Morpho sees a surge in whale activity and network growth, hinting at brewing momentum with reduced sell pressure.
Upbit will list Morpho (MORPHO) and Euler (EUL) tokens in the KRW market on July 25 and 26, boosting DeFi lending protocol access for Korean Upbit to list Morpho and Euler tokens in KRW market, signaling DeFi lending's growing appeal in Asia.
Morpho launched Midnight on Base, a fixed-rate, fixed-term lending protocol that complements Morpho Blue's variable markets. The protocol allows lenders and borrowers to propose their own rates, maturities, and terms, without relying on an algorithmic utilization curve. The launch follows a $175 million funding round led by Paradigm, a16z crypto, and Ribbit Capital.
Morpho has officially launched its fixed-rate lending protocol Midnight on Base, adding a new credit layer to its onchain lending network as it seeks to bring fixed-rate, fixed-term borrowing closer to traditional financial markets.
Morpho Midnight launches fixed-rate, fixed-term credit markets on Base with cbBTC/USDC, bringing predictable DeFi lending to Morpho's $11B Morpho Midnight launches fixed-rate, fixed-term credit markets on Base.
Morpho's total value locked on Robinhood Chain surpasses $360M after a 60% weekly surge, making it the dominant DeFi protocol on the new Morpho total value locked on Robinhood Chain surpasses $360M.
Morpho announces the public launch of Morpho Midnight for the coming days, after several months in beta. This protocol represents a new paradigm for onchain lending and is the team's most ambitious bet to date.
Morpho has confirmed that its web app and API came back online following a partial outage that it blamed on an Amazon CloudFront failure. The Amazon downtime took out the second-largest onchain lending network, behind only Aave, for several hours, during which borrowers and lenders could not reach the app.morpho.org and api.morpho.org portals.
Morpho restored its app and API after a suspected AWS CloudFront outage caused partial disruption, with no onchain failure reported.
The competition between Coinbase and Robinhood highlights a shift towards mainstream acceptance of DeFi, potentially influencing regulatory stances. Coinbase offers variable USDC yield with MORPHO rewards, Robinhood targets fixed 7%.
Morpho's growth amid a DeFi slowdown highlights the potential for innovative lending models to attract significant capital and reshape the market. USDC deposits into Morpho rise 86% to $2.8B amid DeFi slowdown.
The Morpho $60 forecast and the token being available to trade on the Solana network has helped boost market sentiment.