TechFlow reports, according to data shared on the Morpho team's X (formerly Twitter) account, the total deposits in Morpho Markets—the core product of lending protocol Morpho—have surpassed $2 billion.
Morpho Markets is a simple, immutable single loan and collateral asset market (referring to the primitive market layer mentioned above), granting high autonomy to market creators. Anyone can deploy an independent lending market by specifying one collateral asset, one loan asset, an Interest Rate Model (IRM), Loan-to-Value Liquidation threshold (LLTV), and the oracle to integrate.
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