Morpho's price surged 17.8% driven by increased interest in decentralized finance (DeFi) assets and growing trading volume. Despite this rally, bearish sentiment dominated among Binance's top traders, with short positions exceeding long ones at 56.55%. Selling pressure remained strong in both spot and futures markets, yet buyers pushed prices up to a resistance level near $2.929 before facing rejection. Holding above the $2.304 support is crucial for sustaining the breakout and potentially challenging the resistance again, while failure could lead to a price pullback amid overbought conditions.
A 3% drop in the PT-reUSD token caused about $36.4 million in liquidations on the decentralized lending platform Morpho. This decline was triggered by a large trade in the yield token YT-reUSD, which pushed yields up before the position was exited, c...
Cryptocurrency prices are fluctuating with Bitcoin trading around $77,566, up by 0.98%. Ethereum and Binance Coin also saw modest gains, while some altcoins like Morpho and MNT experienced significant increases of over 10%. This mixed performance ref...
Pendle's USDC vault on the Morpho lending protocol has attracted $50 million from 230 depositors in just about ten days since its launch on August 4, 2026. The vault, curated by Wintermute's Armitage arm, offers depositors a mix of base yield and PEN...
Morpho surged 20.10% to $2.75, topping the gainers chart after recent platform upgrades boosted interest in its decentralized lending solutions. Its market cap reached $1.81 billion. Other notable gainers include Pudgy Penguins, Lighter, Aave, and NE...
