The $293 million KelpDAO exploit has delayed but not derailed traditional finance institutions' onchain plans, according to Paul Frambot, co-founder and CEO of Morpho, a DeFi lending infrastructure protocol.
Morpho surged 12% to about $1.94 after its TVL hit a record $3.7 billion, signaling strong DeFi lending demand and renewed investor interest.
Coinbase launches USDC loans in the UK, letting users borrow against Bitcoin, Ethereum, and cbETH through Morpho on Base.
Coinbase has rolled out its crypto-backed lending service in the United Kingdom, allowing users to borrow up to $5 million in USDC against digital assets.
MORPHO clears key resistance at $1.87, signaling the end of a prolonged accumulation phase.
Morpho price didn't just wake up bullish, it kicked the door open. A sharp 20% intraday surge pushed Morpho price cleanly above the $2.0 resistance, and suddenly, a protocol once quietly building is now sitting in the spotlight with a “DeFi unicorn” badge stamped by France's Ministry of Finance.
Morpho price rallied to nearly $2 for the first time this year as a wave of institutional interest and new protocol upgrades lifted demand for the token. According to data from crypto.
Token Terminal data reveals Morpho's revenue gap despite strong borrower activity in DeFi lending.
Why Morpho's $170 million in interest seems better than Aave's $140 million in annual revenue?
Morpho's price rises by 10% as volume doubles, with bulls testing the critical $2.1 resistance zone.
Morpho introduces Morpho Agents, enabling AI integration into DeFi lending on Ethereum and Base for seamless autonomous transactions.
Morpho launches Morpho Agents in beta, giving AI agents machine-readable access to read, simulate, and use its lending protocols. Morpho introduces Morpho Agents to bring AI agents into DeFi lending.