The Morpho lending market on Arbitrum reached $115 million in total value locked (TVL) for Global Dollar (USDG) lending just 18 days after its launch. This figure reflects the lending activity on Morpho, not the total USDG circulation across networks. Users can both lend and borrow USDG through this platform. The USDG token was introduced on Arbitrum One by Paxos on October 6, with Morpho providing lending services from the start. Previously, the market's TVL was $44 million, showing rapid growth in lending demand.
The Global Dollar (USDG) lending market on Morpho reached a total value locked (TVL) of $115 million within 18 days of launch, indicating rapid growth in lending demand. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 27, 2026 04:01 WIB: out of 50 major cryptocurrencies, 16 rose and 32 fell today. Notable movers include DOT (Polkadot) at Rp18.137 with a 27% Sell / 73% Buy order activity and a typical hold time of 122 days, FTM (Fantom) at Rp11.382 with a typical hold time of 88 days, and LUNC (Terra Classic) at Rp0,8 with a 49% Sell / 51% Buy order activity and a typical hold time of 196 days.
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