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via Decrypt · By Decrypt Editorial

Crypto Lending Protocol Morpho Raises $175 Million to Aid Wall Street’s DeFi Push

MORPHO

MORPHO/USDT

$2.851
+4.01%
24h Volume

$60,597,691.61

24h H/L

$2.942 / $2.637

Change: $0.3050 (11.57%)

Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data
MORPHO
MORPHO
Daily

$2.851

▲ 1.24%

Volume (24h): -

Resistance Levels
Resistance 3$3.3843
Resistance 2$3.0091
Resistance 1$2.887
Price$2.851
Support 1$2.8389
Support 2$2.65
Support 3$2.5073
Pivot (PP):$2.77
Trend:Uptrend
RSI (14):66.2
DE
Decrypt Editorial
(03:39 PM UTC)
1 min read
JM
Approved byJames Mitchell

In brief

  • Decentralized lending platform Morpho has secured $175 million in its latest funding round, highlighting the rise of curated lending vaults.
  • The platform has been adopted by industry giants like Coinbase and Binance, along with French banking giant Société Générale.
  • The raise signals persistent demand for DeFi infrastructure, despite an uptick in multi-million dollar exploits this year.…

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Source

Decrypt Editorial · Decrypt

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