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Morpho Token MORPHO

Base ·

MORPHO is the governance token of Morpho, a lending protocol operating on Ethereum and Base. It is used to vote on protocol parameters, risk management decisions, and treasury allocations through stake-weighted voting mechanisms. Token holders can participate in governance to influence how the protocol manages collateralization requirements, liquidation thresholds, and the deployment of capital across lending markets.

Full contract · Base0xbaa5cc21fd487b8fcc2f632f3f4e8d37262a0842
Website ↗https://morpho.org/X ↗https://x.com/MorphoLabs
Current price$2.31+1.40% · 24h
Circulating market cap$1.59B
Fully diluted valuation$69.16M
Total token liquidity$2.06M
24h volume$2.51M
Holder address count146.27KAddress count, not unique users
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01 / Market

Trading volume and liquidity

24h volume $2.51M · Total token liquidity $2.06M。

Volume / current liquidity 122.03%

Volume is a flow over a period; liquidity is a stock at a point in time.

02 / Structure

Supply and valuation

Circulating market cap $1.59B · FDV $69.16M。

The two valuations are not yet comparable; their original values are shown separately.

About the project · Morpho Token

Not provided

MORPHO is the governance token of Morpho, a lending protocol operating on Ethereum and Base. It is used to vote on protocol parameters, risk management decisions, and treasury allocations through stake-weighted voting mechanisms. Token holders can participate in governance to influence how the protocol manages collateralization requirements, liquidation thresholds, and the deployment of capital across lending markets.