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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
$2.355
+10.25%
$2.355
+10.25%
(24s)24h Volume
$27,586,325.83
24h H/L
$2.398 / $2.136
Change: $0.2620 (12.27%)
Funding Rate
-0.0064%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:39 PM UTC)
1 min read
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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