MorphoLabs has rapidly established itself as the largest lending protocol on the Base network, achieving this status in less than a year based on active loans. The protocol has seen a notable increase in its active loans, with $60 million in Bitcoin collateral and $30 million in USDC loans originating directly from the Coinbase app on Morpho. Additionally, Compound has transitioned to using Morpho's infrastructure on the Polygon network, where it has accumulated $25 million in supply in just over ten days. The integration of Morpho with various platforms continues to expand, with new lending options and partnerships, including a $500 million pre-deposit of USDe on the Ethereal DEX, which allows users to borrow against eUSDe. Furthermore, new assets have been onboarded to SparkLend, enhancing borrowing capabilities for users.