Morpho (MORPHO) is a DeFi lending‑protocol token powering peer‑to‑peer lending markets across Ethereum and other EVM chains.
The price trades around ~$1.20 USD, down more than 70 % from its all‑time high (~$4.17) as DeFi sentiment remains mixed.
Recent price action shows modest swings with occasional short‑term gains, but overall trend has struggled against broader crypto sell‑offs and weak yields.
Market cap is in the hundreds of millions, with TVL expansion and integrations (e.g., Coinbase) supporting ecosystem growth.
Technical indicators remain cautious, with RSI often oversold, meaning potential bounces may be possible but require stronger market demand.
@Morpho Labs 🦋 $MORPHO #MorphoLabs
MORPHO
1.117
-7.99%