Morpho has launched its Explore feature on the Morpho App, providing enhanced protocol metrics and vault information in one centralized location.
The protocol continues its multichain expansion with new deployments on:
- Unicorn Chain
- Mode Network
- Hemi
- Corn
- Sonic Labs
These infrastructure-only deployments include core smart contracts but require DAO approval for frontend support and MORPHO rewards.
Recent developments:
- Became largest lending protocol on Base
- Awarded 198,000 MORPHO to 11 teams in pilot grant program
- Released refreshed app with improved backend architecture
- Implemented Pre-Liquidations for enhanced loan management
Voting for the Morpho Grants Pilot Program is now live. Due to the large amount of applicants, the voting is broken into two parts ๐
Morpho Everywhere Continued Morpho contracts are now deployed on @unichain, @modenetwork @hemi_xyz, @use_corn and @SonicLabs.
Morpho Integrates Asset Swapping Across Multiple Chains
Morpho has launched in-app asset swapping functionality through VeloraDEX (formerly Paraswap) across multiple blockchain networks: - Now available on Ethereum, Base, Unichain, and Polygon - Users can swap assets directly within the Morpho App interface - Builds on recent expansion to Polygon PoS network This integration streamlines the user experience by eliminating the need to leave the platform for token swaps. The feature complements Morpho's existing lending and borrowing capabilities. [Start using Morpho](https://app.morpho.org/ethereum/earn)
Katana DEX Launches Earn and Borrow Rewards Program
Katana DEX has activated its earn and borrow rewards program, with initial reward rates based on a $0.1 KAT token value estimation. The platform offers: - DEX aggregation for optimal trading of any token - Points system for trading competitions with $5,000+ prize pools - Mystery box rewards up to $1,000 in tokens - Contract AI Analysis for security - Token launch capabilities via WolfStreet Users can access the rewards system at [Katana Earn](https://app.morpho.org/katana/earn). The platform combines advanced trading features with security measures and incentive structures.
Morpho Launches Enhanced Rewards Program on Lisk Network
Morpho has introduced additional rewards of 450,000 LSK tokens for users participating in their lending protocol on the Lisk network. - Users can earn and borrow through Morpho Lite platform - Available assets include USDC, USDT, WETH, and LSK vaults - Blue-chip collateral options: WETH, wstETH, and WBTC - Platform curated by Re7Labs The protocol operates as a peer-to-peer layer optimizing lending pools, offering improved rates while maintaining the same liquidity and risk parameters as traditional platforms. Access the platform at [Morpho Lite](https://lite.morpho.org/lisk/earn)
Morpho Vaults V2 Security Competition Announcement
Morpho Labs has launched a significant security competition for their upcoming Vaults V2 release, offering a $200,000 prize pool. The competition is being hosted on the Cantina platform, known for organizing high-stakes security audits in the DeFi space. This follows their successful pattern of thorough security testing, similar to their previous Liquity V2 audit competition which offered $350,000 in rewards. - Competition is currently live - Open to security researchers and auditors - Hosted by @cantinaxyz - Represents final testing phase before launch *Security researchers interested in participating can find detailed information through Cantina's platform.*
Morpho Achieves $2B TVL on Base, Becomes Largest DeFi Protocol on L2
Morpho has reached a significant milestone on Base network, accumulating $2 billion in Total Value Locked (TVL). This achievement makes it the largest DeFi protocol instance on any Layer 2 network. Key points: - Previously recognized as largest lending protocol on Base by active loans - Operates as lending pool optimizer on top of major protocols - Available for users to earn and borrow at [app.morpho.org/base/earn](https://app.morpho.org/base/earn) The protocol enhances traditional lending platforms while maintaining similar liquidity and risk parameters.