The Morpho Olympics has officially begun! The program is designed to strategically align risk curators with the success of Morpho by awarding them MORPHO based on the total supply in their vaults. Up to $10M MORPHO is allocated to the event and will be distributed to curators quarterly. If you aren’t familiar with risk curators, they are teams responsible for building lending vaults that allocate deposits to the Morpho Blue markets. Users can deposit into the vaults to optimize risk-adjusted ...

The Morpho Olympics has officially begun! The program is designed to strategically align risk curators with the success of Morpho by awarding them MORPHO based on the total supply in their vaults. Up to $10M MORPHO is allocated to the event and will be distributed to curators quarterly. If you aren’t familiar with risk curators, they are teams responsible for building lending vaults that allocate deposits to the Morpho Blue markets. Users can deposit into the vaults to optimize risk-adjusted ...

For the entire year of 2023, we were focused on building the most secure lending protocol in the world. The security of any protocol starts from the very first ideas and spans across the whole life of the project; in other words, it never ends. This article shares the Morpho Blue security framework so that other projects can benefit from our experience. The framework is divided into four phases: pre-build, build & test, pre-deployment, and post-deployment. Each of these has different goals an...

For the entire year of 2023, we were focused on building the most secure lending protocol in the world. The security of any protocol starts from the very first ideas and spans across the whole life of the project; in other words, it never ends. This article shares the Morpho Blue security framework so that other projects can benefit from our experience. The framework is divided into four phases: pre-build, build & test, pre-deployment, and post-deployment. Each of these has different goals an...

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. Part One: Intro to the Morpho Approach & Simplifying Isolated Markets Part Two: Enabling Diverse Risk Profiles Part three of the Understanding Morpho Vaults series explains one of the most powerful features of the Morpho Approach: how Morpho vaults aggregate and then amplify withdrawable liquidity to give ...

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. Part One: Intro to the Morpho Approach & Simplifying Isolated Markets Part Two: Enabling Diverse Risk Profiles Part three of the Understanding Morpho Vaults series explains one of the most powerful features of the Morpho Approach: how Morpho vaults aggregate and then amplify withdrawable liquidity to give ...

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...

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...

MetaMorpho is an open-source, immutable, heavily audited code base that has now also been formally verified using Certora. Formal verification is a staple of Morpho's security framework. Not long ago, we shared the formal verification of Morpho Blue, and today, we are doing the same for MetaMorpho. Used effectively, formal verification can help develop higher quality and, most importantly, more secure smart contracts. That is why Morpho Labs has invested significant time and resources in...

MetaMorpho is an open-source, immutable, heavily audited code base that has now also been formally verified using Certora. Formal verification is a staple of Morpho's security framework. Not long ago, we shared the formal verification of Morpho Blue, and today, we are doing the same for MetaMorpho. Used effectively, formal verification can help develop higher quality and, most importantly, more secure smart contracts. That is why Morpho Labs has invested significant time and resources in...

The ongoing debate between monolithic and modular remains a focal point of contention as new approaches to lending, such as Morpho’s, start to gain significant traction. Most commentary describes Morpho — with Morpho Blue's permissionless market creation and MetaMorpho's customizable lending vaults — as modular. However, we believe Morpho’s architecture goes beyond the false choice between monolithic or modular and represents a new category: aggregated. Morpho’s aggregated lending s...

The ongoing debate between monolithic and modular remains a focal point of contention as new approaches to lending, such as Morpho’s, start to gain significant traction. Most commentary describes Morpho — with Morpho Blue's permissionless market creation and MetaMorpho's customizable lending vaults — as modular. However, we believe Morpho’s architecture goes beyond the false choice between monolithic or modular and represents a new category: aggregated. Morpho’s aggregated lending s...

Morpho Blue is a permissionless lending primitive where anyone can lend/borrow, create a market, and tailor their risk profiles. While not fully permissionless like Morpho contracts (Morpho Blue & MetaMorpho), the Morpho Interface is designed to make interacting with Morpho more accessible to end-users by displaying all Morpho Blue markets and MetaMorpho vaults. As Morpho Blue continues to gain significant traction, liquidity, and Lindy, many new markets and vaults have appeared and will cont...

Morpho Blue is a permissionless lending primitive where anyone can lend/borrow, create a market, and tailor their risk profiles. While not fully permissionless like Morpho contracts (Morpho Blue & MetaMorpho), the Morpho Interface is designed to make interacting with Morpho more accessible to end-users by displaying all Morpho Blue markets and MetaMorpho vaults. As Morpho Blue continues to gain significant traction, liquidity, and Lindy, many new markets and vaults have appeared and will cont...

We are thrilled to announce that Gauntlet, DeFi’s leading risk management firm, is joining Morpho. Having worked with all the largest DeFi protocols, Gauntlet brings a wealth of capabilities to Morpho. Gauntlet will use these to curate various lending vaults on top of Morpho Blue using MetaMorpho. Morpho Blue takes a fundamentally different approach to lending by externalizing risk management. Morpho Blue creates an open marketplace for risk management, enables diverse risk profiles, and esta...

We are thrilled to announce that Gauntlet, DeFi’s leading risk management firm, is joining Morpho. Having worked with all the largest DeFi protocols, Gauntlet brings a wealth of capabilities to Morpho. Gauntlet will use these to curate various lending vaults on top of Morpho Blue using MetaMorpho. Morpho Blue takes a fundamentally different approach to lending by externalizing risk management. Morpho Blue creates an open marketplace for risk management, enables diverse risk profiles, and esta...

Moonwell, the largest lending protocol on Base, has leveraged MetaMorpho to curate optimized lending vaults for USDC and WETH on Morpho. Moonwell’s vaults allow depositors to earn better risk-adjusted yields through transparent, over-collateralized lending strategies plus additional rewards. The vaults are now easily accessible via Moonwell’s user-friendly app. The vaults supply liquidity to markets deployed on Morpho Blue. Users can borrow from these markets and benefit from higher collatera...

Moonwell, the largest lending protocol on Base, has leveraged MetaMorpho to curate optimized lending vaults for USDC and WETH on Morpho. Moonwell’s vaults allow depositors to earn better risk-adjusted yields through transparent, over-collateralized lending strategies plus additional rewards. The vaults are now easily accessible via Moonwell’s user-friendly app. The vaults supply liquidity to markets deployed on Morpho Blue. Users can borrow from these markets and benefit from higher collatera...

We are thrilled to announce that Warden Finance has joined Morpho Labs, bringing years of experience building best-in-class risk and analytics solutions in DeFi. Warden’s goal has always been to create a safer DeFi by putting powerful risk management tools in the hands of the community. Joining Morpho is the next step in playing a more significant role in enabling a more sophisticated and risk-managed financial system. The team from Warden will focus their efforts on making Morpho Blue more a...

We are thrilled to announce that Warden Finance has joined Morpho Labs, bringing years of experience building best-in-class risk and analytics solutions in DeFi. Warden’s goal has always been to create a safer DeFi by putting powerful risk management tools in the hands of the community. Joining Morpho is the next step in playing a more significant role in enabling a more sophisticated and risk-managed financial system. The team from Warden will focus their efforts on making Morpho Blue more a...

Today, we unveil the Public Allocator for Morpho (also known as Morpho Blue): a new feature that provides borrowers with just-in-time liquidity by reallocating liquidity between markets to increase the liquidity on a selected market. Liquidity reallocation is made possible with Morpho Vaults and a separate contract called the Public Allocator. Typically, an address controlled by the risk curator allocates a vault's liquidity. However, a vault can also allow the Public Allocator contract ...

Today, we unveil the Public Allocator for Morpho (also known as Morpho Blue): a new feature that provides borrowers with just-in-time liquidity by reallocating liquidity between markets to increase the liquidity on a selected market. Liquidity reallocation is made possible with Morpho Vaults and a separate contract called the Public Allocator. Typically, an address controlled by the risk curator allocates a vault's liquidity. However, a vault can also allow the Public Allocator contract ...

Guided by Maker's Endgame plan, Spark is now leveraging Morpho’s infrastructure (Morpho Blue & MetaMorpho) and Maker's liquidity. This approach aims to enhance DAI yields by offering onchain overcollateralized exposure to Ethena's sUSDe (staked USDe), supporting a scalable and diverse long-term strategy. In addition to creating sUSDe/DAI and USDe/DAI markets on Morpho Blue, Spark has built a MetaMorpho vault to allocate DAI liquidity directly from Maker’s D3M (direct deposit mo...

Guided by Maker's Endgame plan, Spark is now leveraging Morpho’s infrastructure (Morpho Blue & MetaMorpho) and Maker's liquidity. This approach aims to enhance DAI yields by offering onchain overcollateralized exposure to Ethena's sUSDe (staked USDe), supporting a scalable and diverse long-term strategy. In addition to creating sUSDe/DAI and USDe/DAI markets on Morpho Blue, Spark has built a MetaMorpho vault to allocate DAI liquidity directly from Maker’s D3M (direct deposit mo...