Morpho, a DeFi lending protocol, has reached $2.14 billion in deposits of tokenized real-world assets (RWA), with institutions borrowing $894 million against these deposits, resulting in a 42% utilization rate. This high utilization highlights the productive use of RWAs, primarily to enhance low-risk yield strategies like purchasing tokenized U.S. Treasury bonds. Morpho's CEO sees this as a new phase of asset tokenization, moving from merely holding assets to unlocking financing and building global credit markets on-chain. Morpho leads the DeFi space in RWA utility, significantly outperforming competitors like Aave and Kamino Lend, although the protocol currently generates no revenue as fees are turned off to attract users. Future value for Morpho's native token depends on market sentiment and potential fee activation with token buybacks.
Following Morpho's milestone in tokenized real-world assets, its native token trades at Rp40.071 on Pluang as of Oct 29, 2026 15:21 WIB, showing a slight 0.45% decrease in the past day. The market cap stands at Rp20,99 trillion with a 24-hour trading volume of Rp312,88 million. On Pluang, 62% of order activity is buying, reflecting ongoing investor interest despite the recent price dip.
Morpho Blue holds $7.5 billion in supplied stablecoins, close to Aave V3's $7.9 billion, together controlling 67.7% of stablecoin deposits across 41 DeFi platforms. Morpho's isolated market design and integration with Coinbase's Base network have dri...
Morpho's token price fell about 20% over the past month, trading at $2.20, just above its 200-day moving average of $2.12, which has acted as strong support since July. Despite the recent decline, the long-term trend remains intact as the price has n...
On October 27, Bitway (BTW) surged 34.97% to $1.54, topping the 24-hour performance among the 90 largest cryptocurrencies excluding stablecoins. Despite this gain, the broader market saw more declines than advances, with 55 cryptocurrencies falling a...
The total cryptocurrency market capitalization fell by 2.51% to $2.71 trillion on Oct. 27 despite Bitcoin and four of five major tokens posting gains. Bitcoin traded slightly up at $80,306, making up 59.4% of the market cap, while Ether and XRP also ...
Bitso introduced Bóvedas, enabling users to earn yield on USDC and MXNB via Morpho-curated vaults, opening Morpho's lending markets to millions. This collaboration triggered an 8.6% rally in Morpho's price despite Bitcoin and Ethereum falling about 0...
