Circulating market cap
Fully diluted market cap
Total value locked
P/F ratio (circulating)
Annualized borrowing volume
P/S ratio (circulating)
Daily active users (30d average)
What is Morpho
Morpho is a non-custodial lending optimizer protocol built on Ethereum. Morpho was founded by Paul Frambot & Vincent Danos and launched in 2022.
How does Morpho work
Lenders deposit funds into Morpho and earn interest from p2p borrowers or interest (and token incentives) from third-party lending protocols (supply-side fees).
Who governs Morpho
MORPHO tokenholders own and govern the protocol. They currently do not take a cut of the interest and third-party token incentives earned by lenders (revenue). Morpho's investors include a16z, Coinbase Ventures, Semantic Ventures, etc.
Daily fees vs. daily revenue in the past 180 days.