Integrated with LI.FI Protocol's unified DeFi Earn API for vaults, joining 20+ protocols including Aave, Ethena, EtherFi, Euler, Pendle, to enable one-click deposits across 60+ chains.

Launched fixed-rate lending protocol Morpho Midnight, currently undergoing audits.

Reports a negative earnings margin of -5.5% (unprofitable operations).

Generated approximately $170 million in total interest paid by borrowers over the past year (as of April 2026).

Included in Grayscale's Q2 2026 Assets Under Consideration list alongside 27 other tokens and projects.

Supports lending against multiple collateral types on Base, powering BTC loans for Coinbase. Borrow rates include 0.12% APY for VVV, 0.30% for cbBTC, 0.06% for stETH, and 0.02% for VIRTUAL, BNKR, and CLANKER tokens.

A large investor is accumulating MORPHO tokens through time-weighted average price (TWAP) buying strategy.

OpenCover integrated with Morpho to launch Covered Vaults, providing DeFi insurance for Morpho lenders.

Launched User Agent beta, enabling AI agents (Claude, Cursor) to check positions, simulate transactions, and execute lending on Ethereum and Base via natural language. Also launched Morpho Builder Agent beta, a protocol knowledge base for AI coding agents to build Earn/Borrow flows from single prompts.

Integrated into Katana's MCP server and Skills layer, providing market data through Katana's agent-ready infrastructure with 60+ hosted tools.

RWA collateral reached an all-time high of $474M.

Tempo, Privy, Ramp Network, OKX, Binance, and ShapeShift extended yield offerings with Morpho in March 2026.

Offers sUSDai/USDC market on Arbitrum with 1.93% borrow rate and 91.5% LTV, enabling approximately 19% net APY at 4x leverage.

Morpho has $115M in RLUSD and $90M in PYUSD deployed as borrowed capital funding Maple's lending positions.

Morpho hosts three Maple-structured markets with 6.2-6.9x leverage ratios and zero liquidations recorded to date.

Bitwise becomes a Morpho Curator, enabling it to provide stablecoin yield solutions to exchanges, wallets, fintechs, and public companies.

Integrated with Pendle for PT-apxUSD, PT-apyUSD, and PT-USDG yield positions as collateral, with PT-apxUSD and PT-apyUSD looping enabled April 14, 2026.

Reached $390M in PYUSD borrowed on the platform as of April 6th, 2026, up from $212M on March 21st, 2026.

Morpho vaults launched on Sei network via OKU Trade

Reached $1 billion in active borrows on the cbBTC/USDC market on Base.

Gauntlet curates over $1 billion in vault deposits across the protocol.

Integrated with Surf's AI-powered stablecoin vaults on Polygon to enable non-custodial USDC yield generation with cross-chain routing.

Featured as one of the protocols driving value locked growth on Monad since its launch.

Steakhouse Finance launched its USDT0 vault on Morpho on Monad, accessible via Skate's 1-Click interface.

Received FCA (Financial Conduct Authority) regulation and completed 25+ security audits by OpenZeppelin, Spearbit, and Cantina.

Partnered with Anchorage to enable institutional clients to access Morpho lending markets through qualified custody infrastructure while maintaining regulated bank-level security and policy-enforced workflows.

Powers xU3O8-based lending that is now live, expanding utility for tokenized uranium in DeFi.

Integrated with BitGo's self-custody wallet via WalletConnect, enabling users to manage Morpho positions directly from BitGo's bank-regulated infrastructure.

Integrated with xStocksFi, offering SPYx-backed loans through a Flowdesk-curated Morpho Vault with AUSD liquidity.

Launched Centrifuge's deSPXA/USDC lending market on Base with 77% loan-to-value ratio, curated by Steakhouse Finance.

Ethereum Foundation deployed an additional 3,400 ETH ($7.5M) into Morpho Vaults V2 in March 2026.

Bitwise joined Lombard Bitcoin Smart Accounts with Morpho as liquidity provider.

Reached $1.2 billion in total deposits into RWA lending markets, trailing behind Kamino but ahead of Aave in this segment.

Enables Hyperbeat to launch earn and borrow products on Hyperliquid, featuring Liquid Banking Credit Mode for trustless crypto-backed loans.

Integrated with Birch Hill and Groma into their institutional onchain REIT lending market, enabling $150M GromaCoin (tokenized real estate) to back USDC loans via Morpho-Yearn stack.

Reached all-time high in active loans market share from organic stablecoin demand, with utilization rates across top markets at 86-90%.

Reached $4.3 billion in active loans, representing 30% year-to-date growth in 2026.

Origin Protocol launched ARM lending markets on Morpho, enabling leveraged LST yield looping.

Featured in Grayscale's Q1 2026 Top 20 list with a 41% price increase and $1.03 billion market capitalization.

Mentioned as an example of a yield strategy option for USDC alongside Aave in social discussions comparing lending versus higher-risk leveraged/recursive strategies.

Integrated with Nook to bring yield opportunities to mainstream users on Monad.

Reached all-time high protocol revenue in Q1 2026, driven by institutional borrowing against tokenized Treasuries and credit, following $1.76B in borrow interest revenue during 2025.

Reached $12 billion vault TVL, representing a 6x increase over the past 18 months as of April 6, 2026.

Reached $250M in deposits on Monad.

Recorded 6,840 transactions on Base on March 22, 2026, representing a 650% increase.

Recorded 2,365 active addresses on Base on March 22, 2026, representing a 232% increase.

Has $1.26 billion in high-leverage positions on Morpho Blue with $144 million in accounting equity protecting them.

Had $180 million from Resolv at 11x leverage before Resolv was exploited on March 22, 2026.

Holds $1 million from Apollo on Ethereum.

USDC Core vault sits at $11.52M in liquidity as of March 23, 2026, with $4.95M in the wstUSR/USDC market.

Sits at $1.05M total liquidity in the USDC Frontier vault on mainnet, comprising $1.09M in wstUSR/USDC, $479K in PT-RLP-9APR2026/USDC, and $374K in RLP/USDC markets as of March 23, 2026.

Resolv USDC vault on mainnet has $1.03M primarily in RLP/USDC, USR/USDC, and wstUSR/USDC markets.

Steakhouse vault on Monad allocates to Reservoir's wsrUSD and the wsrUSD/USDC market on Monad yields approximately 16% APY as of March 22, 2026.

Impacted Steakhouse vault on Monad with liquidity reduction and exposure to Resolv Labs USR exploit contagion via Resevoir's wsrUSD.

Exploited Resolv's USR and RPL collateral on Morpho Blue on March 22, 2026, via the Public Allocator contract, which allowed depegged USR to be used as an open credit line, minting $80M unbacked USR and draining $25M ETH plus $6.2M. This caused USR to depeg to $0.025, spread bad debt to Euler and Fluid, froze 4 Morpho vaults, and halted withdrawals; all Ethereum funds recovered, and Gauntlet allocated $438,440 USDC to impacted markets.

Users are advised to withdraw funds from Gauntlet USDC Core and Smokehouse USDC vaults on Morpho immediately.

Powers isolated lending markets for Purinta's memecoin collateral platform, enabling users to deposit memecoins as collateral to borrow USDC with price feeds provided by Api3DAO.

Holds 28.7% of MiCA-compliant digital euro (EURCV) supply in its permissionless lending protocol.

Borrowers flagged rate manipulation issues from the hard kink model, prompting a curve redesign review, after $50M in leverage loop transactions processed within 30 minutes on March 20, 2026.

Plans integration with Theo Network for thUSD collateral and new product related to lending primitives.

Monarch Lend charges a 0.3 basis point fee (capped at $5) for rebalancing portfolios of Morpho markets to optimize yields.

Morpho's fxUSD Agentic Stablecoin vault is yielding approximately 7% APR.

Partnered with Blockdaemon to launch Earn Stack, a no-code widget that enables wallet providers, custodians, and fintechs to integrate Gauntlet's curated vaults with Morpho's onchain yield.

Ethereum Foundation deposited 3,400 ETH into Morpho Vaults, with 1,000 ETH to V2, on March 18, 2026.

Will power lending on Tempo for humans and machines globally.

Rose 7% on March 19, listed among top gainers on March 20, 2026.

Liquid funds hold more than 2x the combined balances of all centralized exchanges and retail brokers for MORPHO tokens.

Token distribution shows greater than 70% insider dominance with almost 50% of insider tokens still unvested.

Processed $130M+ in annualized fees with $0 to treasury as fee switch remains off as of March 17, 2026.

Exited from Morpho Gauntlet WETH vault on Unichain as part of yield optimization rebalancing.

Reached over $300M in deposits during the first week of OKX's integration of USDT yield curated by Gauntlet on Katana.

RWA-collateralized lending vaults on Katana's Morpho Liquidity grew 3x in TVL in Q1 2026.

Supply rates on Katana's Morpho Liquidity dropped to approximately 1%.

Integrated with Pendle, enables looping PT-USDG (28-MAY) up to 19.46% APY and PT-cUSD (23-JUL) up to 34.53% APY.

Prime rates started to rise as of March 16, 2026.

Apollo Global acquired 90 million MORPHO governance tokens for $112.5M, representing 7.5x to 30x typical voting power.

Integrated with Privy to enable stablecoin yield on idle app balances via Morpho Vaults, connecting to onchain lending markets from Privy's wallet infrastructure, with vaults curated by Gauntlet and Steakhouse Financial.

Integrated with Stake DAO Lending (beta) to enable borrowing against OnlyBoost LP positions for the Metronome DAO msUSD/frxUSD liquidity pool while LP tokens continue earning rewards.

Integrated with TermMaxFi for automatic floating-rate yield on fixed-rate matches and rolling fixed-rate debt into floating markets before expiry; launches new DeFi primitive for fixed-rate lending markets.

reached $55.91M+ TVL with 160K+ daily active users across 100+ markets on multiple chains

Supports borrowing against Polymarket positions as collateral through its universal lending protocol with deep liquidity pools.

reUSD added as collateral on Fluid lending protocol, enabling borrowing of USDT and USDC against reUSD at market rates.

Powers Coinbase's DeFi lending with a Web2 user experience

Select Morpho Vaults integrated into Royco Dawn v2.1 platform as new investment tranches, launching on 2026-03-13.

Deployed on Katana chain at launch alongside Sushi and Vertex.

Integrated with Jumper Exchange to enable users on 61 chains to deposit into Morpho vaults in a single transaction through Jumper's crosschain platform.

Facilitated a $29M WETH flash loan used by an MEV bot in a sandwich attack on March 13, 2026.

Lido Finance is allocating into Morpho Labs to expand its earn offerings into USD-denominated yield.

Integrated with ShapeShift to offer noncustodial yield products via Yield.xyz, featuring vaults on Katana curated by Yearn Finance, Clearstar Labs, Steakhouse Financial, and Gauntlet.

Steakhouse Finance embedded Morpho Labs lending into the Ramp Network app to earn yield on USDC.

Activity on Ethereum increased by 41.7% over the past 30 days.

Reached $406 million in Sky-native assets as collateral, with $325 million from Sky/MakerDAO deposited at 9.3x leverage on Ethereum Morpho.

Identified as a protocol that can survive across multiple market cycles alongside Uniswap, Aave, Pendle, Hyperliquid, and Balancer, with demonstrated product market fit, deep liquidity, and proven resilience through multiple market cycles.

Integrated with OdysseyFi as a lending strategy option, enabling direct supply and borrow on Morpho Blue isolated markets via both non-looped and flash loan leveraged positions.

Ranked #9 in CoinGecko's top 10 gainers of February 2026 with a 62% price increase.

Reached $7.12B in TVL, representing a 16.87% increase over the previous 30 days.

Used as one of multiple underlying protocols for automated yield rebalancing within the coreUSDC vault strategy.

Hosts a Katana vault campaign in collaboration with Binance, distributing 50 million KAT tokens to USDC depositors, ending on 2026-03-16.

Market size increased by $1 billion week-over-week, representing a 20% growth.

Mentioned as one of four DeFi markets used by a Giza Agent for yield optimization over a 7-day period, specifically the Universal USDC and Gauntlet USDC Prime markets.