Merlin Egalite | Morpho đź’™
Merlin Egalite | Morpho đź’™
BTC-USDT
BTC+1.90%
MORPHO-USDT
MORPHO+9.33%
USDC-USDT
USDC-0.01%
Morpho is a public financial infrastructure, and below are interesting use cases powered by on Morpho👇
@coinbase, one of the leading CEXs, is now offering 1-click crypto-backed loans powered by Morpho and built on @base to their users. There's now $180m of active loans collateralized by $400m worth of BTC.
Coinbase 🛡️
Coinbase 🛡️
Bitcoin-backed loans are here. Borrow USDC against bitcoin, without selling it. Rolling out to US users (ex. NY) starting now. More collateral assets and regions to come. Powered by @MorphoLabs and built on @Base. The future of finance is onchain. Learn more:
@MoonwellDeFi, a lending protocol on @base, and a fork of Compound v2 at the start, switched part of their stack to Morpho. They have now ~80m of deposits, offering one of the best UX in DeFi + a card whose USDC can be either deposited or borrowed from Moonwell. Everything abstracted.
Moonwell
Moonwell
🌜💳🌛 Introducing Moonwell Card — Leveraging what's yours has never been easier! Shop, dine, and travel globally while keeping your assets onchain. Accepted at 44+ million merchants worldwide, Moonwell Card makes spending your crypto effortless.
@compoundfinance, one of the OGest protocols in the lending space, is now owning Morpho Vaults on @0xPolygon, curated by @gauntlet_xyz, offering a new source of revenue for the DAO. It's already the 2nd lending protocol with $160m of total deposits.
Polygon
Polygon
POL and COMP borrow-side incentives are live! Compound vaults ➡️ powered by Morpho ➡️ curated by Gauntlet ➡️ deployed on Polygon
@indexcoop has migrated their infra to a @gauntlet_xyz curated Morpho vault. Why migrating? Letting Index Coop answer 👇
Gallery 1
Index Coop 🦉
Index Coop 🦉
We're Upgrading hyETH with @Gauntlet_xyz & @MorphoLabs Same methodology targeting high ETH yields, new flexible infra - Significantly reduced issuances costs - Boosted yields via compounded rewards - No action required for hyETH holders Learn why we're migrating ⤵️
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@levelusd is expanding its reserve allocation to Morpho to diversify risk. Especially since they can select which market they want to be exposed to, thanks to Morpho vaults' design.
Level 🆙
Level 🆙
Expanding reserve allocation into @MorphoLabs prime vaults is part of a broader strategy to diversify slvlUSD yield, without straying from what matters most: ◆ Transparency. ◆ Sustainability. ◆ Low risk profile. Level 🆙
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