What is the current price of Morpho (MORPHO)?

The current price of Morpho (MORPHO) is 1.7240192101021543 AUD, representing a -1.60 from the day prior.

Can I buy Morpho (MORPHO) on Coinstash?

Yes - you can easily buy and sell Morpho (MORPHO) on Coinstash. Simply login or sign up, to start buying Morpho (MORPHO) in minutes.

Where is the best place to buy Morpho (MORPHO) in Australia?

The best place to buy Morpho (MORPHO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Morpho (MORPHO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Morpho (MORPHO)?

The trading volume of Morpho (MORPHO) is 12.0M AUD in the last 24hrs, representing a -1.60 from the day prior.

How can I buy Morpho (MORPHO)?

Morpho (MORPHO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Morpho (MORPHO)?

The current market cap of Morpho (MORPHO) is 937.8M AUD.

Can I convert Morpho (MORPHO) to cash?

Yes - With Coinstash you can convert your Morpho (MORPHO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Morpho (MORPHO) are there?

The current circulating supply of Morpho (MORPHO) is 541.7M.

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Buy Morpho

What is Morpho?

Morpho (MORPHO) is the governance token of Morpho, a decentralised lending protocol built on Ethereum and Layer 2 networks like Base. The protocol enables permissionless, overcollateralised lending markets through isolated pairs and yield-optimising vaults. MORPHO allows holders to govern the Morpho DAO, vote on risk parameters and upgrades, and earn revenue through staking. The protocol is focused on providing efficient, secure, and composable lending infrastructure for DeFi, fintech, and institutional use cases.

How does Morpho work?

Morpho operates through a system of immutable smart contracts on EVM chains:

Architecture:
- Markets: Isolated lending/borrowing pairs with fixed parameters like collateral types, interest rate models (IRMs), and oracles.
- Vaults: Yield-optimising structures that allocate capital across multiple markets based on curation and governance decisions.
Blockchain: Deployed on Ethereum and compatible L2s (e.g. Base), using the underlying Proof of Stake consensus.
Governance:
- Controlled by MORPHO token holders via DAO voting.
- Decisions include protocol parameters, vault strategies, and market listings.

Key mechanisms:

Loan-to-value checks (LLTV) ensure overcollateralisation.
Interest accrual is dynamically calculated using advanced IRMs.
Liquidation mechanics and vault safety margins protect against defaults.

Morpho smart contracts are formally verified, audited over 25 times, and designed for composability and security.

What are the potential use cases for Morpho?

Morpho supports a variety of DeFi and embedded finance use cases:

Direct lending and borrowing: Permissionless creation of lending markets (e.g. wstETH/USDC).
Yield vaults: Automated strategies for earning optimised yield across curated assets.
Embedded lending products: Fintechs and exchanges can offer branded lending tools using Morpho infrastructure.

Relevant sectors include:

Decentralised lending: Competes with platforms like Aave and Compound by offering more efficient, isolated risk markets.
Institutional DeFi: Used for on-chain money management by regulated entities.
Fintech integrations: Enables embedded loan products like Coinbase’s BTC-backed USDC loans.

Notable integrations and partnerships:

Coinbase, Crypto.com, Societe Generale, Ledger, Trust Wallet
Deployed across networks including Base, Unichain, Katana, World Chain, and Plume

What is the history of Morpho?

Morpho was developed by Morpho Labs as a next-generation lending primitive to address inefficiencies in existing DeFi protocols like Aave. The protocol launched in 2022 with a focus on immutable design and permissionless market creation.

Key milestones:

$12B+ in total deposits, making it the second-largest DeFi lending platform.
25+ audits and formal verification of core contracts.
Launch of MORPHO token to govern DAO decisions and revenue flows.
Expansion to 20+ EVM-compatible chains with institutional adoption.

Technological evolution:

Progressed from simple Aave optimisation to a standalone lending ecosystem featuring Vaults V1/V2.
Maintains immutable core contracts while expanding governance and vault curation capabilities.

Morpho continues to grow as a decentralised finance infrastructure layer, with MORPHO tokens at the heart of its governance, security, and integration across both crypto-native and traditional financial platforms.