Hired Dennis Bree to lead Institutional Growth, who previously built Figment's institutional go-to-market team.

Origin Protocol integrated with Morpho.

Launched institutional-grade lending on Sei Network in 2025.

Collaborated with CoW DAO during 2025.

Operates a pUSDC lending vault on Plume chain achieving 8.13% APR.

Launched a new lending market for Noon Capital's sUSN token with an 86% loan-to-value ratio, enabling USDC borrowing at 7% against sUSN collateral.

Powers Bitget's Onchain Earn feature, now available in the Bitget app.

Offers weETH looping on Ethereum mainnet at 17.7% APR with 14x leverage and wstETH looping at 19.41% APR with 20x leverage as of December 30, 2025.

Reached over $1 million in deposits for USDC lending on the protocol.

Nominated for "Best In Yield" award by therollupco, with winner announcement scheduled for December 30th, 2025.

Launched hgETH/WETH market curated by SingularV for hgETH holders.

Achieved 100% utilization for PT-cUSD and 97% utilization for PT-USDai on Unichain.

Integrated with Native Bitcoin Vaults Stack to support BTC locked on Bitcoin as DeFi collateral, with rollout scheduled for 2026

Yearn Finance collaborates with Morpho for stablecoin yield strategies.

Morpho partners with Stake DAO for upcoming Curated Vaults, alongside GamiLabs, IPOR, and LlamaRisk, building on Stake DAO's yield infrastructure.

Morpho hosts $50.6M in thBILL liquidity on Arbitrum, with the T-bill backed RWA asset used as collateral and in lending strategies.

Gauntlet integrates USDC Prime into Wirex business accounts on Morpho's Base deployment, bringing DeFi yield to business treasuries.

Steakhouse USDC reaches $400 million, powered by Morpho and Base, and becomes available on Coinbase.

gondorfi launches beta platform enabling users to borrow against Polymarket positions and earn yields through Morpho, in collaboration with keyrock.

Credora Network integrates risk ratings directly into the Morpho frontend, providing users with a standardized framework to assess counterparty trustworthiness.

Polymarket integrates Morpho to enable leveraged prediction market positions.

Morpho holds $5.8 billion in TVL and ranks as the second-largest lending protocol by total value locked, behind Aave at $33.6 billion and ahead of JUST at $3.9 billion.

A Super OETH Borrow Booster market on Base provides negative borrow rates where USDC borrowers earn approximately 9.7% APY.

DeFi TVL data shows Morpho rose 4 positions from rank #13 to #9 year-over-year (December 2024 to December 2025), with lending dominance now concentrated among Aave, Spark, and Morpho.

Wirex business accounts integrate with Gauntlet USDC Prime on the Base deployment, enabling businesses worldwide to access DeFi yield with risk modeling and 24/7 monitoring.

Leverage Tokens launch as a new product built on Morpho's permissionless infrastructure, utilizing isolated markets to enable token launches on any asset with contained risk exposure, and are now available in the app.

A three-way partnership launches between dTRINITY_DeFi, Morpho, and Yearn Finance on the katana platform with new earning opportunities for borrowers.

Six vaults deployed across Morpho and Gearbox Protocol over the past two months manage more than $65M in ETH, wstETH, USDC, and EURC strategies through kpk's automated framework.

A user reports losing their entire deposit in a Morpho vault and alleges curator mismanagement by MEVCapital, publicly demanding funds to be returned.

A delta neutral cbETH/WETH strategy on Base launches with 27.7% ETH APY, featuring an automated vault that scans markets and refinances positions with no price impact, validated by Gauntlet, Steakhouse Finance, and BlockAnalitica.

Auto-deleverage functionality launches for Borrow Booster markets, with OETH/USDC and superOETHb/USDC markets now supporting automatic risk management controls for leveraged loop strategies.

A 13.5% ETH APY strategy on Base uses Rocket Pool rETH loops through a Gauntlet-validated isolated market with WETH borrowing for capital-efficient returns.

The platform currently offers paid borrowing where users earn while taking loans.

Katana's VaultBridge integrates with Morpho for vbToken monetization as part of the Katana ecosystem, with over $95k routed back to Katana users through the yield strategy system.

Morpho launches 13.2% delta neutral ETH yield strategy on Base using wstETH loops with Lido Finance, validated by Gauntlet and Re7Labs.

Factor platform launches live integration with Morpho for lending and borrowing on Base, with additional strategy drops announced as coming soon.

User expresses distress over funds in an apparent incident related to Morpho and MEVCapital, calling for clarification from both projects.

Monthly active users reach all-time high of ~70k, up ~100% since the start of the year.

Founder reports completing two months of intensive work in the US averaging 100 hours per week, achieving all set goals, and announces a 'massive upgrade' coming to the protocol.

Morpho core protocol becomes a key business flywheel for Coinbase.

On Monad network, Morpho ranks third with ~$26m TVL as a borrowing protocol, with WETH/AUSD vault showing $6.3m borrowed and $3.5m liquidity at 1.98% borrow rate.

Felix Protocol launches live lending incentives for USDH vault using Morpho-powered borrow markets collateralized by HYPE, Unit's UBTC, Kinetiq's kHYPE, and soon Pendle's kHYPE PT positions.

ChronicleLabs provides stable oracle infrastructure for Morpho with 35+ feeds on Monad.

Morpho joins Stand With Crypto advocacy initiative, with Head of Public Affairs faufleuret leading EU crypto support efforts.

Morpho EURC vault ranks among top euro yield providers with over $1m TVL, and yoEUR yield aggregator sources returns from this vault alongside eight other sources.

CredoraNetwork goes live on Morpho and Spark, offering DeFi credit ratings through standardized methodologies, private expert analysis, and onchain distribution.

Morpho is available on newly launched Monad Mainnet, offering stablecoin lending for USDC, AUSD, and USDT0 with triple-digit yields through three lending vaults.

Velodrome votes to support Morpho vaults through their liquidity pool strategy on OP Mainnet as part of strategically important pools.

Superform, a user-owned neobank, goes live on Polygon and integrates Morpho among its earning opportunity providers.

Coinbase enables borrowing up to $1M against ETH collateral through a lending product powered by Morpho on Base.

Crypto.com Earn powered by Morpho launches today in the United States.

Seamless is now the largest borrower on the wstETH/WETH market on Ethereum following fresh TVL additions.

Steakhouse Fi operates vaults on Morpho that feature a depositor veto mechanism allowing users to veto changes in a vault for onchain user protection.

Felix Protocol operates 7 vaults with ~$170 million in assets supplied, ranking as the 5th biggest vault curator on the platform.

Users get paid approximately 2% to borrow USDC on the platform, enabling yield farming strategies with Yearn vaults executed on Katana.

OUSD completes governance vote and begins routing collateral to USDC vaults on Morpho as part of its upgrade to 100% USDC backing.

MEV Capital operates 17 vaults with ~$110 million in assets supplied, ranking as the 6th biggest vault curator on the platform.

Spark has ~$430 million in assets across 4 vaults, making it the 3rd largest vault curator on the platform.

Morpho and Ethereum Foundation host a fireside chat to open the Vault summit.

PT looping for Re goes live on Morpho platform according to Pendle's Print #90 update.

Credora by Redstone goes live on Morpho to provide transparent risk scoring infrastructure for assessing risk ratings of DeFi strategies and assets, promoting low-risk DeFi.

ShapeShift mobile adds Morpho integration, allowing one-tap access to DeFi yields through the mobile platform alongside Aave, Yearn, Pendle and other protocols.