#morpho涨超12% Is the lending leader about to change hands? Here’s a set of hard-core data you definitely haven’t noticed:
Efficiency crushes: On June 4, Morpho, with $11B in TVL, generated higher daily fee revenue than Aave (with $25B in TVL). With less than half the principal, it made more money.
Channel monopoly: All underlying lending from Coinbase and Robinhood (over 50 million users) is entirely exclusively handled by $MORPHO .
Backed by capital: Paradigm + a16z invested $175 million.
$AAVE is still competing for existing locked-in capital (TVL), while Morpho has already bound with top-tier CEXs and Web2 brokers, directly monopolizing the distribution channels for incremental capital.
Once a giant gets integrated, the cost of replacing the underlying protocol is unimaginable.
Morpho’s current strategy isn’t about competing with you on locked value—it’s about directly cutting off your new traffic entry points.
Can the old king still eat? When will the new king be crowned? The landscape of this race is changing fast—stay tuned! 👀
Efficiency crushes: On June 4, Morpho, with $11B in TVL, generated higher daily fee revenue than Aave (with $25B in TVL). With less than half the principal, it made more money.
Channel monopoly: All underlying lending from Coinbase and Robinhood (over 50 million users) is entirely exclusively handled by $MORPHO .
Backed by capital: Paradigm + a16z invested $175 million.
$AAVE is still competing for existing locked-in capital (TVL), while Morpho has already bound with top-tier CEXs and Web2 brokers, directly monopolizing the distribution channels for incremental capital.
Once a giant gets integrated, the cost of replacing the underlying protocol is unimaginable.
Morpho’s current strategy isn’t about competing with you on locked value—it’s about directly cutting off your new traffic entry points.
Can the old king still eat? When will the new king be crowned? The landscape of this race is changing fast—stay tuned! 👀