Morpho V1

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Morpho V1 is published as a versioned release inside the Morpho protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Morpho V1 ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Jan 14, 2024
   Auf DeFiLlama gelistet

Morpho V1 is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed across 33 chains, including Ethereum, Base, Hyperliquid L1, Monad and 29 other chains. The codebase has been independently audited (1 report on file).

Morpho V1 runs a multi-chain deployment, with smart contracts live on 33 networks. TVL is comparatively balanced across networks: even the largest deployment (borrowed) holds only 27% of the protocol's value. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for Morpho V1 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Morpho V1 is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, JustLend, Maple, and 3 more. These peer protocols collectively secure 37,7 Mrd. $ in deposits, giving you a frame of reference for whether Morpho V1's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 Mrd. $ · 24h +0.16%

JustLend

TVL 3,4 Mrd. $ · 24h +1.86%

Maple

TVL 2,4 Mrd. $ · 24h -1.17%

SparkLend

TVL 2,2 Mrd. $ · 24h +3.62%

Kamino Lend

TVL 2,1 Mrd. $ · 24h -0.02%

Compound V3

TVL 1,4 Mrd. $ · 24h -0.37%