#morpho $MORPHO
The Infrastructure Powering DeFi Lending: Morpho ($MORPHO)
Morpho is a decentralized, non-custodial lending protocol acting as a foundational layer for efficient crypto loans. Built on Ethereum and other EVM chains, it introduces a peer-to-peer layer atop existing liquidity pools (like Aave or Compound).
This design matches lenders and borrowers directly, reducing the spread between rates and significantly boosting capital efficiency. If a direct match isn't found, it seamlessly falls back to the pooled liquidity.
The native $MORPHO token governs the protocol, allowing holders to vote on upgrades and incentive structures. With features like isolated markets and yield-optimizing MetaMorpho Vaults, the project is positioning itself as a secure, flexible, and efficient infrastructure, underpinning the next generation of decentralized finance applications. Its focus on permissionless market creation and institutional integration showcases a commitment to broadening DeFi's reach.