# The Morpho Effect: April 2025

By [Morpho](https://paragraph.com/@morpho) · 2025-05-05

---

April is when 🐛 turns into 🦋.

It was also a big month for Morpho.

A longer than usual round up 👇

**(slightly longer) TLDR:**
---------------------------

🔹 Coinbase crypto-backed loans reach $130M+ in active loans with $270M+ in collateral

🔹 Trust Wallet and Ledger integrate Morpho for stablecoin earn features

🔹 Apollo's ACRED levered RWA strategy now runs on Morpho

🔹 World DeFi powered by Morpho and new Morpho Mini App in the World App

🔹 Product releases: Morpho Prime, Morpho Lite, and Open-Source Liquidation Bot

Highlights of the month
-----------------------

### Trust Wallet Earn and Ledger Earn are powered by Morpho

Trust Wallet and Ledger, the world's largest non-custodial software and hardware wallets, now integrate Morpho as their default earn option.

Morpho is the default Earn engine of Trust Wallet.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1916828252175475093)

Morpho is now the default earn engine within [@TrustWallet](https://twitter.com/TrustWallet) Earn Hub  
  
Millions of Trust Wallet users can now securely access the best risk-adjusted yields onchain, integrated via [@Kiln\_finance](https://twitter.com/Kiln_finance).

![](https://pbs.twimg.com/amplify_video_thumb/1916828235649953793/img/DOdI9T6lXT_TEUpa.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 156](https://twitter.com/MorphoLabs/status/1916828252175475093)[

7:14 AM • Apr 28, 2025

](https://twitter.com/MorphoLabs/status/1916828252175475093)

Morpho powers Ledger Live's Earn section.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1917215820809470147)

Morpho is powering [@Ledger](https://twitter.com/Ledger) Earn  
  
7M+ Ledger users can now seamlessly access the best risk-adjusted yields onchain, integrated via [@Kiln\_finance](https://twitter.com/Kiln_finance).

![](https://pbs.twimg.com/amplify_video_thumb/1917215799938576384/img/UuB0fLqY-cS0dcKg.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 210](https://twitter.com/MorphoLabs/status/1917215820809470147)[

8:54 AM • Apr 29, 2025

](https://twitter.com/MorphoLabs/status/1917215820809470147)

### Morpho powers Apollo ACRED levered strategy

Institutional grade RWA yields, amplified onchain with DeFi.

Morpho is powering a looping strategy for Apollo's Apollo Diversified Credit Securitize Fund (ACRED), [tokenized by Securitize](https://securitize.io/primary-market/apollo-diversified-credit-securitize-fund), operated by Gauntlet and deployed on Polygon.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1917562382454513998)

Institutional-grade DeFi strategies, powered by Morpho.  
  
The newly launched levered RWA strategy on Apollo Diversified Credit Securitize Fund (ACRED) offers enhanced yields to institutional investors and is available exclusively onchain.

![](https://storage.googleapis.com/papyrus_images/0d5dc8ea7a2da5b3d4460217019f93628299674f84c07dc8e4669cfb8853912b.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 244](https://twitter.com/MorphoLabs/status/1917562382454513998)[

7:51 AM • Apr 30, 2025

](https://twitter.com/MorphoLabs/status/1917562382454513998)

This marks the first time a private credit fund is used in an onchain structured product to enhance yields — a playbook that more TradFi RWA use cases will likely adopt.

### The DeFi Mullet with Coinbase surpasses $130M in active loans

[Coinbase has raised the borrowing cap of crypto-backed loans powered by Morpho to $1M for all eligible US users](https://x.com/coinbase/status/1917566195831652585).

Since launching less than 100 days ago, the product has accumulated $270M+ cbBTC in collateral and $130M+ USDC in active loans. (data source [here](https://dune.com/ryanyyi/coinbase-onchain-loans/b9fea3da-2d44-44b9-a314-9c13eba4b070))

![](https://storage.googleapis.com/papyrus_images/c9a72d94ba4041ff251d179540802009eb7e8efd7a7d963384925f35841c0e4a.png)

### 25M+ Humans on World App Can Now Lend & Borrow Using Morpho

Lend and borrow from World.

Morpho now powers [World DeFi](https://world.org/defi), with the World Coin Foundation providing $5M in incentives to jumpstart growth.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1917858622585069829)

Earn and borrow on World, powered by Morpho  
  
25M+ humans can now access crypto-backed loans and onchain yield, directly in the [@worldcoin](https://twitter.com/worldcoin) app.

![](https://pbs.twimg.com/amplify_video_thumb/1917858570294763520/img/isuMuVCP3OVn1PzO.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 311](https://twitter.com/MorphoLabs/status/1917858622585069829)[

3:28 AM • May 1, 2025

](https://twitter.com/MorphoLabs/status/1917858622585069829)

Morpho on World can be accessed within the World App using the Morpho Mini App by Paperclip Labs.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5d88cc490f5a8e56764f2c2bdab1f614482314317d1c623f451c1ecd57c680d8.jpg)](https://twitter.com/PaperclipLabs)

[Paperclip Labs](https://twitter.com/PaperclipLabs)

[@PaperclipLabs](https://twitter.com/PaperclipLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/PaperclipLabs/status/1917990979514278016)

The Morpho Mini App is live on World App!  
  
We teamed up with Morpho to bring global lending and borrowing markets to the 25M+ World App users.  
  
Powered by [@MorphoLabs](https://twitter.com/MorphoLabs) and [@worldcoin](https://twitter.com/worldcoin), with vaults curated by [@Re7Labs](https://twitter.com/Re7Labs)  
  
Check the demo ↓

![](https://pbs.twimg.com/amplify_video_thumb/1917986236624744448/img/QBb4ayZ-zyKIkkoS.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 66](https://twitter.com/PaperclipLabs/status/1917990979514278016)[

12:14 PM • May 1, 2025

](https://twitter.com/PaperclipLabs/status/1917990979514278016)

Front end support from other leading third-party interfaces:

🔹 [Mobile-native experience from Legend](https://x.com/joinlegend/status/1917987516705325442)

🔹 [Web-first front end from Oku](https://oku.trade/morpho/vaults) for advanced users

### Product Releases

**Introducing Morpho Prime products: a vertical of products dedicated to curators and advanced users.**

The launch included:

🔹 The [Morpho Curator App](https://www.notion.so/app-morpho-org-v2-Product-Marketing-Plan-15fd69939e6d80c5abc0d1d3f458a139?pvs=21), a no-code tool for efficiently managing Morpho Vaults across multiple chains.

🔹 The [Morpho Rewards App](https://www.notion.so/app-morpho-org-v2-Product-Marketing-Plan-15fd69939e6d80c5abc0d1d3f458a139?pvs=21), an all-in-one platform for creating custom rewards programs and discovering reward opportunities.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1907780442637611097)

Introducing Morpho Prime: a new product vertical for curators and advanced users.  
  
Morpho Prime empowers the ecosystem by equipping key participants with powerful tooling. Starting with the Curator & Rewards Apps, Prime will evolve into a comprehensive product suite.

![](https://pbs.twimg.com/amplify_video_thumb/1907780413311082496/img/KWkAJ-5rDW380t_O.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 190](https://twitter.com/MorphoLabs/status/1907780442637611097)[

8:01 AM • Apr 3, 2025

](https://twitter.com/MorphoLabs/status/1907780442637611097)

**Open-Source Liquidation Bot**

An RPC-based liquidation bot that's fast, efficient, and completely open-source—deployable on any EVM-compatible chain.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1915688634923057343)

Today, we're open-sourcing a liquidation bot for Morpho.  
  
Simple, fast, and easily configurable. The bot is entirely based on RPC calls and ready to be deployed on any EVM-compatible chain.

![](https://storage.googleapis.com/papyrus_images/2df903d983312aaa1f6accb63fc4cda360abd433c7029118596549c14ad85d8a.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 454](https://twitter.com/MorphoLabs/status/1915688634923057343)[

3:45 AM • Apr 25, 2025

](https://twitter.com/MorphoLabs/status/1915688634923057343)

**Morpho Lite**

An open-source, lightweight front end providing access to Earn & Borrow on Morpho on EVM chains beyond Ethereum and Base.

At launch, users can access Morpho on Polygon, World, and OP Mainnet, with more chains coming soon.

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1918249771258790349)

Introducing Morpho Lite  
  
A minimal, open-source app with just the essential Earn and Borrow features.  
  
Simple by design, making it easy to deploy on any chain.

![](https://storage.googleapis.com/papyrus_images/1a0fa90463ef061775b8d78d5c54a4e613a58db6acfdd5ccb92a907994b4ba4a.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 383](https://twitter.com/MorphoLabs/status/1918249771258790349)[

5:22 AM • May 2, 2025

](https://twitter.com/MorphoLabs/status/1918249771258790349)

### Metric Highlights

45%+ of cbBTC on Base are held in the Morpho protocol on Base as collateral and lending asset, generating yield. (source: [basescan](https://basescan.org/token/0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf#balances))

![](https://storage.googleapis.com/papyrus_images/eb8afac3298c2faeacd06df17ceb7f33e41b5fbf58c39245ce2da666986af596.png)

Launched less than 2 months ago, [Compound Blue continues to grow on Polygon](https://defillama.com/protocols/Lending/Polygon), with new use cases such as Apollo ACRED looping strategy supporting deployed. (source: [defillama](https://defillama.com/protocols/Lending/Polygon))

![](https://storage.googleapis.com/papyrus_images/21812e25750db63703f82472f39a4ff45d1c221b7e2aead9467a6e1f8581671e.png)

### Ecosystem Highlights

*   [![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)
    
    [Morpho 🦋](https://twitter.com/MorphoLabs)
    
    [@MorphoLabs](https://twitter.com/MorphoLabs)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1914648217712562280)
    
    Earn extra yield on USDC for perp traders on [@bsx\_labs](https://twitter.com/bsx_labs), powered by Morpho
    
    [![User Avatar](https://storage.googleapis.com/papyrus_images/98bb59ddb724c4e959df04330c84102fe9ecdaa16f600d7b15f2344c1caccc66.jpg)](https://twitter.com/bsx_labs)
    
    [BSX](https://twitter.com/bsx_labs)
    
    [@bsx\_labs](https://twitter.com/bsx_labs)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/bsx_labs/status/1914627953239187740)
    
    Introducing: bsxUSD ![🧠](https://abs-0.twimg.com/emoji/v2/72x72/1f9e0.png)![📈](https://abs-0.twimg.com/emoji/v2/72x72/1f4c8.png)  
      
    A yield-bearing, composable stable asset that maximizes your USDC.  
      
    The Base-native money lego for traders is here. One-click deposit to trade with 50x leverage while earning passive yield — powered by [@MorphoLabs](https://twitter.com/MorphoLabs).  
      
    Welcome to the most capital-efficient
    
    ![](https://pbs.twimg.com/amplify_video_thumb/1914626544531857408/img/IzCKzOm5DkxNpNr0.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 45](https://twitter.com/MorphoLabs/status/1914648217712562280)[
    
    6:51 AM • Apr 22, 2025
    
    ](https://twitter.com/MorphoLabs/status/1914648217712562280)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)
    
    [Morpho 🦋](https://twitter.com/MorphoLabs)
    
    [@MorphoLabs](https://twitter.com/MorphoLabs)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1917259361275039959)
    
    One of the fastest growing stablecoins is now officially powered by Morpho.
    
    [![User Avatar](https://storage.googleapis.com/papyrus_images/f6b534b2498cf3972c7f948939ec57a85825a43aa235143a746634957c8e802f.jpg)](https://twitter.com/levelusd)
    
    [Level 🆙](https://twitter.com/levelusd)
    
    [@levelusd](https://twitter.com/levelusd)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/levelusd/status/1917247549385187386)
    
    Level’s next evolution is here, powered by [@MorphoLabs](https://twitter.com/MorphoLabs) ![🦋](https://abs-0.twimg.com/emoji/v2/72x72/1f98b.png)  
      
    Level will start allocating a portion of the USDC in lvlUSD’s reserves to prime vaults on Morpho, diversifying into more high-quality yield sources.  
      
    Read more ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)
    
    ![](https://pbs.twimg.com/tweet_video_thumb/GptpQG0WYAAnK7S.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 91](https://twitter.com/MorphoLabs/status/1917259361275039959)[
    
    11:47 AM • Apr 29, 2025
    
    ](https://twitter.com/MorphoLabs/status/1917259361275039959)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)
    
    [Morpho 🦋](https://twitter.com/MorphoLabs)
    
    [@MorphoLabs](https://twitter.com/MorphoLabs)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1915405407251812787)
    
    Morpho Hyper Everywhere  
      
    Morpho smart contracts are now deployed on [@HyperliquidX](https://twitter.com/HyperliquidX) HyperEVM, with front ends operated by [@felixprotocol](https://twitter.com/felixprotocol) and @0xHyperBeat.
    
    ![](https://pbs.twimg.com/amplify_video_thumb/1915405394610184192/img/7-UCGzsvbLdMjz1x.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 464](https://twitter.com/MorphoLabs/status/1915405407251812787)[
    
    9:00 AM • Apr 24, 2025
    
    ](https://twitter.com/MorphoLabs/status/1915405407251812787)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/ddb2238ad1c0c9ce87b9497c7d5a0076e8f6c335819484965a69a42bd9225ddf.jpg)](https://twitter.com/LilicJohn)
    
    [John Lilic](https://twitter.com/LilicJohn)
    
    [@LilicJohn](https://twitter.com/LilicJohn)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/LilicJohn/status/1915237414010065193)
    
    What [@MorphoLabs](https://twitter.com/MorphoLabs) has built is actually an on chain credit operating system for Bitcoin. The rate at which the [@coinbase](https://twitter.com/coinbase) integration (and others) is growing is phenomenal. Don't fade the mullet. [@PaulFrambot](https://twitter.com/PaulFrambot) [@MerlinEgalite](https://twitter.com/MerlinEgalite) [@TomReppelin](https://twitter.com/TomReppelin) [@OneTrueKirk](https://twitter.com/OneTrueKirk) [@0xloth](https://twitter.com/0xloth) [@atkaincubator](https://twitter.com/atkaincubator) ![🦋](https://abs-0.twimg.com/emoji/v2/72x72/1f98b.png)
    
    [![User Avatar](https://storage.googleapis.com/papyrus_images/ddb2238ad1c0c9ce87b9497c7d5a0076e8f6c335819484965a69a42bd9225ddf.jpg)](https://twitter.com/LilicJohn)
    
    [John Lilic](https://twitter.com/LilicJohn)
    
    [@LilicJohn](https://twitter.com/LilicJohn)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/LilicJohn/status/1915235987397198052)
    
    [x.com/i/article/1915…](https://t.co/9k1cNyG11l)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 77](https://twitter.com/LilicJohn/status/1915237414010065193)[
    
    9:52 PM • Apr 23, 2025
    
    ](https://twitter.com/LilicJohn/status/1915237414010065193)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/70e2117c34a490389a5f1a17585dcaa017c37627331c5c9edd2cfa2be9ca3d17.png)](https://twitter.com/protocol_fx)
    
    [f(x) Protocol](https://twitter.com/protocol_fx)
    
    [@protocol\_fx](https://twitter.com/protocol_fx)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/protocol_fx/status/1914698658152636456)
    
    1/6  
    Introducing $fxSAVE, [@protocol\_fx](https://twitter.com/protocol_fx)'s yield bearing stablecoin powered by 100% organic revenue sources on [@MorphoLabs](https://twitter.com/MorphoLabs)  
    You can now:  
    • Lend USDC that will be borrowed against fxSAVE  
    • Use fxSAVE as collateral to borrow USDC  
    ![➡️](https://abs-0.twimg.com/emoji/v2/72x72/27a1.png) [app.morpho.org/ethereum/marke…](https://t.co/aDP1Mrm0aj)  
    Let’s dive into it ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png)
    
    ![](https://storage.googleapis.com/papyrus_images/79623a8557925b2eee65fdfdd9698ca6fb3ffeda4215ea583899b85324bf6690.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 70](https://twitter.com/protocol_fx/status/1914698658152636456)[
    
    10:11 AM • Apr 22, 2025
    
    ](https://twitter.com/protocol_fx/status/1914698658152636456)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)
    
    [Morpho 🦋](https://twitter.com/MorphoLabs)
    
    [@MorphoLabs](https://twitter.com/MorphoLabs)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1912544958357143877)
    
    Referral for curators on Morpho is powered by Fuul.
    
    [![User Avatar](https://storage.googleapis.com/papyrus_images/583d87b2aa81d3d3cd4a0892b2abe698635798d9ab049b97a4f64d8d1b43ffad.jpg)](https://twitter.com/fuul_xyz)
    
    [⚡️ Fuul](https://twitter.com/fuul_xyz)
    
    [@fuul\_xyz](https://twitter.com/fuul_xyz)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/fuul_xyz/status/1912477100952465731)
    
    Referrals are now available for Curators on [@MorphoLabs](https://twitter.com/MorphoLabs), powered by Fuul.  
      
    Learn how you can leverage Fuul to run your own referral program ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png)
    
    ![](https://storage.googleapis.com/papyrus_images/14857a76ae7b94bb0e1ae252b8f63d27a5d0b707bb7e97c12158a87c0f860727.png)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 62](https://twitter.com/MorphoLabs/status/1912544958357143877)[
    
    11:33 AM • Apr 16, 2025
    
    ](https://twitter.com/MorphoLabs/status/1912544958357143877)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/0d113b25082aa8ccde86954cf9aa9419beab809f3b15d8ad677c03aee35cb24f.png)](https://twitter.com/FalconStable)
    
    [Falcon Finance 🦅🟠](https://twitter.com/FalconStable)
    
    [@FalconStable](https://twitter.com/FalconStable)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/FalconStable/status/1910301817843622202)
    
    ![🦋](https://abs-0.twimg.com/emoji/v2/72x72/1f98b.png) $USDf and $sUSDf are now live on [@MorphoLabs](https://twitter.com/MorphoLabs)  
      
    Borrow $USDC with $USDf and $sUSDf today! ![🔥](https://abs-0.twimg.com/emoji/v2/72x72/1f525.png)  
      
    ![🤍](https://abs-0.twimg.com/emoji/v2/72x72/1f90d.png) Get started now :  
    ![1️⃣](https://abs-0.twimg.com/emoji/v2/72x72/31-20e3.png) Supply $sUSDf as collateral while earning Falcon's yield  
    ![2️⃣](https://abs-0.twimg.com/emoji/v2/72x72/32-20e3.png) Borrow $USDC  
    ![3️⃣](https://abs-0.twimg.com/emoji/v2/72x72/33-20e3.png) Mint $USDf  
    ![4️⃣](https://abs-0.twimg.com/emoji/v2/72x72/34-20e3.png) Stake $USDf for $sUSDf  
    ![5️⃣](https://abs-0.twimg.com/emoji/v2/72x72/35-20e3.png) ![🔁](https://abs-0.twimg.com/emoji/v2/72x72/1f501.png) Repeat  
      
    Start here  
    ![👉](https://abs-0.twimg.com/emoji/v2/72x72/1f449.png) sUSDf/USDC ![🔗](https://abs-0.twimg.com/emoji/v2/72x72/1f517.png)
    
    ![](https://storage.googleapis.com/papyrus_images/ca15652215ebfd22b06837e1d5fc14ecbe01e8564c62c225c413c63dd15d4210.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 100](https://twitter.com/FalconStable/status/1910301817843622202)[
    
    7:00 AM • Apr 10, 2025
    
    ](https://twitter.com/FalconStable/status/1910301817843622202)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/43cd03b0abacfed812d8ded42ce364be7662e6fbfcd86cc669d4cb5834f0dca4.jpg)](https://twitter.com/use_corn)
    
    [corn](https://twitter.com/use_corn)
    
    [@use\_corn](https://twitter.com/use_corn)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/use_corn/status/1912904285584838771)
    
    ![🟠](https://abs-0.twimg.com/emoji/v2/72x72/1f7e0.png) BTCFi lending & borrowing are now live on [@okutrade](https://twitter.com/okutrade)  
      
    Powered by ![🦋](https://abs-0.twimg.com/emoji/v2/72x72/1f98b.png) [@MorphoLabs](https://twitter.com/MorphoLabs). Curated by ![🥩](https://abs-0.twimg.com/emoji/v2/72x72/1f969.png) [@SteakhouseFi](https://twitter.com/SteakhouseFi)  
      
    Welcome to BTC-native lending -- Corn-style![🌽](https://abs-0.twimg.com/emoji/v2/72x72/1f33d.png)![📈](https://abs-0.twimg.com/emoji/v2/72x72/1f4c8.png)  
    ( Details![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png) )
    
    ![](https://pbs.twimg.com/amplify_video_thumb/1912904230375247872/img/f4bOmSlLWuQFF3W-.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 115](https://twitter.com/use_corn/status/1912904285584838771)[
    
    11:21 AM • Apr 17, 2025
    
    ](https://twitter.com/use_corn/status/1912904285584838771)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/e1071fd1a9267910625607734ec4bbd23ee088f3be11feed8f6fe6a09a4ef360.jpg)](https://twitter.com/OpenEden_X)
    
    [OpenEden](https://twitter.com/OpenEden_X)
    
    [@OpenEden\_X](https://twitter.com/OpenEden_X)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/OpenEden_X/status/1915047645925769640)
    
    OpenEden Bills | Ouroboros | Morpho  
      
    We’re proud to share new cUSDO markets on [@MorphoLabs](https://twitter.com/MorphoLabs), now live on Ethereum!  
      
    These new Morpho markets on Ethereum—created by [@OuroborosCap8](https://twitter.com/OuroborosCap8)—bring more ways to earn Bills points and yield with cUSDO.  
      
    New network, more opportunities to put
    
    ![](https://storage.googleapis.com/papyrus_images/009cd6c58d117826e3c352766d644767d54641711063f9376e6e1f1c3c300ad4.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 62](https://twitter.com/OpenEden_X/status/1915047645925769640)[
    
    9:18 AM • Apr 23, 2025
    
    ](https://twitter.com/OpenEden_X/status/1915047645925769640)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)
    
    [Morpho 🦋](https://twitter.com/MorphoLabs)
    
    [@MorphoLabs](https://twitter.com/MorphoLabs)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1908078309973352772)
    
    Powering DeFi lending on the Superchain.  
    This is only the beginning.
    
    ![](https://storage.googleapis.com/papyrus_images/b2f22dcf8caedbc2ab2dc6284d5d1626843d35a7ec8d2f176f4184db22c759a6.jpg)
    
    [![User Avatar](https://storage.googleapis.com/papyrus_images/d53a11551959dea4819561894a3cce55dd35783d6121299808fee230ca732a58.jpg)](https://twitter.com/Optimism)
    
    [Optimism](https://twitter.com/Optimism)
    
    [@Optimism](https://twitter.com/Optimism)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Optimism/status/1907849098084102425)
    
    The results are in and Optimism has allocated 2M+ OP for this month's rewards for Dev tooling and Onchain Builders.
    
    ![](https://storage.googleapis.com/papyrus_images/c915dc307ecf4027fe02bd98bdbe8fbc2148361c3747bc1a79757b198d54d598.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 55](https://twitter.com/MorphoLabs/status/1908078309973352772)[
    
    3:44 AM • Apr 4, 2025
    
    ](https://twitter.com/MorphoLabs/status/1908078309973352772)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/4809356e3d642ae74af014302177c0bb495c2d299bfc5dfe82ea966994e3c8d9.jpg)](https://twitter.com/fluidkey)
    
    [fluidkey.eth](https://twitter.com/fluidkey)
    
    [@fluidkey](https://twitter.com/fluidkey)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/fluidkey/status/1912507020315414696)
    
    Fluidkey auto-earn is now available across USDC, wETH, cbBTC, and EURC on [@base](https://twitter.com/base), powered by [@MorphoLabs](https://twitter.com/MorphoLabs) & [@gauntlet\_xyz](https://twitter.com/gauntlet_xyz)  
      
    ✔︎ start earning with 0 clicks and better privacy
    
    ![](https://storage.googleapis.com/papyrus_images/da4d8f82b9741a051bf7eea3a96e2cb9f435f83de1813362d627754b30e20c6c.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 57](https://twitter.com/fluidkey/status/1912507020315414696)[
    
    9:03 AM • Apr 16, 2025
    
    ](https://twitter.com/fluidkey/status/1912507020315414696)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/f16b230ee1618f16c666727efbeb2313f2ff51df5a212c2dbd0869ad480afed5.jpg)](https://twitter.com/blockworksres)
    
    [Blockworks Research](https://twitter.com/blockworksres)
    
    [@blockworksres](https://twitter.com/blockworksres)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/blockworksres/status/1912949876780052936)
    
    1/ New dashboard on Morpho, one of DeFi's hottest lending protocols.  
      
    Built by [@JackMandin](https://twitter.com/JackMandin), the dashboard takes a deep dive into Morpho's Lending Markets, Vaults, Financials, and their MORPHO token.  
      
    Here is a quick overview:
    
    ![](https://storage.googleapis.com/papyrus_images/d6e72aac167e83939b10d184b3ddc2ddbd4d380e048d16212a794d675eab8674.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 77](https://twitter.com/blockworksres/status/1912949876780052936)[
    
    2:22 PM • Apr 17, 2025
    
    ](https://twitter.com/blockworksres/status/1912949876780052936)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/b32687d54e656326a1a745e43dbf0bc8f2618828f505eb3851c5a09380210282.jpg)](https://twitter.com/Delphi_Digital)
    
    [Delphi Digital](https://twitter.com/Delphi_Digital)
    
    [@Delphi\_Digital](https://twitter.com/Delphi_Digital)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Delphi_Digital/status/1917596261764718827)
    
    Curation is reshaping DeFi lending, and Morpho is the infrastructure that powers it.  
      
    [@MorphoLabs](https://twitter.com/MorphoLabs) is building a permissionless framework for anyone to launch custom lending markets.  
      
    Let's take a look.  
    ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)
    
    ![](https://storage.googleapis.com/papyrus_images/2eafe63470675b9cee8b83e4b43a8f9675022e243d93d11f096f8fd63d886c3e.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 81](https://twitter.com/Delphi_Digital/status/1917596261764718827)[
    
    10:05 AM • Apr 30, 2025
    
    ](https://twitter.com/Delphi_Digital/status/1917596261764718827)

---

*Originally published on [Morpho](https://paragraph.com/@morpho/the-morpho-effect-april-2025)*
