On-chain Data Perspective: The Growth Code of the Morpho Protocol
Little pig flying in the sky takes you to interpret the real performance of @morpholabs with data!
In the DeFi world, on-chain data does not lie. Let us reveal the true driving force behind the rapid growth of the Morpho protocol through in-depth data analysis.
TVL growth trajectory: steady capital attraction
In the past 60 days, the TVL of the Morpho protocol has steadily climbed from $7.12 billion to $7.79 billion, a net increase of 9.5%. Although it experienced market fluctuations on September 26 (dropping to a low of $6.88 billion), its strong rebound ability demonstrates the protocol's resilience.
Comparing the performance of other mainstream lending protocols: