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Gate Square New & Returning Creator Rewards are ongoing!
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The native Token MORPHO of the Morpho protocol has surged over 30%, reaching a new all-time high, due to significant gains in Cryptocurrency on New Year's Eve.
Morpho Token reached a high of $3.61 during intraday trading, hitting a new all-time high with a surge in trading volume of 153%. Over the past 24 hours, the trading volume has reached $144.7 million. The price of MORPHO has surged over 160% in the past month.
The yield of the decentralized financial protocol locks the total value of Morpho at $52.6 billion.
As the protocol expands to the Ethereum Layer 2 network ecosystem, its TVL, daily fees, and monthly active users skyrocket.