PF
Gold is a ~$30T asset class. Less than 0.1% of it is onchain. And of that, only a sliver is used as collateral. Today, @coinbase users can borrow USDC against tokenized gold, right in the app, powered by @Morpho . Tokenization is step one. Making assets productive is step two. Morpho 🦋 @Morpho 22h Gold-backed loans on @coinbase , powered by Morpho Millions of users can borrow stablecoin liquidity against tokenized gold by @Paxos on @base , without leaving the Coinbase App
PF
Tenor just released a first of its kind lending AMM built on Morpho Midnight! Tenor @TenorFinance Nov 5 Passive quoting is live on Tenor. Quote rates across multiple @Morpho Midnight markets, and route unused capital back to a default vault passively on an ongoing basis. No need to post offers or recycle capital manually. Learn more 👇 Article Introducing: Tenor Passive Quoting Tenor now lets lenders passively quote lend and exit rates across fixed-rate lending markets on Morpho Midnight. Users can quote rates on an ongoing basis, with no need to post individual offers, set
PF
It’s 3 am mid-flight. The guy next to me hasn’t said a word, but I’m pretty sure he’d love for me to stop voice-prompting Claude.
33 replies·1 reposts·178 likes·11.2K views
PF
Great breakdown of Morpho Midnight through last week’s market events. Morpho Blue is already highly resilient by design. Midnight goes further: no shared rate. When liquidity dries up, matched loans keep their rate and maturity. Your fixed rate stays… fixed. This is what is Glovin | IRIS @Glovin_ Nov 3 Offers on @Morpho Midnight are back above where they were before the Before : $210M offers / $41M net depth Binance Hack : $16m offers / $2.15m net depth Now : $390M offers / $27M net depth Net depth : $42M -> $2M -> 27M And below might be a feature not many people talk