Morpho Achieves Major Milestone with Coinbase Bitcoin-Backed Loans
Morpho Achieves Major Milestone with Coinbase Bitcoin-Backed Loans
🤑 Billion Dollar Bitcoin Milestone
Morpho has reached a significant milestone with over 25% of Coinbase's cbBTC now being utilized on their platform. More than $1 billion worth of cbBTC is currently being used as collateral through Coinbase's crypto-backed loan service.
The lending process is facilitated by Spark Protocol, which acts as a key liquidity provider enabling Coinbase users to borrow against their Bitcoin holdings. The service offers a streamlined experience, allowing users to obtain instant loans with minimal steps.
- Over $1B+ in cbBTC collateralized
- 25%+ of all Coinbase cbBTC utilized
- Instant loan processing
- Seamless integration with Coinbase
This development marks a significant step in the adoption of Bitcoin-backed lending services in the DeFi ecosystem.
Over 1/4 of all @coinbase cbBTC is put to work on Morpho
$6B+ in TVL $9B+ in total deposits The 🦋 is taking flight
Morpho’s TVL crossed $6B+ for a new ATH, up 89.2% YTD. #2 DeFi lending protocol worldwide.
Starts with a single tap and ends with an instant loan on @coinbase. Made possible by Morpho.
You can't take a loan without a lender. @sparkdotfi is a key capital allocator that provides liquidity on Morpho so that @coinbase users can get loans against their bitcoin.
Ledger Live Integrates Morpho for Secure Yield Earning
**Ledger Live now offers direct yield earning** through integration with Morpho lending protocol. - Users can earn stablecoin yields without compromising security - Partnership with Kiln Finance enables seamless integration - **No need to transfer funds** to external platforms Morpho acts as a lending pool optimizer, improving rates for both suppliers and borrowers while maintaining the same liquidity and risk parameters as underlying protocols like Aave and Compound. The integration allows Ledger users to access DeFi yields directly within their hardware wallet interface, combining **security with earning potential**. [Learn more about Earn on Ledger Live]()
Bitpanda DeFi Wallet Integrates Morpho for Yield Earning
**Bitpanda launches DeFi wallet with Morpho integration**, giving millions of users access to yield opportunities on major cryptocurrencies. **Key features:** - Earn yield on USDC, USDT, EURC, and ETH - Direct integration via Kiln Finance DeFi - Users maintain custody of their assets - Access to curated lending vaults with risk-adjusted returns **Simple process:** Users can deposit assets into Morpho Vaults within just a few taps through the Bitpanda DeFi Wallet interface. This follows similar integrations with other major platforms like Gemini Wallet, expanding Morpho's reach to mainstream crypto users seeking yield opportunities.
Morpho Reaches $6B TVL Milestone
Morpho's lending protocol optimization platform has maintained over $6 billion in Total Value Locked (TVL) and $9 billion in total deposits since August 1st, 2025. This represents significant growth from $2.5 billion TVL reported in mid-July 2025. The protocol, which enhances rates on major lending platforms while maintaining their risk parameters, has shown consistent growth in adoption across its optimizers for AaveV2, AaveV3-ETH, and CompoundV2. - TVL growth: $2.5B → $6B+ in ~2 weeks - Total deposits: $9B+ - Sustained levels since August 1st This rapid expansion demonstrates increasing user confidence in Morpho's lending pool optimization technology.
Morpho Launches on World App with $5M Rewards Campaign
**Morpho** has integrated with the World app, enabling 25M+ users to access crypto-backed loans and onchain yield directly through the platform. Key features: - Easy deposit, borrowing, and asset management via Morpho Mini App - Advanced features accessible through okutrade frontend - Mobile-first experience from joinlegend - Built-in bridging functionality - Initial vaults: USDC, WETH, ezETH, WBTC, and WLD A $5M rewards campaign launches today for lending and borrowing activities, marking Morpho's largest launch campaign to date. This follows Morpho's recent integration as Trust Wallet's default earn engine.
Maple Finance Integrates with Morpho for Enhanced SyrupUSDC Borrowing
Maple Finance has integrated with Morpho Labs to enable borrowing against SyrupUSDC. The new feature is now live with USDC borrowing available through Gauntlet and MEV Capital vaults. Key features: - Supply SyrupUSDC as collateral (~11-12% yield) - Borrow USDC at ~56% rate - Mint new SyrupUSDC - Potential for ~5% additional yield per cycle Users can access the borrowing feature at [Morpho's platform](https://app.morpho.org/ethereum/market/0x729badf297ee9f2f6b3f717b96fd355fc6ec00422284ce1968e76647b258cf44/syrupusdc-usdc).