Morpho Markets Launches msETH on Base with Origin Protocol
Morpho Markets has launched a new msETH market on Base network in collaboration with Origin Protocol. Key features include:
- 94.5% LTV ratio for superOETHb collateral
- Initial liquidity of 200 msETH, scaling to 1,000 msETH
- Currently lowest borrow APY among Morpho markets
- Deep liquidity available on Aerodrome
Users can now leverage superOETHb against msETH borrowing, with supply allocated from the Gauntlet-curated Metronome msETH Vault. Contango will soon enable one-click leverage with up to 18x on Super OETH.
This marks Metronome's first external market on Base and implements the second Direct Deposit expansion from MIP-24.