Morpho ranks #57 by market capitalization, at $1.28B. It belongs to the DeFi sector (Decentralized Lending). It has traded since Nov 20, 2024, with $37.33M of volume in the last 24 hours. Its all-time high of $4.13 was reached on Jan 17, 2025; the current price is 48.8% below that peak. Its cycle low of $0.826705 came on Apr 16, 2025.
70.4% of the maximum supply of 1.00B MORPHO is in circulation. 78.3% of the token allocation has been unlocked. 108 investors are recorded as backers, including Coinbase Ventures, Hashkey Capital, Pantera Capital. 4 team members are listed. Development data lists 14 core developers and 48,584 code commits. On Base, 148,775 addresses hold MORPHO. It is available on 3 networks.
About Morpho
Morpho is a noncustodial lending protocol for overcollateralized borrowing and lending of crypto assets on EVM networks. The core protocol implements permissionless isolated markets defined by collateral asset, loan asset and fixed risk parameters, and tracks lender balances, borrower debt and interest accrual on chain. On top of this base layer, Morpho Vaults accept deposits and allocate liquidity across selected markets within predefined risk guidelines, providing passive exposure to lending strategies while leaving collateral management and liquidations to the underlying markets.