#morpho $MORPHO

MORPHO is the governance token of the decentralized-finance protocol Morpho, a non-custodial lending/borrowing platform on networks like Ethereum and Base. The platform uses a peer-to-peer matching mechanism between lenders and borrowers to boost capital efficiency and optimize interest rates. The MORPHO token gives holders governance rights via the Morpho DAO and is capped at a max supply of 1 billion tokens. As of now, it trades around US$1.90–2.00, with a circulating supply in the hundreds of millions.

If you like, I can pull up a longer, detailed breakdown of the protocol, tokenomics, risks & outlook for MORPHO.