Added Centrifuge's ACRDX as a new RWA lending product.

Enables XRP lending and borrowing on Flare network, allowing FXRP holders to earn yield or borrow stablecoins against collateral.

Holds over $800M in RWA collateral.

Launched a new Merkl campaign incentivizing EURC deposits on Base, causing increased deposit activity.

Processed $23 million in liquidations across the protocol stack on 2026-01-31 during market volatility.

Will pitch to top liquidity providers at Liquidity Day event co-hosted by monad_eco and cicada_mm, streamed live on 2026-01-29 at 18:00 GMT+4.

Bitwise Asset Management, a US-regulated $15B+ global crypto asset manager, joins as a vault curator on the network.

Integrated with Kraken DeFi Earn through Sentora vaults, enabling millions of Kraken users to access Morpho's onchain rates directly through the exchange platform.

Integrated with Otto AI's "Earn Yield" service on Virtuals ACP, enabling natural language deposits to Morpho vaults across 6 chains.

Liquidity pools available on OKX wallet via Katana with incentive program offering 5M KAT tokens as rewards.

Supports deposits on Monad for XAUT0 token.

USDD launched a looping vault on Morpho Labs.

Stablecoins used as collateral increased from $100 million to over $330 million since January 2026.

Powers GUSD stablecoin's yield-routing mechanism for Generic Protocol, which combines USDC, USDT, and USDS.

Integrated as the underlying yield-generating protocol for Generic Money, a stablecoin wrapper system that creates yield-bearing dollars using Morpho vaults.

Discontinued Discord server and migrated community support to Intercom platform due to scammer risks.

Reached approximately $3.6 billion in total value locked (TVL), ranking second among DeFi lending protocols.

Integrated with a platform enabling cross-chain swaps between Morpho pools across multiple chains in a single interface.

Integrated with Kaia Chain and SuperEarn, whose yield engine allocates to Morpho's Prime, Core (Balanced), and Frontier vaults on Ethereum.

Active loans on Base surpassed $1 billion, representing approximately 10x year-over-year growth.

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

Origin Protocol integrated with Morpho.

Featured in a partnership announcement by thedefiedge discussing how Summer Finance adjusts market caps on Morpho USDC/USDT markets based on liquidity and stability conditions.

Received $300K deposit from 0xAlphaping into Stake DAO Morpho markets on January 8, 2026.

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.

Provides high-performance blockchain data services to Deutsche Telekom and DeFi protocols including Morpho Labs and PancakeSwap.

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.

Offers negative borrow rates on Arbitrum for borrowing USDT using syrupUSDC, USDAI, wstETH, or SUSDS as collateral.

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

Fasanara Capital deposited 6,569 ETH (valued at $19.72M) into Morpho and borrowed 13M USDC against it over a two-day period ending December 23, 2025.

Nominated for "Best In Yield" award at The Rollup awards ceremony scheduled for December 30th, 2025.

Experienced a rise in TVL during the week ending December 20, 2025.

Ranked among the top 5 daily crypto gainers on December 19, 2025.

Recommended as a good reallocation choice among Base tokens based on criteria including protocol usage, long-term building potential, revenue generation, and competitive positioning.

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

Rose 10% in price on December 17, 2025, leading top movers in the crypto market.

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.

Two Pendle PT tokens are loopable on Morpho: PT-thBILL (USDC) offering 9.01% on Arbitrum and PT-iUSD offering 7.36% on Ethereum, with February 19 expiration.

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

Morpho frontend uses a whitelist system for vault indexing, with only whitelisted vaults appearing on the frontend and most yield discovery sites, while non-whitelisted vaults remain invisible despite potentially achieving significant TVL.

Morpho V2 will enable onchain undercollateralized loans through a free market approach that allows the market to price various repayment commitments including collateral, identity, reputation, and scores.

The protocol outsources products to vaults that handle risk management and charge performance fees while controlling only the fee switch, with the Morpho Association allocating most resources to building infrastructure and SDKs instead of operating vaults.

Avon, a Morpho product for borrowers, faces severe liquidity fragmentation with only a handful of pools containing most liquidity across loan-collateral pairs even when accounting for multiple chains, with concerns raised about the lender side remaining unsolved.

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

Morpho achieves 900,000 users through World App mini app deployment.

DeFiSaver integrates Steakhouse/Morpho vaults into their Smart Savings dashboard alongside Yearn V3, Sky, and Spark protocols.

Data from Avantgarde Finance reveals that some of the lowest risk Morpho vaults are 70% illiquid, with exits being slow, expensive, or queue-bound despite instant deposits.

Morpho Association, a shareholder-free entity, owns all Morpho IP, applications, and social accounts, with the project operating exclusively on tokens without equity ownership.

Integration with Reown and Safe wallets now enables login with hundreds of wallet options, allowing institutions and fund managers to manage positions directly.

Gondorfi launches DeFi layer for Polymarket positions built on Morpho protocol, with Beta now live on Polygon allowing users to borrow up to 50% LTV against positions or lend USDC for up to 30% APY.

Morpho has integrated with Sei Network, enabling composability for tokenized private credit alongside native USDC, PYUSD, and lending markets on a chain targeting institutional RWA adoption.

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

Pendle Principal Tokens of USDai and CUSD can now be used as collateral on Morpho on Unichain, unlocking additional liquidity.

SolidYield crypto neobank integrates Morpho as part of its automated yield strategy infrastructure alongside Pendle for automatic balance yield generation.

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

Historic share price tracking for vaults now available on the Morpho App.

Analysis of 20 recent Binance listings includes Morpho with under 1% allocation, zero revenue to Binance, and user-focused distribution through Launchpool and airdrops.

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

Yearn-curated OEV-boosted USDC vault on Morpho achieves A rating alongside Stakehouse and Gauntlet Vaults.

Polymarket integrates Morpho to enable leveraged prediction market positions.

Users can borrow against Polymarket positions through Morpho's infrastructure.

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.

Credora Network risk scores now available in Morpho App's Risk tab for depositor risk assessment. Markets offer 29.1% delta neutral ETH yields on Base through cbETH:WETH pairs with automatic allocation.

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.

BTC.b deployed on Morpho on Stable network rewards 10,000 LUX per BTC.b for the first 21 days since Stable's mainnet launch.

Resolv season 4 farming program goes live today with 2.5% token allocation through April 9, 2026, featuring leveraged positions on Morpho (up to 10x) alongside 120,000 ETHFI liquid partner rewards.

Stable payment network powered by Morpho's lending infrastructure has institutional traction from PayPal and Bitfinex.

Coinbase crypto-backed loans powered by Morpho allow borrowing up to $5M using BTC or $1M using ETH at 4-8% rates with instant origination and no credit checks. Legend platform integrates Morpho for unified DeFi earning and borrowing interface.

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.

Wirex integrates Morpho, allowing business account customers to earn institutional-grade stablecoin yield through Gauntlet-curated vaults with one-click opt-in.

Morpho goes live on Stable platform, connecting hundreds of millions in payment liquidity to institutional-grade yield.

SolidYield, a new neobank offering Visa card spending, integrates with Morpho to automatically generate yields on users' stablecoin balances in the background.

The IMF vault on Morpho reached peak TVL of $260M in July 2025, became the largest holder of USDS with over $102M deposits, and implements token buybacks to fund new rewards campaigns after generating $1.8M in real yield to lenders.

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.

Without token incentives, Morpho market APYs are described as "bleak," and WETH represents the highest loan deposit market rather than MON-related assets, with WMON ranking far down the list.

Katana uses Morpho Labs vaults curated by Gauntlet and Steakhouse Financial in its Vaultbridge system to generate yield from bridged USDC and ETH on Ethereum mainnet.

Yield compression occurs even in high-risk Morpho markets.

Fasanara's mf-ONE vault has $24m exposure to First Brands bankruptcy where $2.5b of $3b collateral was fraudulent, modeled by Steakhouse as 100% loss that keeps Morpho lenders solvent, while some borrowers are 4% from liquidation with another markdown expected.

On Arbitrum, Morpho handles $3.08 billion borrowed across 940 pools at 713.08% average APY while reporting negative $3.8 million earnings from incentive spending.

An exclusive deal between Morpho and Coinbase causes cbBTC loan rates of ~7% for Coinbase users compared to 4-5% elsewhere (more than 50% higher), raising potential antitrust law violation concerns.

Morpho Labs powers lending functionality on okutrade, enabling users to borrow USDC using tokenized uranium (xU3O8) as collateral on Etherlink, Tezos' EVM compatibility layer.

Smart Money accumulates MORPHO with top inflows during recent price drops.

Markets V2 will launch with deep liquidity on day one through Vaults V2, which allocate through a DAO-controlled registry that enables persistent liquidity across all protocol versions.

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.

Users complain about losing entire deposits in Morpho vaults, claiming curator actions led to fund losses and demanding return of funds from MEVCapital.

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.

Parafi Capital withdraws 400K MORPHO tokens (~$585K USD) from FalconX Global, following their receipt of 600K MORPHO (~$940K USD) 9 days earlier to a fresh wallet.

Obex Incubator creates curated vaults on Morpho for incubated yieldcoin projects.

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.

21Shares announces two new ETPs: a MORPHO ETP and an ETHENA ETP.

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.

EOA supplies show an increasing trend possibly driven by "monarch", and more vaults integrate directly with markets bypassing Morpho vaults.

Morpho identified in Smart Money rotation back into DeFi lending category alongside AAVE. Morpho deployed on Monad with presence in incentivized stablecoin pools representing part of approximately $90M TVL shared across multiple protocols.