Listed as #5 on CoinMarketCap's weekly top gainers with a +30.18% price increase.

Vault receipts from Morpho are accepted as collateral on Vaulted's private beta on Base, allowing users to deposit them and mint USDVE stablecoin while continuing to earn yield.

Integrated with Origin Protocol to provide markets on Base as part of Origin's cross-chain stablecoin infrastructure.

Integrated with TON Wallet for BTC, ETH, and USDT yield access, offering up to 18% APY on USDT strategies with Re7 Labs.

Partners with f(x) Protocol and 9 Summits to launch an agentic fxUSD vault, with 35 of 36 Felix Protocol Morpho markets secured by RedStone oracles.

Coinbase and Apollo chose Morpho Labs over competitors for institutional partnerships.

Integrated Morpho Vaults with Safe and Deblock for Steakhouse-curated Morpho V2 vault, enabling allocation of Société Générale's MiCA-compliant EURCV stablecoin.

Surpassed AAVE in fully diluted valuation (FDV).

Reached approximately $9B TVL in vault-based curated lending and generated hundreds of millions in annualized fees historically.

Token price increased 16% on February 25, 2026.

Increased 16% to reach a $1.8B fully diluted valuation.

Coinbase built $1.2B in crypto loans on top of Morpho Labs infrastructure

Integrated with Featherlend to enable Celo mobile-first users in emerging markets to access onchain yield curated by Featherlend.

PT-savUSD on Pendle is loopable on Morpho Labs as of February 2026.

Experienced $238M in positions starting liquidation on February 23, 2026, with zero bad debt recorded by February 29, 2026.

Reached $14.7 million in borrows against $16.9 million worth of mf-ONE collateral on the platform, with borrowers paying over 20% APR as of February 23, 2026.

Expands Sky Risk Capital vault offerings to include USDT and USDC markets in addition to the existing USDS Risk Capital vault.

Generated approximately $260M in annualized revenue as of February 2026.

Featured as an example protocol in INFINIT's Prompt-to-DeFi AI agent platform demo, where users can interact with Morpho for borrowing operations within automated DeFi strategies.

Launched a new dashboard that tracks network growth, chain-specific metrics, liquidations, and vault curation.

Generated $11.3M in fees over the 30-day period ending approximately February 20, 2026, representing a 16.7% decrease from the prior period.

Integrated with Katana, enabling USDC borrowing with ETH or WBTC collateral and multi-token rewards (ETH, MORPHO, USDC, KAT) during Shogun Season.

Gained 10% in price, leading top movers in the crypto market on February 20, 2026.

Experienced a Pyth oracle failure where the oracle had not updated for 2 months, leading to multiple liquidations after the issue was reported.

Assets supplied to RWA-backed markets reach $350M, with USDC accounting for $260M of RWA-backed lending, leveraging RWA collateral and optimized credit markets.

Integrated with Coinbase, enabling U.S. users to borrow up to $100,000 USDC against XRP, Dogecoin, Cardano, and Litecoin collateral on Base.

Steakhouse Prime USDC vault available on OKX Wallet DeFi Earn platform offering 15-54% APY (with APY dependent on Katana FDV at TGE).

Ranks among top gainers in the crypto market on February 18, 2026.

Experienced a 160% increase in lending fees over the 90-day period ending around February 17, 2026.

Joined Blockchain Association, the leading crypto policy trade association in the US, to advance US policy strategy, regulatory framework engagement, and contribute to DeFi policy discussions and regulatory advocacy.

Integrated as collateral on Morpho, enabling users to borrow against positions and lend holdings for supplementary yield.

Integrated with Taurus-PROTECT, enabling 40+ traditional financial institutions to access onchain lending via Morpho Vaults through a compliant custodial interface.

Integrated with Fluidkey to provide yield generation for users of the Fluidkey payment and privacy app.

Apollo Global Management acquired 90 million Morpho tokens (9% stake) over four years. Apollo is an asset manager with $840B+ AUM.

Integrated with Anchorage Digital, a federally regulated crypto bank with $50B AUM, allowing institutions to allocate capital to Morpho Vaults.

Added srRoyUSDC as borrowable collateral with $2M capacity, enabling users to borrow pmUSD stablecoin against their positions.

Integrated Ondo Finance tokenized stocks QQQon and SPYon, and xStocksFi tokenized equities as collateral assets, with the USDC RWA Vault.

Integrated with Pendle to enable looping for PT-sUSDai (maturing February 19th, 2026) on Arbitrum and PT-srUSDe (maturing April 2nd, 2026) on Ethereum.

Reached $450 million in deposits into Steakhouse vaults deployed on Morpho from Coinbase users.

Sentora's PYUSD v2 Morpho Vault activated a 1% management fee in late December 2025.

MORPHO token becomes available to New York residents on Coinbase.com and Coinbase iOS and Android apps.

Processed $170M in liquidations via the protocol within one week, including $90.7M on a single day (Thursday, February 5, 2026), related to Coinbase's crypto-backed loans.

Experienced a $50M exploit via the Morpho MEVCapital USDC Vault, where a former developer with retained administrative privileges manipulated contract settings to drain funds.

Added Centrifuge's ACRDX as a new RWA lending product with tokenized assets live on markets.

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

Deposits near all-time high, driven by increased RWA deposits, holding 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 XAUT0 token deposits on Monad, enabling borrowing against XAUT0 as collateral.

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.

Integrated with Origin Protocol's stETH ARM vault to provide lending functionality for YO's yoETH yield strategy.

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, partnered with Lombard and Anchorage to launch Bitcoin Smart Account, enabling BTC.b receipt tokens (1:1 pegged) as DeFi collateral, with rollout scheduled for 2026.

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

Powers infrastructure for Yearn Finance.

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.