Attention crypto enthusiasts! đ Morpho Labs has raised $50 million in a round led by Ribbit Capital, with participation from giants such as a16z Crypto and Coinbase Ventures. These funds will power Morpho Blue, a permissionless lending protocol that has already attracted more than $1.5 billion in deposits.
- Morpho Blue allows you to create and manage markets without central approval.
- Since its launch in 2022, it has optimized interest rates and supports 160 pools with an average return of 4.77%.
What do you think of this new wave in DeFi? Comment below!
