Morpho
Morpho is a Lending protocol.
It is a lending pool optimizer and can be seen as a peer-to-peer layer on top of lending pools like Compound or Aave. Rates are seamlessly improved for suppliers and borrowers while preserving the same liquidity and risk parameters.
In short:
- Morpho AaveV2 Optimizer is an upgraded version of Aave V2.
- Morpho AaveV3-ETH Optimizer is an upgraded version of Aave V3 ETH e-mode.
- Morpho CompoundV2 Optimizer is an upgraded version of Compound V2.
As such, Morpho enhances your rates while preserving the same user experience, the same liquidity, and the same risk parameters as the underlying protocols
Integrations
Morpho Expands to Multiple Chains with Infrastructure Deployments
Thu 30th Jan 2025
**Morpho has expanded to seven new chains** including Polygon POS, World Chain, Ink, Arbitrum, Scroll, Fraxtal, and OP Mainnet.
Key points:
- Infrastructure-only deployments without initial Morpho App support or MORPHO rewards
- Can transition to core deployments with DAO approval
- Independent builders encouraged to develop on these chains
- Includes full suite of smart contracts including Vaults 1.1 and Oracles
Security features:
- Audited by SpearbitDAO and OpenZeppelin
- Formal verification by CertoraInc
- $2.5M bug bounty program
*Future deployments will focus on chains with confirmed curator and builder interest.*
Morpho Powers Coinbase's New Crypto-Backed Loans
Thu 9th Jan 2025
Coinbase has launched crypto-backed loans powered by Morpho's permissionless infrastructure. Here are the key details:
- US customers (excluding NY) can now borrow USDC using BTC as collateral
- Loans are managed directly through the Coinbase app with instant USDC delivery
- Flexible repayment terms and competitive interest rates
- More collateral assets planned for future support
Morpho's open infrastructure allows any financial institution to create customized lending experiences. The protocol aggregates global liquidity, enabling efficient borrowing against various assets, including yield-bearing tokens.
*Users can access these services through Coinbase.com/loans or directly via app.morpho.org*
Gauntlet Launches New App for Morpho Vaults
Tue 15th Oct 2024
**Gauntlet (@gauntlet_xyz) has released a new app dedicated to Morpho Vaults.** This application aims to provide users with:
- Robust, data-driven insights
- Transparent information on Gauntlet-curated vaults
The release showcases the potential for curators on the Morpho platform. This development follows a recent partnership between Gauntlet, Morpho, and Pyth:
- Pyth was chosen to power and secure Gauntlet's lending vaults on Ethereum and Base
- Morpho's architecture allows approved entities to launch custom risk-managed vaults
- Gauntlet, experienced in DeFi, was an early approved vault operator on Morpho
*This collaboration highlights the growing ecosystem of DeFi lending and risk management.*
