TechFlow, May 5 — According to Morpho's monthly report, its crypto lending business in partnership with Coinbase has surpassed $130 million in active loans, with over $270 million in collateral. Additionally, Trust Wallet, the world’s largest non-custodial software wallet, and hardware wallet Ledger have both integrated Morpho as their default yield option.
Apollo's leveraged real-world asset (RWA) strategy, ACRED, is now live on Morpho, marking the first time a private credit fund has been used in an on-chain structured product to enhance yields. Meanwhile, World App has integrated Morpho, enabling its 25 million users to access lending and borrowing services. On Base chain, over 45% of cbBTC is held within the Morpho protocol as collateral and borrowed assets.
