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The traditional lending pool is like a “crowded public reservoir,” with idle capital rates often exceeding 20%; MORPHO's P2P mechanism is a “precise water delivery pipeline”—directly matching lending needs through smart contracts, allowing borrowers to enjoy low interest rates of 4-5% (saving 25-30%), while lenders receive 5-6% APY, with zero fees for usage. This disruptive innovation has allowed it to quickly break out from a competitive track.
From financing to ecosystem, building barriers step by step: Seed round starting at 1.35M in 2021, 50M strategic round led by Ribbit Capital in 2024, totaling 69.35M in financing far exceeding Compound (33M) and Euler ($40M); a16z provides technical guidance to optimize matching algorithms, Coinbase Ventures assists with compliance layout, and Pantera Capital imparts full-cycle investment experience, top-tier resources accelerating ecosystem maturity.