A digest of the latest news in the Morpho Ecosystem
TLDR:
🔹 The refreshed Morpho App: easier to use, more resilient, and soon to host a range of new features
🔹 Released Pre-liquidation contract that enables enhanced loan management tools
🔹 Morpho multichain expansion continues (Batch 2 includes Unichain, Sonic, Corn, Mode and Hemi)
🔹 Morpho is now the largest lending protocol on Base by TVL and active loans
🔹 Ecosystem updates from Moonwell, Farcaster, Seamless and more
Rebuilt from the ground up for a simpler and smoother experience.
It comes with a completely new backend architecture that provides more resilient, responsive, and scalable access to Morpho.
Under the hood, architecture improvements of the new Morpho App allows new features to ship at a much faster pace.
Additionally, Rewards are now available for claim every Monday, with a fully automated backend.
Pre-Liquidation allows anyone to build borrower-friendly liquidation mechanisms that borrowers can opt-into.
An open-source smart contract factory that enables applications built on Morpho to offer borrowers opt-in loan management features, such as auto deleverage and auto close.
Pre-Liquidations extend what's possible on Morpho, giving integrators the tools to build user-friendly loan management features directly into their apps.
For a deeper dive, check out the full announcement here.
Morpho contracts are now deployed on Unichain, Mode, Corn, Hemi and Sonic, extending Morpho non-core support to 12 EVM chains.
Although these deployments are infrastructure-only, independent contributors such as Moonwell, GFX Labs and Paperclip Labs are pursuing grants independently to deploy front-ends of Morpho on these chains.
Morpho contracts are now deployed on @unichain, @modenetwork @hemi_xyz, @use_corn and @SonicLabs.
Onchain Kit from Base announced Earn, enabling app developers to integrate any Morpho Vault via pre-made code snippets.
The sleekest way to integrate yield into your app.
Deposit, withdraw, and earn yield on USDC and other tokens — all in one.
Start now: onchainkit.xyz/earn/earn
Integrating Morpho Vaults can now be done in minutes, bringing the benefit of onchain yield to millions via viral apps built on Base.
Despite unfavorable market conditions, Morpho has cemented its position as the largest lending protocol on Base by TVL, and active loans.
Morpho remains the second largest lending protocol on Ethereum.
USDC Supply across Ethereum and Base have stabilized over the past month with overall volume topping over 1 billion.
The cbBTC/USDC market on Based Morpho grew by 50M benefiting from the increasing demand coming from Coinbase cbBTC-backed loans.
Cumulated Morpho Vault fees for curators are now over $3M
Total vault fees generated on Base for curators are now over $250K
Introducing Moonwell Virtual Accounts
Open a virtual U.S. checking account from anywhere, convert payments to USDC, and start saving in the Moonwell Flagship USDC Vault on @Base.
With Moonwell Virtual Accounts, borders vanish, and global opportunities emerge.
- Seamless Vaults on @MorphoLabs have grown to over $50M in TVL this past month! cc @gauntlet_xyz
Put your bags to work and earn yield and rewards on your USDC, WETH, and cbBTC.
Cant stop wont stop.
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