Morpho is a decentralized, non-custodial lending protocol operating on the Ethereum and Base blockchains. It enhances capital efficiency in overcollateralized crypto lending and borrowing by directly matching lenders and borrowers through a peer-to-peer system. This approach offers users improved yields, reduced costs, and greater flexibility.
The protocol is governed by the Morpho DAO, with decisions made by holders of the MORPHO token. The MORPHO token serves as the governance token, enabling holders to vote on protocol changes, deployment of smart contracts, fee structures, and treasury management.
The Indian Rupee (INR) is the official currency of India, issued by the Reserve Bank of India (RBI). As one of the fastest-growing economies, India's currency is essential for trade and remittances. While crypto trading in INR is regulated, stablecoins pegged to the rupee are emerging, offering digital asset users a way to transact with INR in the blockchain ecosystem.
The MORPHO to INR conversion rate is the amount of INR you can receive for each unit of MORPHO.
Based on the current rate, you could buy 0.004484 MORPHO for 1 INR.
The price of MORPHO increased by 2.20% in the last 7 days.
The circulating supply of MORPHO is 698,792,730.
MORPHO's all-time high is 361.23 INR.