Total Value Locked$6.689b
TVL by Chain
Ethereum$3.341b
Base$2.693b
Hyperliquid L1$290.21m
Monad$90.43m
Katana$77m
Flare$45.52m
World Chain$33.05m
Arbitrum$29.7m
Stable$26.67m
Sei$25.59m
Tempo$7.5m
Plume Mainnet$7.49m
OP Mainnet$5.7m
Citrea$3.84m
Etherlink$3.53m
Polygon$3.25m
Hemi$1.73m
Unichain$1.65m
Celo$869,285
TAC$681,528
Kaia$539,237
Abstract$335,223
Lisk$96,291
Soneium$25,186
Scroll$7,047
Corn$4,640
Fraxtal$255
Sonic$83
BSC$82
0G$37
Botanix$14
Ink$13
Zircuit$0
Gnosis$0
Mode$0
Bitlayer$0
Linea$0
Key Metrics
Fees (Annualized)$205.83m
Fees 30d$19.47m
Base$9.85m
Ethereum$8.03m
Hyperliquid L1$900,537
Monad$215,942
Katana$207,793
Arbitrum$109,757
Flare$84,768
Plume Mainnet$27,886
OP Mainnet$12,764
Polygon$7,485
Unichain$5,302
Citrea$2,713
Abstract$1,651
World Chain$1,600
Hemi$935
Celo$581
Soneium$61
Corn$0
Fraxtal$0
Ink$0
Mode$0
Scroll$0
Sonic$0
Zircuit$0
Fees 7d$3.48m
Ethereum$1.81m
Base$1.42m
Hyperliquid L1$134,181
Monad$47,452
Katana$25,408
Flare$17,394
Arbitrum$13,663
Plume Mainnet$6,026
OP Mainnet$3,071
Polygon$1,462
Citrea$892
Celo$542
Unichain$223
Abstract$90
Soneium$25
World Chain$7
Corn$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Scroll$0
Sonic$0
Zircuit$0
Fees 24h$460,400
Base$212,510
Ethereum$210,903
Hyperliquid L1$21,791
Monad$6,188
Katana$2,673
Flare$2,605
Arbitrum$1,906
Plume Mainnet$802
OP Mainnet$547
Polygon$263
Citrea$207
Unichain$4
World Chain$1
Abstract$0
Celo$0
Corn$0
Fraxtal$0
Hemi$0
Ink$0
Mode$0
Scroll$0
Soneium$0
Sonic$0
Zircuit$0
Cumulative Fees$303.12m
Ethereum$192.23m
Base$85.89m
Hyperliquid L1$13.61m
Arbitrum$4.58m
Katana$2.71m
Polygon$1.26m
Monad$1.2m
Unichain$1.04m
OP Mainnet$287,539
Flare$91,741
Soneium$90,226
Corn$40,518
Plume Mainnet$37,746
World Chain$36,129
Stable$21,429
Hemi$3,644
Citrea$2,713
Abstract$1,865
Celo$585
Fraxtal$1
Etherlink$0
Ink$0
Mode$0
Scroll$0
Sonic$0
Tempo$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
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
Unichain$0
World Chain$0
Zircuit$0
Revenue 7d$0
Abstract$0
Arbitrum$0
Base$0
Celo$0
Citrea$0
Corn$0
Ethereum$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
Unichain$0
World Chain$0
Zircuit$0
Revenue 24h$0
Abstract$0
Arbitrum$0
Base$0
Celo$0
Citrea$0
Corn$0
Ethereum$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
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
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
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
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
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
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
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$17.18m
Incentives 30d$118,324
Incentives 7d$42,936
Incentives 24h$13,883
Cumulative Incentives$44.66m
Earnings (30d Run Rate)-$1.44m
Earnings 30d-$118,324
Earnings 7d-$42,936
Earnings 24h-$13,883
Cumulative Earnings-$44.66m
Market Cap$1.107b
$MORPHO Price$1.71
All Time High$4.17
All Time Low$0.71
Fully Diluted Valuation$1.713b
Outstanding FDV$1.71b
$MORPHO Volume 24h$15.14m
CEX Volume$14.09m
DEX Volume$4.86m(32.07% of total)
Active Loans$3.61b
$MORPHO Liquidity$6.54m
Aerodrome Slipstream$3.24m
Uniswap V3$1.87m
Uniswap V3$1.34m
Aerodrome V1$91,302
Treasury$23.04m
Majors$47.01
Stablecoins$99.86
Own Tokens$23.04m
Others$2,819
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 Tracked632
Average APY2.04%

