Morpho is an open blockchain-based credit network and decentralized lending protocol that describes itself as the open credit network for the world, giving businesses access to onchain credit infrastructure, lendingvaults, markets, APIs, SDKs, governance, audits, and dashboards. Based in France, Morpho provides isolated markets and managed vaults on Ethereum, Base, and other EVM chains, with contract categories including Morpho Core, Morpho Vaults V1, Morpho Vaults V2, Public Allocator, Bundler3, and Universal-Rewards-Distributor. Morpho was founded by Paul Frambot as Cofounder and is affiliated with Morpho Association, which serves the offchain legal-entity function, as well as Morpho Labs SAS, Morpho Labs Inc., and Morpho DAO. Morpho's TwitterScore is 288 out of 1000.
Morpho had $11B+ in deposits and was used by institutional clients including Bitwise, Galaxy, and Anchorage Digital, exchanges including Coinbase, Kraken, and Binance, and crypto brands including Ledger, Trezor, and Bitpanda. On June 9, 2026, Morpho Association announced a $175M funding round co-led by Paradigm, a16z crypto, and Ribbit, with participation from Apollo Funds, Circle Ventures, VanEck, Ledger Cathay, Variant, Wintermute Ventures, Prelude, IOSG, Hashkey, Mirana, NJJ Capital, SBI Group, Bpifrance, Bam Azizi, and more than 10 other strategic partners. Morpho Association said the June 2026 financing was its fourth institutional fundraise since 2021 and that previous backers included a16z crypto, Ribbit, Coinbase Ventures, Variant, Pantera Capital, and Nascent.
Coinbase crypto-backed loans were powered by Morpho and used the cbBTC/USDC market on Morpho Markets; by the January 2025 update, the integration had facilitated $2.5M in USDC loans with close to $5M in cbBTC collateral. In January 2025, Morpho said its core contracts had been deployed on Polygon POS, World Chain, Ink, Arbitrum, Scroll, Fraxtal, and OP Mainnet as infrastructure-only deployments. In April 2025, Morpho said Coinbase crypto-backed loans powered by Morpho had reached $130M+ in active loans and $270M+ in collateral. In April 2025, Morpho said Trust Wallet and Ledger integrated Morpho for stablecoin earn features and that Morpho was Trust Wallet's default Earn engine and powered Ledger Live's Earn section. In April 2025, Morpho said it powered a looping strategy for Apollo's Apollo Diversified Credit Securitize Fund (ACRED), tokenized by Securitize, operated by Gauntlet, and deployed on Polygon. In April 2025, Morpho said it powered World DeFi, with the World Coin Foundation providing $5M in incentives to jumpstart growth, and that 25M+ humans could access crypto-backed loans and onchain yield through World App. On April 15, 2026, Morpho said Fireblocks Earn gave institutional users access to Morpho Vaults directly from within Fireblocks and that Fireblocks served 2,400+ enterprise customers.
Smart Followers
The accounts that follow Morpho include 952 founders, 239 angel investors, 669 influencers and 66 VCs, among them Laura Shin, Ansem, Stani, Udi BIP-110, Luca Netz and Base. Morpho is mentioned by 430 accounts across 1,034 mentions and has published 6,296 posts. Morpho ranks #1,309 on TwitterScore out of 364,257 accounts.