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With $MORPHO live, Net APYs have been updated on the Morpho App. Check it out ๐ https://t.co/73lX0zv5XS
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The governance token $MORPHO from Morpho Labs has launched its first oracle price feed against USD, now available on over 85 blockchains, as announced by Pyth Network. This new price feed is expected to enhance the efficiency of decentralized finance (DeFi) lending. Additionally, a new liquidity pool for $MORPHO and $WETH has been established on the Base network, currently offering an annual percentage rate (APR) of 1411%. Morpho's total value locked (TVL) has reached $1.86 billion, highlighting its growing influence in the DeFi sector. The Morpho App has also updated its net annual percentage yields (APYs) following the launch of $MORPHO.
