ImageAsk about Morpho
Logo of MorphoMorpho(MORPHO)
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.

CategoryLending

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%