Morpho is pleased to announce it has secured $50M from Ribbit Capital and other strategic partners to enhance the network’s decentralization and support its mission to make financial infrastructure a public good.
With this development, Morpho stands to benefit from a long list of industry leaders who not only share a vision of building finance like the early internet–via layered, open protocols–but will also actively contribute their expertise and resources to Morpho's growth and the network’s decentralization.
The potential impact of Morpho extends far beyond current DeFi markets, as the protocol is capable of becoming decentralized infrastructure to underpin a truly global, internet-native financial system. Ribbit Capital, a pre-eminent fintech investment firm, recognizes this potential, and its investment connects Morpho to Ribbit's global network of portfolio companies including Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.
There was also participation from a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, Kraken Ventures, Hack VC, IOSG, Rockaway, L1D, Semantic, Mirana, Cherry, Fenbushi, LeadBlock Bitpanda Ventures, Robot Ventures and 40+ others who will help guide the future of Morpho.
When Morpho first launched 2 years ago, its primary product was Morpho Optimizer, an optimization layer on top of Aave and Compound that improved interest rates for users. Since then, Morpho has evolved into independent financial infrastructure, inspired by the layered protocols of the early internet. Specifically, Morpho now consists of a set of purpose-built protocols layered on top of a shared base layer to form a network that fosters open innovation, resiliency, and value creation.
At the core of this new layered architecture is Morpho Blue, a permissionless, resilient, and primitive lending protocol that creates an open market for risk management and specialized products. Additional modular layers can be built on top to offer diverse risk profiles and more specialized forms of lending/borrowing while still sharing the same base layer. One example is Morpho Vaults, another layer of the Morpho Stack that empowers multiple independent operators to curate an endless range of scalable risk management strategies on top of Morpho Blue.
Morpho’s successful transition from application to infrastructure is evident by the rapid adoption of Morpho Blue. In just six months since launching on Ethereum, it surpassed $1.7B in total deposits, while the recent deployment on Base reached $120M in deposits in less than a month.
However, this is just the beginning. Morpho is in a position to expand its already-thriving ecosystem, provide grants to more active contributors, and ultimately become the most trusted infrastructure for any DeFi, institutional, or fintech lending application. Morpho was designed to serve all of these diverse use cases, and it's ready to go. If you’re inspired by the mission of making financial infrastructure a public good, come join us.
Morpho is pleased to announce it has secured $50M from Ribbit Capital and other strategic partners to enhance the network’s decentralization and support its mission to make financial infrastructure a public good.
With this development, Morpho stands to benefit from a long list of industry leaders who not only share a vision of building finance like the early internet–via layered, open protocols–but will also actively contribute their expertise and resources to Morpho's growth and the network’s decentralization.
The potential impact of Morpho extends far beyond current DeFi markets, as the protocol is capable of becoming decentralized infrastructure to underpin a truly global, internet-native financial system. Ribbit Capital, a pre-eminent fintech investment firm, recognizes this potential, and its investment connects Morpho to Ribbit's global network of portfolio companies including Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.
There was also participation from a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, Kraken Ventures, Hack VC, IOSG, Rockaway, L1D, Semantic, Mirana, Cherry, Fenbushi, LeadBlock Bitpanda Ventures, Robot Ventures and 40+ others who will help guide the future of Morpho.
When Morpho first launched 2 years ago, its primary product was Morpho Optimizer, an optimization layer on top of Aave and Compound that improved interest rates for users. Since then, Morpho has evolved into independent financial infrastructure, inspired by the layered protocols of the early internet. Specifically, Morpho now consists of a set of purpose-built protocols layered on top of a shared base layer to form a network that fosters open innovation, resiliency, and value creation.
At the core of this new layered architecture is Morpho Blue, a permissionless, resilient, and primitive lending protocol that creates an open market for risk management and specialized products. Additional modular layers can be built on top to offer diverse risk profiles and more specialized forms of lending/borrowing while still sharing the same base layer. One example is Morpho Vaults, another layer of the Morpho Stack that empowers multiple independent operators to curate an endless range of scalable risk management strategies on top of Morpho Blue.
Morpho’s successful transition from application to infrastructure is evident by the rapid adoption of Morpho Blue. In just six months since launching on Ethereum, it surpassed $1.7B in total deposits, while the recent deployment on Base reached $120M in deposits in less than a month.
However, this is just the beginning. Morpho is in a position to expand its already-thriving ecosystem, provide grants to more active contributors, and ultimately become the most trusted infrastructure for any DeFi, institutional, or fintech lending application. Morpho was designed to serve all of these diverse use cases, and it's ready to go. If you’re inspired by the mission of making financial infrastructure a public good, come join us.
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MorphoUnderstanding Morpho Vaults: Intro & Simplifying Isolated Markets
Morpho Vaults combines the best of isolated markets and multi-asset lending pools to create a better way to lend. In time, we believe Morpho Vaults will become the default lending solution. Today, we are introducing a four-part series explaining why, starting with Part One: Intro to the Morpho Approach & Simplifying Isolated Markets.The Morpho ApproachThere are two main approaches to structuring lending markets in decentralized finance: lending pools and isolated markets. The former excels in...
MorphoAligning Around MORPHO — The Only Asset For Morpho
TL;DRMorpho will have only one asset—the MORPHO token. This single-asset approach ensures complete alignment between the network of contributing entities and the Morpho DAO (MORPHO token holders). To clarify this alignment, Morpho Labs is becoming a wholly-owned subsidiary of the Morpho Association to eliminate any perceived conflicts with equity value and ensure that token holders and these contributing entities share the same incentive. As the Morpho DAO explores introducing protocol fees t...
MorphoUnderstanding Morpho Vaults: Enabling Diverse Risk Profile
Morpho Vaults (formerly known as MetaMorpho Vaults) combines the best of isolated markets and multi-asset lending pools to create a better way to lend. In time, we believe Morpho Vaults will become the default lending solution. Last week, we introduced the Understanding Morpho Vaults article series with Part One: Intro to the Morpho Approach & Simplifying Isolated Markets. Today, we share Part Two: Enabling Diverse Risk Profiles to explain how, unlike the traditional one-size-fits-all approac...
MorphoUnderstanding Morpho Vaults: Intro & Simplifying Isolated Markets
Morpho Vaults combines the best of isolated markets and multi-asset lending pools to create a better way to lend. In time, we believe Morpho Vaults will become the default lending solution. Today, we are introducing a four-part series explaining why, starting with Part One: Intro to the Morpho Approach & Simplifying Isolated Markets.The Morpho ApproachThere are two main approaches to structuring lending markets in decentralized finance: lending pools and isolated markets. The former excels in...
MorphoAligning Around MORPHO — The Only Asset For Morpho
TL;DRMorpho will have only one asset—the MORPHO token. This single-asset approach ensures complete alignment between the network of contributing entities and the Morpho DAO (MORPHO token holders). To clarify this alignment, Morpho Labs is becoming a wholly-owned subsidiary of the Morpho Association to eliminate any perceived conflicts with equity value and ensure that token holders and these contributing entities share the same incentive. As the Morpho DAO explores introducing protocol fees t...
MorphoUnderstanding Morpho Vaults: Enabling Diverse Risk Profile
Morpho Vaults (formerly known as MetaMorpho Vaults) combines the best of isolated markets and multi-asset lending pools to create a better way to lend. In time, we believe Morpho Vaults will become the default lending solution. Last week, we introduced the Understanding Morpho Vaults article series with Part One: Intro to the Morpho Approach & Simplifying Isolated Markets. Today, we share Part Two: Enabling Diverse Risk Profiles to explain how, unlike the traditional one-size-fits-all approac...
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