Morpho (MORPHO) is a decentralised and non-custodial lending protocol built on the Ethereum blockchain. It allows users to earn interest on cryptocurrency deposits and borrow digital assets. The protocol aims to optimise lending efficiency through its unique peer-to-peer matching mechanism while maintaining decentralisation. It also provides tools for permissionless market creation and supports a wide range of collateral assets.

Morpho is used within the decentralised finance (DeFi) ecosystem to facilitate lending and borrowing. Users can deposit their digital assets to earn interest or provide collateral to borrow other cryptocurrencies. The protocol’s peer-to-peer matching system seeks to improve interest rates for lenders and borrowers compared to traditional pooled lending models. Additionally, Morpho allows developers and projects to create customised lending markets within its framework, enabling tailored financial solutions.

Morpho was founded by Paul Frambot, a blockchain entrepreneur and the CEO of Morpho Labs.