Morpho Surges Amid Crypto Market Turbulence

Hang onto your hats, crypto fans! Morpho is making waves, trading near $1.39 and up 2.4% today. Bulls are holding strong at a critical price point, showing no signs of backing down. With Morpho's total value locked on Base nearing a whopping $2 billion, it's clear this crypto is on fire!

Morpho (MORPHO) isn't just playing around in the decentralized finance world—it's taking over! This beast reached dizzying heights of $4.17 back in January, but then the crypto rollercoaster took a nosedive, hitting lows of $0.85 in April. Ouch!

But wait, there's more! Since hitting rock bottom at $0.71 in November 2024, MORPHO has bounced back a staggering 93%. Sure, they hit a wall around $1.66 in May, and dipped to $1.37, but guess what? MORPHO is up 7% in the last week and a jaw-dropping 30% in the past three months. Talk about resilience!

Morpho TVL on Base

Even with the pressure, Morpho's on-chain lending platform is exploding with growth. Their total value locked metric has skyrocketed from a measly $2.6 billion in April to a mind-blowing $4.55 billion. Boom!

While Ethereum's still the big dog, the surge on the layer-2 chain Base is off the charts. Morpho TVL on Base has blasted off to over $1.8 billion, up from a pathetic $628 million in April 2025 and a measly $60 million in July 2024. Holy cow!

Token Terminal, the crypto fundamentals tracking platform, couldn't help but shout about this TVL explosion on X. They're saying Morpho's TVL on Base is zooming towards the $2 billion mark. Buckle up!

💵🐸 Ribbit Capital led Morpho Labs's $50M strategic round in 2024.

Fast forward one year, and Morpho's got close to $2B in TVL on Base. Talk about a comeback!

This TVL explosion comes hot on the heels of Morpho raising $50 million in a strategic round led by Ribbit Capital in 2024. And in June? Morpho on Base flipped Aave on Arbitrum, becoming the biggest lending protocol by TVL on an Ethereum L2. Take that!

Meanwhile, Coinbase's crypto-backed loans are no slouch either, with over $500 million USDC in originated loans and collaterals surpassing $860 million. Cha-ching!

Morpho's not just resting on its laurels, though. They've unveiled V2 of their intent-based lending platform and web3SOC, an enterprise-grade standard for decentralized finance. Plus, the Morpho app now supports two new chains, Unichain and Katana. These guys are on a roll!