The #morpho protocol has been exploding since January !

Did you know that $MORPHO, the DeFI protocol enabling lending of USD #Stablecoins against BTC or ETH as collateral has signed with CoinBase in Juanary 2025 and since then has seen its lending volume explode.

In this report by VISA issued in October 2025, you can see the amout of Lendings, totaling around 1.9 billion oustanding, that Morpho has totaled.

The Morpho token is yet to follow this trend by has already gone up in the last months and weeks.

Bonus : Morpho, as you can see in the graph below from the VISA report, is mainly used to borrow USDC (more than 90%).

@Morpho Labs 🦋