Morpho Labs

Morpho's total deposits grew by 50% in July, here's a quick recap of the month 🔹 Total deposits over $9B 🔹 Coinbase crypto-backed loans with $1B+ in collateral 🔹 Ethereum's DeFi Mullet is inevitable 🔹 Morpho Mini App live on the Base App 🔹 Morpho-powered yield via Privy by Stripe For a full run down of Morpho in July👇 https://xmrrwallet.com/cmx.plnkd.in/eyxnJGv4

The DeFi Mullet is having a moment. Fintech in the front, DeFi in the back is how we bring the benefit of onchain finance to billions of people.

Any developer can embed Morpho-powered yield into their app via Privy by Stripe. Users can gain yield on their assets without the complexity of interacting with DeFi protocols, or manage crypto wallets themselves. Developers now have a simple solution to add a personal finance component to their apps, bringing extra utility to users as well as increasing stickiness. Apps with Morpho-powered yield are already in the wild - such as Telegram Messenger via TAC, multiple Farcaster mini apps, the newly launched Base App, World App and more.

Will onchain lending & borrowing evolve similar to how onchain trading did? In Episode 2 of the lending & borrowing series of the "On Gelato podcast", I sat down with Paul Frambot, founder of Morpho, to dive deep into the upcoming launch of Morpho V2 — a complete reimagination of onchain lending architecture. Just as Uniswap evolved from simple AMMs to programmable, intent-based solvers in v4 & X, Morpho is taking lending from isolated, curve-based markets to intent-routed, fixed-rate credit markets backed by curators and solvers. Morpho V2 introduces: - A cross-chain, intent-centric lending CLOB - Zero-coupon bonds as the base lending primitive - Curators who act as programmable credit market makers - Fixed-rate borrowing, priced dynamically by curators - Cross-chain settlement via callbacks, not hardcoded bridges Borrowers no longer pick from rigid markets. They submit intents like: “Borrow 100k USDC on Base, backed by ETH, at 4% fixed, using Pyth as oracle.” These are matched offchain against a global set of lending offers. If matched, the bond is formed and settled — potentially across chains. For lenders, it’s still simple: deposit into vaults. But vaults can now lend dynamically across chains, borrowers, LTVs, oracles, and risk profiles — all without duplicating TVL. This removes the core frictions of Morpho V1 and existing lending markets: - Siloed liquidity - Repetitive TVL bootstrapping per chain - Inflexible lending strategies - No clear path to fixed or undercollateralized credit The big unlock? Programmable credit. Just like Uniswap v4 enables programmable liquidity, Morpho V2 enables a unified, modular, and extensible credit layer across chains — permissionless and immutable. It’s a protocol built for a multi-chain future, where chains just emit borrower intents and tap into global liquidity through solver layers. 🎧 Listen to the full episode here: YouTube: https://xmrrwallet.com/cmx.plnkd.in/dhwPdbzH Spotify: https://xmrrwallet.com/cmx.plnkd.in/dNpajZ26 More deep dives coming soon in this series on the future of lending & borrowing. Subscribe to not miss what’s next.

Morpho is built for institution-grade risk curations - Hypernative now provides off-the-shelf and tailored risk monitoring tools for curators and asset managers on Morpho.

DeFi is meant to be mainstream. Morpho is among top ranked European Fintech start ups in Europe by Sifted.

Total Deposits on Morpho has grown to $7B+ Large-scale fintech integrations like the Coinbase Crypto-backed Loans (with 500M+ USDC loans originated in less than 5 months) can now connect its users with more lenders from integrations powered by Morpho, such as Trust Wallet Earn, Ledger Earn, Safe Earn, Lemon Earn, Deblock Vault, Spark Lend, Moonwell Finance and way more...

Global financial infrastructure needs an update

Private Credit at Institutional Scale meets DeFi Holders of Fasanara Capital F-ONE private credit fund, tokenized by Midas, can now enhance yields with liquidity from Steakhouse Financial curated vaults.

Welcoming Tenor Labs as a Morpho V2 Collaborator Tenor is building a powerful platform designed to enable both end-users and large-scale integrators to tap into fixed-rate lending on Morpho V2—paving the way toward institutional-scale adoption and scaling onchain lending to the trillions. Tenor's borrower-centric suite will enhance the usability and reliability of Morpho V2 with key innovations including: 🔹 Automatic renewal of positions at maturity 🔹 Seamless fallback to variable rates if needed 🔹 Customizable limit orders with tailored conditions 🔹 Real-time monitoring and transparency tools These features are poised to make fixed-rate lending on Morpho V2 more accessible, resilient, and efficient for all users.