Morpho Labs
Yield-Bearing
Permissionless Lending Infrastructure: Customizable Yield for All, Flexible Building Blocks for Developers
Founders
Paul Frambot (Co-founder & CEO)
Mathis Gontier Delaunay (Co-founder & Head of Research)
Merlin Egalite (Co-founder)
Julien Thomas (Co-founder & Lead Developer)
Launch Date
2021
Key Investors
Ribbit Capital
Andreessen Horowitz
Coinbase Ventures
Variant
Pantera
and more
About
Morpho is a leading permissionless DeFi lending platform operating on two levels: for users, it offers tailored solutions to earn yield and borrow assets with customizable risk profiles; for developers, it provides flexible infrastructure to build custom lending applications. With over $6B in supplied assets and $2B in active loans, Morpho has become one of the most utilized DeFi protocols globally. Backed by $70M in funding from major investors, it aims to transform financial infrastructure into a public good beyond crypto.
25+
audits to date
$2.5M
bug bounty program
Use Cases
- DeFi Yield Optimization - Individual investors deposit assets into Morpho's optimized vaults to earn higher yields than traditional lending platforms while maintaining non-custodial security.
- Collateralized Borrowing - Users leverage existing crypto holdings as collateral to borrow assets with higher collateralization factors and zero fees, enabling liquidity without selling positions.
- Vault Curation Business - Businesses create and manage custom lending vaults on Morpho, earning fees by optimizing yield strategies while leveraging Morpho's security infrastructure.
- DeFi Application Development - Developers build custom lending/borrowing applications on Morpho's infrastructure, saving development costs while maintaining ownership and flexibility.
Key Features in DeFi Lending
- Morpho operates as a permissionless and non-custodial lending protocol on Ethereum and Base
- It offers vaults that continuously optimize allocations for earning interest
- Users can borrow assets at low costs with higher collateralization factors and zero fees
- Morpho enables users to curate and earn fees by optimizing yield, risk, and liquidity
- The platform provides a secure and immutable infrastructure for lending and borrowing
Web3 Integration and Security
- Morpho is built on Ethereum and Base, showcasing its deep integration with blockchain technology
- The platform allows developers to create custom lending solutions using the Morpho Stack
- Users can participate in Morpho's governance through discussion, voting, and delegation
- Morpho employs industry-leading security practices, including numerous security audits
- It offers a bug bounty program with a substantial reward for identifying vulnerabilities
Trusted by
Ethena, Angle, Ether.fi, Origami, B Protocol, Centrifuge, Sky, Binance, Spark, Moonwell, Gauntlet, Index, Instadapp, Ledger, Lido, Maker, Mev Capital, Midas, Origin, Re7, Definitive, Renzo, Frax, Reserve, Safe, Steakhouse Financial, Coinbase, Summer.fi, Superform, SwissBorg, Usual, Defi Saver
