Project name
Morpho
Token name
MORPHO
Ticker
MORPHO
What is Morpho ?
Morpho is an open, non-custodial lending protocol designed to enhance capital efficiency. First introduced as a peer-to-peer optimization layer on top of lending pools like Aave and Compound, it matched lenders and borrowers directly while preserving the liquidity and safety of pool-based protocols. This P2P matching engine enables lenders to earn improved yields and borrowers to obtain more competitive rates. With Morpho Blue, it evolves into a standalone lending primitive built on permissionless, isolated markets defined by fixed collateral, loan assets, and risk parameters. Oracle-agnostic and compatible with multiple interest rate models, Morpho Blue offers a minimal and secure foundation for onchain lending. Morpho Vaults V2 adds adapters, real-time reporting, and granular risk controls for curators to build differentiated strategies, while Bundlers, flash loans, and SDKs enable custom lending and yield products.
Category
DeFiLending / borrowing protocol
Initial circulating supply
49,000,000 MORPHO
Initial total supply
1,000,000,000 MORPHO
Circulating supply
543,304,714 MORPHO
Total supply
999,999,999 MORPHO
Max supply
1,000,000,000 MORPHO
Initial market cap
$101,920,000
Initial fully diluted market cap
$2,080,000,000
Market cap
$762,436,374
Fully diluted market cap
$1,403,331,049