Morpho’s outstanding loans hit $5 billion record, closing the gap on Aave
Morpho’s outstanding loans have reached an all-time high of $5 billion. Crypto analytics firm Messari reported the metric on Tuesday, September 1. This brings the decentralized lending protocol closer to Aave, which is the longtime leader in that space, and it also raises its profile among the fintechs and stablecoin issuers routing credit through it. . . .