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USDG lending on Morpho hits $143M TVL on Arbitrum less than a month after launch

Protocol Fundamentals
03 Nov 2026, 20:42 WIB
Tokenpost
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Bullish
USDG lending on Morpho hits $143M TVL on Arbitrum less than a month after launch

Global Dollar (USDG) lending on the Morpho protocol reached $143 million in total value locked (TVL) on Arbitrum as of November 2, less than a month after its October 6 launch. TVL measures the value held in Morpho's lending vaults but does not reflect total USDG circulation or borrowing amounts. Morpho supplies USDG to lending markets where users can lend or borrow the stablecoin. The launch included over $10 million in incentives through Arbitrum's DeFi Renaissance Incentive Program, helping to boost early adoption.

Arbitrum's Global Dollar lending on Morpho reached $143 million in TVL as of November 2. For readers following the broader crypto market, here is Pluang's snapshot as of Nov 04, 2026 01:03 WIB: out of 50 major cryptocurrencies, 37 rose and 12 fell today. Notable movers include CRV at Rp4.747 with a 1-day change of -3.28% and a Pluang order activity of 63% Sell / 37% Buy, ALGO at Rp1.702 with +2.78% change and 66% Sell / 34% Buy, and BAT at Rp2.295 with -2.41% change and 78% Sell / 22% Buy. The most notable figure is ALGO's typical hold time on Pluang of 131 days.

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