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

This week Coinbase introduced another option for their users to Earn through Morpho to offer diverse risk profiles! This new High Yield Vault is already reaching $100m after two days ....

Already 90m deposits in Coinbase high yield earn product on @base (30m from CB users) in 1 day. Nice collab between @coinbase, @SteakhouseFi & @ethena. The DeFi mullet keeps growing.

Steakhouse High Yield USDC is now live on @Coinbase, alongside Steakhouse USDC. Coinbase users can now choose: lend into Steakhouse Prime or High Yield. Curated by Steakhouse, Powered by @Morpho. Now on Coinbase.

The first product in the Ethena ✦ Coinbase collaboration is now live. The @SteakhouseFi High Yield Vault has officially launched on @Coinbase, powered by USDe on @Morpho. Coinbase's user base now has access to a best in class savings rate through the vault, live in the Coinbase App for users in the U.S. and abroad.

As vaults take over finance, Vault Summit took over the NYSE. We connected the world's largest institutions with the teams building the future of finance onchain. Special thanks to our host @Morpho, co-host @SPGlobal, and Title sponsors @gauntlet_xyz, @FordefiHQ, and @Visa. Next stop, Singapore.

The internet's value didn't come from the protocol itself. It came from the companies : Amazon, Google, Stripe, etc, that used it as a foundation to build applications that delivered value to end-users. Blockchains are a platform. And the apps are starting to show up. Credit is one of the biggest ones. Fundamentally, there's no reason it can't run on the same rails that people globally communicate through. $5 trillion moves through global credit markets daily, through infrastructure that hasn't meaningfully changed in decades. It's intermediary-heavy and exclusive by design. @Morpho is one of the clearest signals we've seen that this is real. An internet protocol can orchestrate billions of capital to deliver savings and credit instruments to millions of users around the world. Through every cycle, adoption has only ever gone in one direction. That’s why we participated in @Morpho's latest fundraise alongside @paradigm, @a16zcrypto, @RabbitCapital, and many others. The @Morpho team is one of the most serious in the industry, and we're excited to support them as they continue to be a pioneer in this space.

Big day for @Morpho. Last year, we sat down with @PaulFrambot and had him explain it from scratch: what it is, why institutions suddenly care, and where he thinks finance is headed. Five answers 👇

We’ve just raised $175M in a round co-led by @paradigm, @a16zcrypto, and @RibbitCapital. And this is the largest raise in DeFi history. The current financial system is broken. Access to capital still depends on where you live, who you know, and which intermediaries are willing to trust you. The only way to fix that is to build a new infrastructure, and that’s @Morpho. Moving trillions to a completely new infrastructure requires an enormous amount of energy, conviction, and resources. This is why we raised. This moment also lets us take a step back and appreciate Morpho's growth throughout the years, from a project started by four students to being integrated with the world's leading financial institutions. I’m incredibly proud of the way we scaled: consciously, staying aligned as co-founders (perhaps not on whether butter should have salt in it or not, but that's another story), 100% focused on Morpho and nothing else, and growing the Morpho team into one of the best (if not the best!) and most principled teams building in DeFi. In the months ahead, a big part of the work will be bringing Morpho to more teams and institutions: better integrations, better onboarding, better support, and a stronger go-to-market overall. If we do our job well, the long-term outcome is clear: Morpho becomes the open credit network for the world, embedded into every financial institution, and changing the financial system for the better. 🦋

We’ve just raised $175M, in a round co-led by @paradigm, @a16zcrypto, and @RibbitCapital, the largest raise DeFi has ever seen. Credit is the bedrock of our civilization, but the infrastructure underneath is fragmented, extractive, and closed to most of the world. That is what @Morpho is here to change. Morpho is building the open credit network for the world. The global credit market is $ 200T. We are building the infrastructure layer that will move it onchain, and every institution, fintech, and bank that wants to participate in the next era of finance will connect to this network. After four years of being heads down building Morpho, we now count more than $11B in deposits and integrations with leading financial institutions including @Coinbase, @Binance, @FireblocksHQ, @SG_Forge, @krakenfx, @Bitwise, and dozens of others building on Morpho to offer better products to their users. But this is just the beginning. This raise will allow us to accelerate: activating the global credit network at scale, building the go-to-market engine to match our ambition, and bringing more institutions onto the network faster. Having any kind of onchain strategy in this era will mean going through Morpho at some point. Reach out and let's talk. And if you want to help build the open credit network for the world, we have plenty of open roles. Let’s fly 🦋

We're excited to announce that @Morpho is bringing enterprise yield to global SMBs on Reah. Businesses can put idle capital to work through @gauntlet_xyz vaults, earning a higher yield than traditional business accounts with 24/7 liquidity. Morpho has over $10B in deposits.

TLDR of @Vault__Summit at @NYSE.