On-chain lending on @Base is taking off vertically.
@Morpho and the on-chain active collateral in @Coinbase vaults have grown from $1.5 billion to $3.5 billion year to date, an increase of roughly 133%.
Borrowing and lending are both accelerating, suggesting real capital is beginning to capture lending and deposit yields on Base—not just trading meme coins.
This is the most direct evidence that “on-chain finance is replacing part of TradFi’s deposit and lending”—what @Base is grabbing isn’t just attention, it’s the underlying infrastructure of finance.
@Morpho and the on-chain active collateral in @Coinbase vaults have grown from $1.5 billion to $3.5 billion year to date, an increase of roughly 133%.
Borrowing and lending are both accelerating, suggesting real capital is beginning to capture lending and deposit yields on Base—not just trading meme coins.
This is the most direct evidence that “on-chain finance is replacing part of TradFi’s deposit and lending”—what @Base is grabbing isn’t just attention, it’s the underlying infrastructure of finance.