Morpho
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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
Early exits now available on Morpho Markets App
Morpho's Markets App now supports early exits from positions. Users can exit immediately at market rate or set a limit order for an early exit.
Morpho opens src Quoter Bot for Morpho Midnight
Morpho released the Quoter Bot for Morpho Midnight, an open-source bot that quotes both sides of the market around a reference rate. It can be forked, configured, and enhanced to suit different quoting strategies.
Morpho-powered earn expands to Deel users globally
Deel's stablecoin wallet is going global across 80+ countries in LATAM, Africa, the Middle East, and APAC. Users can now earn on idle balances through SentoraHQ-curated Morpho Vaults on Tempo, directly in the Deel app, using DLUSD, a dollar-backed currency.
Uniswap Earn launches powered by Morpho
Uniswap Earn, powered by Morpho, is now live on the Uniswap web app and wallet. Uniswap users can deposit USDC, USDT, or ETH and earn yield up until their next trade without leaving the Uniswap App.
Morpho recaps July milestones
Morpho highlighted a busy July: Morpho Midnight, the fixed-term, fixed-rate credit protocol, went live; Robinhood integrated Morpho to power Robinhood Earn with deposits approaching $300M; and Uniswap Earn is now powered by Morpho. Morpho also noted policy engagement in DC.
Morpho vaults launch on Bitget and Bitget Wallet
Bitget users can now access Morpho Vaults curated by Gauntlet on Morph Network through the Bitget app and Bitget Wallet. They can earn noncustodial yield on USDC and bgBTC within the everyday finance experience.
$175M funding round led by Paradigm, a16z and Ribbit
Morpho raised $175 million in one of DeFi's largest funding rounds, co-led by Paradigm, a16z crypto and Ribbit Capital, with participation from Apollo Funds, Circle Ventures, VanEck and others to build its open credit network.
Frontend vulnerability exploit intercepted by white hat
A faulty update to the Morpho App frontend exposed $2.6 million in assets to an exploit; white-hat MEV operator c0ffeebabe.eth front-ran the malicious transaction and Morpho Labs reverted the update. Underlying smart contracts were unaffected.
MORPHO governance token launches on Ethereum
The MORPHO token was launched on Ethereum (supply capped at 1 billion) after governance voted to enable transferability of the token that had been deployed in non-transferable form since June 2022.
$50M funding round led by Ribbit Capital
Morpho raised $50 million in a strategic round led by Ribbit Capital, with participation from a16z Crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard and others to advance Morpho Blue.
Morpho Blue launches on Ethereum mainnet
Morpho announced Morpho Blue was live on Ethereum mainnet, an immutable and permissionless primitive for isolated lending markets that marks the protocol's pivot from pool optimizer to standalone lending infrastructure.
Morpho launches on Ethereum mainnet
Morpho launched its peer-to-peer lending optimizer on Ethereum mainnet, built on top of Aave V2 pools to improve borrowing and lending rates while preserving the underlying pool's liquidity and risk parameters.
$18M funding round co-led by a16z and Variant
Morpho Labs raised $18 million in a round co-led by Andreessen Horowitz and Variant, with participation from 80 additional investors via a native token sale for USDC.