Morpho price
in USD$1.939
-- (--)
USD
Market cap
$1.02B #55
Circulating supply
522.67M / 1B
All-time high
$5.052
24h volume
$466.89M
Rating
3.8 / 5


About Morpho
MORPHO is a cryptocurrency designed to optimize decentralized lending and borrowing in the DeFi ecosystem. By integrating directly with leading protocols like Aave and Compound, MORPHO enhances user experience by offering more competitive interest rates and seamless access to liquidity. It acts as a bridge between peer-to-peer and pool-based lending, ensuring higher efficiency and better returns for participants. This coin is particularly relevant for users seeking to maximize their yield while minimizing risk through curated vaults and smart contracts. MORPHO empowers investors and institutions to leverage DeFi opportunities safely and effectively, making it an essential asset for anyone exploring decentralized finance.
AI insights
Morpho’s price performance
Past year
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3 months
-5.97%
$2.06
30 days
-8.24%
$2.11
7 days
-2.12%
$1.98
Morpho in the news
The Ethereum Foundation disclosed on Wednesday that it had deposited 2,400 ETH and approximately $6...
The bank’s regulated stablecoins EURCV and USDCV will be used in DeFi lending and trading.
Morpho on socials

Katana: Understanding a Layer 2 Blockchain Specialized in DeFi
@katana is a DeFi-focused Layer 2 blockchain launched in June 2025, aimed at concentrating liquidity distributed across multiple protocols into a few core applications to enhance efficiency. It recorded a total value locked (TVL) of $558 million from the outset and reduces the time users' assets remain inactive while generating continuous interest income through its automatic yield generation feature, VaultBridge, and Chain-Owned Liquidity (CoL). The KAT token is locked until February 2026, and while the network is growing rapidly, attention must be paid to security and token unlock risks as a new chain.
The main issue Katana aims to address is the 'liquidity fragmentation' in DeFi. The current DeFi environment sees funds spread across numerous chains and protocols, leading to high slippage, inefficient fees, and low yields during transactions. Katana is designed to alleviate these problems by concentrating liquidity on several key protocols (Sushi, Morpho, Vertex) to enhance trading efficiency, allowing users to obtain better prices and yields. This is based on a Layer 2 structure that maintains Ethereum's security while increasing transaction speed, focusing solely on DeFi without games or social applications.
VaultBridge is one of Katana's core features, allowing users to bridge assets from Ethereum to Katana, where the assets are not just transferred but also automatically deposited into secure interest strategies on Ethereum (e.g., Morpho lending vaults) to generate income. Users receive a 1:1 ratio of alternative tokens on the Katana chain to utilize in DeFi activities. Another key structure, Chain-Owned Liquidity (CoL), accumulates all transaction fees and protocol revenues in the chain's own liquidity pool, enhancing market stability across the network.
From a user perspective, Katana's biggest advantages are low transaction fees and a simplified user experience. Transaction fees that exceed $10 on the Ethereum mainnet are around $0.01 to $0.05 on Katana, with slippage below 0.1%. Most DeFi activities can be conducted using just three main apps: Sushi, Morpho, and Vertex, eliminating the need to switch between multiple apps for liquidity exploration. Additionally, the structure that generates income immediately upon bridging assets is more efficient than traditional passive deposit methods.
As of October 2025, key metrics show a TVL of $558 million, representing approximately a 43-fold growth since launch, with 77 daily active users and around 23,000 daily transactions. The average daily trading volume is recorded at $39 million, with the ecosystem built around Sushi, Morpho, and Vertex. Infrastructure partners include Chainlink and The Graph, while Yearn, Agora, and Jito participate as revenue partners. The number of registered users has surpassed 89,000, with a total of 1 billion KAT tokens allocated for rewards.
However, there are also risk factors as a new chain. Currently, a single sequencer controls the transaction order, and the proposer holds withdrawal rights, resulting in a low level of decentralization. The complex structure combining OP stack, ZK proofs, and AggLayer may also lead to security vulnerabilities. Furthermore, the current processing level of 47,000 daily transactions is still unverified compared to existing large Layer 2 solutions like Arbitrum. The scheduled unlock of 6.5 billion tokens in February 2026 may significantly increase market volatility, and the distribution of tokens is also concentrated in the foundation.
To mitigate these risks, new users are advised to test with small amounts (e.g., under $500) initially, utilize hardware wallets, and periodically check security-related data on platforms like L2BEAT. It is recommended to approach the market after the price stabilizes post-token unlock and to allocate no more than 20% of the overall DeFi portfolio to Katana. Additionally, during periods of high volatility, it is safer to prioritize stablecoin-based pools.
Overall, Katana is evaluated as an innovative attempt to structurally solve the liquidity fragmentation issue in DeFi. It has shown high growth rates in a short period and is establishing itself as a DeFi-focused Layer 2, but as it is still in the early stages, careful observation of security, scalability, and market reactions post-token unlock is necessary. The design centered on real yields supports long-term sustainability, but the concentration of liquidity in a few applications could be a double-edged sword. Beginners should gradually participate after fully understanding the chain's maturity and risk factors.


Hamilton Lane's Tokenized SCOPE Fund launched on Sei, @MorphoLabs brought enterprise lending infrastructure to Sei, and @YeiFinance—Sei's largest DeFi protocol—completed its TGE.
From institutional-grade private credit to battle-tested DeFi primitives, Sei continues to solidify its position as the preferred settlement layer for digital asset markets.
Here's what happened this week👇
🔴 Hamilton Lane's Tokenized SCOPE Fund Launched on Sei via @KAIO_xyz:
🔴 @MorphoLabs brought their universal lending network to Sei with $250k in additional rewards:
🔴 Congrats to @YeiFinance on their successful TGE:
🔴 @dragonswap_dex unveiled DragonSwap V2 with $250k in staking rewards:
🔴 @rubiconstaking brings their liquid staking infrastructure to Sei:
🔴 @fiamma_labs launched its Bitcoin bridge on Sei with @TakaraLend and Gauntlet integration:
🔴 @fluxaexchange launched on Sei, optimizing trading routes across the DeFi ecosystem:
🔴 @moralisdevs integrated Sei Network into its Web3 API suite:
🔴 @playveilcraft, a rogue-like TCG on Sei, opened early access:
🔴 Markets Move Faster on Sei. ($/acc)
Guides
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Predict Morpho’s prices
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View Morpho’s price history
Track your Morpho’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

Morpho on OKX Learn
Morpho Sei Network: Unlocking Institutional Blockchain Adoption and Tokenized Asset Innovation
Introduction to Morpho Sei Network The Morpho Sei Network is revolutionizing the blockchain ecosystem by driving institutional adoption and enabling tokenized real-world assets (RWAs). With its high-p
Morpho Vaults Ethereum: Unlocking Next-Gen DeFi Features with V2 Upgrades
What Are Morpho Vaults Ethereum? Morpho Vaults Ethereum is a next-generation decentralized finance (DeFi) solution designed to optimize yield for both lenders and borrowers. Built on the Ethereum bloc
Morpho Token Lending: Unlocking DeFi Potential with $10 Billion Milestone
Introduction to Morpho Token Lending Morpho Token Lending is redefining decentralized finance (DeFi) with its innovative approach to lending and borrowing. As a protocol that has achieved significant
Morpho DeFi: How Coinbase’s Partnership is Revolutionizing Bitcoin-Backed Loans
Introduction to Morpho DeFi and Bitcoin-Backed Loans The decentralized finance (DeFi) ecosystem is rapidly evolving, introducing innovative solutions for crypto enthusiasts and investors. Among these
Morpho FAQ
Currently, one Morpho is worth $1.939. For answers and insight into Morpho's price action, you're in the right place. Explore the latest Morpho charts and trade responsibly with OKX.
Cryptocurrencies, such as Morpho, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Morpho have been created as well.
Check out our Morpho price prediction page to forecast future prices and determine your price targets.
Dive deeper into Morpho
Morpho is a decentralised protocol on Ethereum enabling the overcollateralised lending and borrowing of crypto assets (ERC20 and ERC4626 tokens) on the Ethereum Virtual Machine (EVM).
Disclaimer
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$1.02B #55
Circulating supply
522.67M / 1B
All-time high
$5.052
24h volume
$466.89M
Rating
3.8 / 5

