Morpho

Meet Morpho

Morpho provides onchain credit infrastructure for markets, vaults, and financial applications. Lenders and borrowers can use configured markets with variable rates or fixed-rate, fixed-term arrangements. Each market defines its own lending terms, so the infrastructure supports different credit setups.

Vaults add an allocation layer: users supply an asset, and curators configure its deployment across approved markets or adapters within defined limits. Institutions and fintech developers can also build products around the network with their own custody and access arrangements. A direct market position and a curated vault give users different ways to manage the lending exposure they choose.