Morpho Blue is like the 'Lego bricks' of DeFi. It not only provides a core lending layer but also supports developers in adding risk management modules, such as insurance, analytical tools, and even customized vaults. This flexibility attracts a variety of users, from individual players to institutions. In 2025, Morpho even partnered with Coinbase, allowing regular users to easily use BTC as collateral to borrow USDC; DeFi has never been this simple!

As of October 2025, Morpho's total value locked (TVL) exceeded $6 billion, becoming the second largest DeFi lending protocol, only behind Aave. Behind this is powerful technical support: immutable protocol code, a $2.5 million bug bounty program, and risk analysis provided by top teams like Gauntlet.

Morpho serves not only on-chain players but also targets traditional finance (TradFi). By supporting real-world assets (RWA) and fixed-rate loans, Morpho is building a bridge between DeFi and the real world. The Morpho V2 launched in June 2025 introduced multi-asset collateral and fixed-term loans, and institutional users are calling it 'incredible'!

@Morpho Labs 🦋 $MORPHO #Morph o cointag