42.11M | $33.84M | $49.93M | $52.97M | $19.35M | $26.74M | $20.16M | $9.64M | $16.21M | $911.66K |
| Liquidation Fees | $1.37M | $6.49M | $10.88M | $9.4M | $1.05M | $738.75K | $1.32M | $216.94K | $1.7M | $1.08M | $127.4K |
Cost of Revenue | $41.43M | $48.6M | $44.72M | $59.33M | $54.02M | $20.09M | $28.06M | $20.38M | $11.34M | $17.3M | $1.04M |
| Borrow Interest | $40.06M | $42.11M | $33.84M | $49.93M | $52.97M | $19.35M | $26.74M | $20.16M | $9.64M | $16.21M | $911.66K |
| Liquidation Fees | $1.37M | $6.49M | $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
$563,095.1
$116,112.79 (max additional borrows against MORPHO) + $446,982.31 (bad debt if MORPHO was hacked now)
Morpho V1
$563,095.1 at-risk exposure = $446,982.31 bad debt if hacked + $116,112.79 additional borrowable against MORPHO
Methodology and limitations
Showing collateral exposure for MORPHO on onchain. Max Borrowable uses 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
Token Rights and Value Accrual
Morpho
Token Usage
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Liquidations
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Unlocks
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Yields
Showing 10 of 14 pools
Borrow
Tracking 2 routes
