Morpho 🦋

The Morpho Midnight Whitepaper A noncustodial protocol for fixed rate, fixed term credit markets morpho.org/whitepapers/mi…

Institutions and enterprises are asking for onchain confidentiality for their users. As onchain finance continues to grow into the infrastructure for all finance, our industry's job is to build features that make onchain the obvious choice: faster, cheaper, more secure while keeping sensitive information private. Great convo with @randhindi from @zama on how they've been building confidential vaults on top of Morpho 👇

The Steakhouse Confidential Prime USDC Vault on @Morpho is now live. Deposit confidential USDC (cUSDC) into the @SteakhouseFi-curated vault to earn yield by lending against blue-chip collateral, while keeping individual positions confidential onchain.

Learn more about BitGo's integration with Morpho

Morpho will soon be accessible on @BitGo BitGo is a leading custodian with over $100B in assets and 5500 institutional clients. Bitgo clients can earn rewards on idle assets via curated Morpho Vaults, all within the security of Bitgo custody.

🔥 The latest @OpenCover case study just dropped: Covered Vaults x @Optimism Foundation for treasury management. Built for the next wave of onchain finance with @NexusMutual, @Morpho, @utila_io and @gauntlet_xyz. See what modern treasury management looks like ⤵️

🔴 We're welcoming @dennisbree, Head of Institutional Growth at @Morpho, as a speaker at our private event in NYC, on June 22nd. Morpho has become one of the core infrastructure layers of institutional onchain finance. Holding $10B + in TVL, and recently raising $175M . Its design gives institutions something most DeFi protocols don't: control over their own risk parameters, without shared exposure to other participants. Dennis joined Morpho to lead its institutional growth, after four years building the GTM function at Figment. He'll join @MorganStanley, @tradeon21x, and @FireblocksHQ on the panel "New Rails, New Power: Who Controls Onchain Finance?" When lending, collateral and credit infrastructure are built onchain, the question of who sets the terms becomes a structural one.

~$6.5B of tokenized gold exists today versus the ~$30T physical market. It is clear the migration to digital, yield bearing gold has only just begun, with only ~9% of tokenized gold deployed in DeFi today. Feather is helping power this massive shift by partnering/integrating the @TheoriqAI XAUt0 vault with the XAUt0 / USDT @Morpho market on @Celo bringing even stronger yield to Theoriq's XAUt0 gold yielding product. Today, tokenized gold moves faster than a bar in a vault but it still earns just as little. Even worse, it tends to cost holders money to safely secure it with size. Every other key reserve asset in finance earns something. Treasuries pay a coupon. Even idle cash earns a money market rate. Theoriq's gold vault solve this by posting tokenized gold as collateral, borrowing stablecoins against it, and then running a conservative carry yield strategy that rotates the spread back into gold targeting 2.5–3.5% net APR denominated in gold (modeled, not guaranteed) returned to the vault holders. The borrow leg of Theoriq with this integration now partially runs through Feather’s USDT Morpho vault on Celo. Celo is the perfect target for this because as of today, ~90% of tokenized XAUt0 gold holders already are there, gas is sub cent, the market is isolated, Chainlink-priced, with USDT lent out to XAUt0 underwritten by Feather, block by block. Learn more and try the products here⤵️

@b0bby 🦋

excited to share i've joined @Morpho as head of product. our mission is to build the open credit network for the world. access to capital should be global, permissionless, and disintermediated. i'll be focused on the products and infrastructure that make Morpho the best way to plug into global lending markets – starting with the upcoming launch of Midnight and until we've brought the world's 200T in credit onchain. this team has the vision and the grit to write crypto's next chapter. nine years in this industry and there's still more to build. onwards 🦋

Some personal news: I’ve joined @Morpho to lead our developer platform! My focus will be on making it radically easier for developers and companies to build on and integrate with Morpho: the tooling, APIs, and infrastructure that let any human or agent plug into the network. Nearly every leap in prosperity, from early trade to modern markets, was underwritten by someone willing to extend credit. While credit isn’t new, the opportunity to make its infra open, programmable, and shared, is. When liquidity is interoperable instead of siloed, every participant’s capital becomes leverage for the whole network. That's what Morpho is building: the open credit network for the world. If you want to build with Morpho, I'd love to chat 🦋

@flymperopoulos 🦋

@PaulFrambot's bet: getting a loan should work like Visa for credit. Instead of one bank owning your pricing, thousands of lenders compete for you. Fresh off a $2B round, the @Morpho co-founder unpacks open credit with @bamazizimesh on CEO Beat. Out now 🎙️ na2.hubs.ly/H069DvH0

Morpho just raised $175M — the largest round in DeFi history — and it was done via the $MORPHO token. Co-founder @MerlinEgalite will join us to get into the raise, institutions piling in, curator risks, and what's next for DeFi. Live today, 11am ET 👇 twitter.com/i/broadcasts/1…

You can now earn yield on your Confidential USDC with Morpho! 🦋 Our mission at Zama is to bring confidentiality to financial transactions on public blockchains, the same way HTTPS makes it safe to send your credit card to a website. With nearly $200m shielded since we launched earlier this year, the question is no longer whether people want privacy onchain, but rather how we can make all of onchain finance confidential, from payments to swaps, lending and yield.  Today we're proud to announce our first DeFi integration, with Morpho, letting you deposit Confidential USDC (cUSDC) into Steakhouse’s USDC Prime vault. This is not a new vault strategy, and not a new lending protocol. It's the actual Steakhouse Prime USDC strategy, on the actual Morpho protocol. You use it exactly as you would today, except your balances and positions stay fully confidential. Morpho handles $11B+ in deposits for the likes of Coinbase, Bitwise and Société Générale, and Steakhouse curates over $4.5B in TVL, so we're bringing confidentiality where the liquidity already is. The way it works is simple. When you make a Confidential USDC deposit, it joins a batch with other users' deposits. Once the deposit period has ended, the aggregated USDC are unshielded, and deposited in the Morpho Steakhouse vault, with the resulting vault shares reshielded and redistributed pro-rata to the depositors. The total batch amount is public, but the individual deposits stay confidential. It also means you hold the vault shares directly yourself. This batching approach is generic and can work for vault deposits, swaps, staking, voting, and any other DeFi action. Natively confidential DeFi protocols will offer even stronger privacy guarantees, and we're building those too, but batching lets confidential tokens plug into the existing public protocols where the liquidity sits today. Over the coming months, we'll extend our Morpho integration across all major stablecoin currencies, including USD, EUR and GBP, so you can earn yield no matter which one you want to hold. Shield your USDC on app.zama.org and start earning when the vault opens next week. We are adding extra incentives for the next 3 months on a first come first serve basis!  Let’s encrypt all the money!

Learn more about the confidential DeFi stack that Zama is building

Deposit Confidential Tokens with @zama on Morpho Institutional allocators, corporate treasuries and market participants can earn yield from @SteakhouseFi curated Morpho Vaults without disclosing their balances or strategies

Learn more about Bitso's ambition to build non-dollar financial rails with Morpho.

First of its kind: @buildwithjuno by @bitso just launched Mexican Peso onchain credit markets and vaults on Morpho, curated by @gauntlet_xyz. The blueprint for LATAM stablecoin onchain utility - users can access $MXNB liquidity against $USDC & $BTC, or put $MXNB to work on @base.

🤝 HashKey Chain is pleased to announce a strategic partnership with @Morpho By combining HashKey Group’s compliance-ready infrastructure with Morpho’s global open credit network, the partnership will explore institutional-grade CeDeFi and RWA on-chain lending infrastructure. This strategic partnership will focus on: 🔹 Institutional-grade compliant DeFi use cases 🔹 More efficient and transparent on-chain lending mechanisms 🔹 RWA collateral and liquidity expansion 🔹 Long-term innovation across CeFi and DeFi integration More details: m.techflowpost.com/newsletter/125…

USDe on the @Coinbase Vault has crossed $100m in under 4 days since its launch.