$MORPHO DeFi’s strongest dark horse as institutions go all-in
TVL is exploding, challenging Aave’s dominance. Morpho’s total value locked has reached approximately $7.7 billion, and in May Morpho Blue hit a TVL peak of $11.8 billion. From $6.5 billion TVL across 37 chains to edging toward Aave’s $12 billion, the gap is rapidly narrowing.
Top institutions collectively place their bets, driving the valuation to $2 billion. Paradigm, a16z crypto, and Ribbit Capital co-led a $175 million funding round, with total funding exceeding $250 million. Apollo Global Management has made a strategic investment, and Standard Chartered Bank has set a 2030 target price of $60.
Compliant expansion + Robinhood integration, opening up a billion-level market. On July 28, HashKey, a licensed exchange in Hong Kong, officially went live. Robinhood Earn has integrated Morpho infrastructure, reaching about 28 million funded accounts. Coinbase has issued more than $2 billion in loans via Morpho infrastructure.
TVL is exploding, challenging Aave’s dominance. Morpho’s total value locked has reached approximately $7.7 billion, and in May Morpho Blue hit a TVL peak of $11.8 billion. From $6.5 billion TVL across 37 chains to edging toward Aave’s $12 billion, the gap is rapidly narrowing.
Top institutions collectively place their bets, driving the valuation to $2 billion. Paradigm, a16z crypto, and Ribbit Capital co-led a $175 million funding round, with total funding exceeding $250 million. Apollo Global Management has made a strategic investment, and Standard Chartered Bank has set a 2030 target price of $60.
Compliant expansion + Robinhood integration, opening up a billion-level market. On July 28, HashKey, a licensed exchange in Hong Kong, officially went live. Robinhood Earn has integrated Morpho infrastructure, reaching about 28 million funded accounts. Coinbase has issued more than $2 billion in loans via Morpho infrastructure.