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Markets
Market cap$2.71T-3.14%24h volume$72.96BBTC dominance59.3%Fear & Greed51 · NeutralBTC$80,009.00-0.77%ETH$2,319.76-0.69%SOL$100.50-0.87%XRP$1.29-1.72%BNB$740.78-1.64%DeFi TVL$88.09BStablecoins$302.00B
Updated

Morpho Midnight

MORPHOLending2 chainsListed Jul 2026

Morpho Midnight, Morpho's fixed-rate, fixed-term lending protocol, deployed on Base

TVL history

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TVL by chain

  1. Ethereum$113.97M94.0%
  2. Base$7.26M6.0%

Key facts

Category
Lending
Chains
2
Token
MORPHO
Oracles
—
Audits
None listed
Listed
Jul 2026

Similar Lending protocols

How this TVL is counted

Every Midnight market is enumerated on-chain from MarketCreated events. TVL is the collateral held in the Midnight contract. Borrowed is outstanding debt, read per market as totalUnits minus withdrawable (repaid assets not yet withdrawn by lenders, which stay in the contract and are already counted in TVL).

Frequently asked questions

What is Morpho Midnight’s TVL?

Morpho Midnight has $121.23M in total value locked, +678.33% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.

Which chains is Morpho Midnight on?

Morpho Midnight runs on 2 chains; the most value sits on Ethereum ($113.97M).

What kind of protocol is Morpho Midnight?

Morpho Midnight is listed under Lending, where it ranks #28 by TVL.

Data aggregated from public third-party market sources. For informational purposes only — not investment advice.