Merlin Egalite | Morpho 💙
@MerlinEgalite
Cofounder & Wizard @MorphoLabs Making finance a public good. Farcaster: https://warpcast.com/merlinegalite
I'm excited to share that Morpho secured $50m in funding led by Ribbit Capital. There was also participation from @a16z @coinbase @variantfund @PanteraCapital and 50+ others who will help guide the future of Morpho. From a student project to one of the fastest-growing and now…
We're excited to announce that Morpho has secured $50M, led by Ribbit Capital! The funding from Ribbit and other strategic partners further enhances Morpho's decentralization and supports its mission to make financial infrastructure a public good.
Morpho is a credibly neutral protocol for onchain loans. Unbiased to who's building and what is being built. No restrictions, no gatekeeping by 3rd parties or a DAO. It's innovation without permission for degens, fintechs, instits, etc. It's innovation for everyone.
Morpho is now the largest lending protocol on the pink chain 🩷💙
🦄🦋/acc Morpho is now the largest lending protocol on @unichain by total deposits
This might indeed be the best demonstration of the DeFi mullet in action. @coinbase in the front, Morpho in the back. → 1B+ of BTC as collateral → $500m of active USDC loans
I think @coinbase x @MorphoLabs has to be the most goated DeFi "partnership" of the year, right? 1. Morpho received a Billion dollars of Collateral TVL directly via Coinbase smart wallet users 2. The loans against the cbBTC now account for ~20% of Morpho's entire loanbook 3.…
Still many things to improve, but institutional adoption is real and underway. We're still day 1.
What does institutional adoption actually look like today? Not institutions buying and holding crypto but issuing offchain assets -> onchain (RWA's) and utilizing them in DeFi End-to-End Private Credit Example 🧵 ..
Was a very nice session, thx for hosting!
Episode 6 of the Hack VC Gigabrain Sessions is live! @ShaneBarratt sits down with @MerlinEgalite from @MorphoLabs, one of the most trusted lending protocols in crypto. In this clip, Merlin explains how Morpho enables the creation of permissionless lending markets that isolate…
You can now multiply your position easily via Morpho's interface.
Slide, click, multiply The option to loop any borrow position is now available.
Money is a technology created thousands of years ago and we still don't understand it. We're still day 1.
✨x🦋=💙
Lending is heating up. Real-world demand is here. @Hexonaut (Co-Founder and CEO of Phoenix Labs) sat down with @MerlinEgalite (Co-Founder of @MorphoLabs) to discuss: - What Ignition + Overdrive means for Morpho users - Why the cbBTC (@coinbase) lending market is exploding - How…
Publicly listed company in the front. DeFi in the back. DeFi mullet is inevitable.
For most, DeFi is too complex, too risky, too off-limits SBET puts staking, restaking (soon), and ETH-native yield into a single ticker on the Nasdaq They call it the DeFi mullet
Collaborating with @HypernativeLabs to provide the off-the-shelf monitoring tools to people building on top of Morpho: curators, asset managers, fintechs, institutions, etc. Morpho's nb1 priority is security and I'm glad we're reinforcing it for the whole Morpho Ecosystem.
📢 .@MorphoLabs is integrating Hypernative to unlock secure, real-time risk monitoring for onchain lending. Morpho curators and asset managers can now access off-the-shelf and tailored monitoring profiles powered by Hypernative. ✅ Smart contract risks ✅ Oracle & market shifts…
Arthaud going founder mode again is bullish af. Keep an eye on what his team is going to ship 👀
After a 3 year break, I'm a founder again With @0xtiagofneto, I'm building Mio - a tool to share your preferences across apps Last week, we spent an afternoon writing our manifesto mio . xyz
Woke up joining the three comma club and you?
The three comma club just got a new member. Bitcoin-backed loans crossed $1B in collateral on Coinbase, powered by @MorphoLabs on @base.
Vault V2 @cantinaxyz competition just started. Security is Morpho's nb 1 prio. This is the final step before the release!
The final steps before Morpho Vaults V2 launches $200k security competition now live on @cantinaxyz Learn how to take part 👇
Small reminder that there are still billions of people (1.4B+) with no access to basic financial infrastructures. We're still day 1.