Morpho Price Data
Morpho (morpho)
currently has a price of
Rp39k
and is
down
-4.89%
over the last 24 hours. The cryptocurrency is ranked
60
with a market cap of
Rp27.4T.
Over the last 24 hours, it saw
Rp245.7B
of trading volume. The token has a circulating supply of
703.5M
tokens out of a total supply of
1B
tokens.
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.
