Morpho's April user data reached a new high, and Coinbase's encryption lending scale exceeded $130 million.

DeepFlowTech
MORPHO9,73%
TRUST-3,57%
RWA2,26%

According to a report from Morpho on May 5, in collaboration with Coinbase, the active loan scale of its cryptocurrency lending business has exceeded 130 million dollars, and the scale of collateral has surpassed 270 million dollars. In addition, the world’s largest non-custodial software wallet Trust Wallet and hardware wallet Ledger have made Morpho their default yield option.

Apollo’s ACRED leveraged real-world asset (RWA) strategy is now live on Morpho, marking the first use of private credit funds in on-chain structured products to enhance yields. At the same time, World App has integrated Morpho, allowing its 25 million users to access lending services. On the Base chain, over 45% of cbBTC is stored in the Morpho protocol as collateral and lending assets.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments