MorphoMORPHO#58D rating

Ethereum Mainnet

Decentralized lending-borrowing protocol

$1.96
↓ -$0.04952 · -2.47% (24H)
市值$1.28B占比 0.05%
FDV$1.96B1B 上限
24H 成交量$25.19M
流通量655,308,810.3365.5% mined
ATH$4.17距 -53.03%
01

Price chart

Live
O $2H $2.01L $1.9C $1.975.64%
Volume · MORPHO 2.77K
2.77K
24H high$2.01
24H low$1.9
Open price$2
Amplitude5.64%
02

Market data

Market cap$1.28B
Fully diluted valuation$1.96B
24H volume$25.19M
7D volume$169.4M
Circulating supply655,308,810.33
Max supply1B
Mined ratio65.53%
Next halving--
Market cap rank#58
Market share0.05%
All-time high$4.17
All-time low$0.7132

Price change (multiple periods)

1H+0.77%
24H-2.47%
7D-5.79%
14D-3.41%
30D+18.83%
90D+5.67%
YTD+78.95%
1Y-0.86%
04

Exchange distribution

1
MORPHO/USDTMORPHO / USDT
$2.03
$2.58M
12.52%
2
MORPHO/USDTMORPHO / USDT
$1.97
$1.81M
8.76%
3
MORPHO/USDTMORPHO / USDT
$1.93
$1.58M
7.67%
4
MORPHO/USDTMORPHO / USDT
$1.93
$1.39M
6.73%
5
MORPHO/USDTMORPHO / USDT
$1.96
$1.34M
6.49%
6
MORPHO/USDTMORPHO / USDT
$2.01
$1.31M
6.34%
7
MORPHO/USDTMORPHO / USDT
$1.99
$1.03M
5.02%
8
MORPHO/USDTMORPHO / USDT
$2
$780.56K
3.79%
9
MORPHO/USDTMORPHO / USDT
$1.97
$635.6K
3.08%
10
MORPHO/USDTMORPHO / USDT
$2
$566.16K
2.75%
11
MORPHO/USDMORPHO / USD
$1.96
$557.67K
2.70%
12
MORPHO/USDTMORPHO / USDT
$1.96
$540.98K
2.62%
13
MORPHO/USDTMORPHO / USDT
$1.99
$512.75K
2.49%
14
MORPHO/USDTMORPHO / USDT
$1.92
$500.2K
2.43%
15
MORPHO/USDTMORPHO / USDT
$1.98
$432.72K
2.10%
16
MORPHO/USDMORPHO / USD
$1.99
$383.6K
1.86%
17
MORPHO/USDTMORPHO / USDT
$1.99
$354.67K
1.72%
18
MORPHO/USDTMORPHO / USDT
$2.04
$339.85K
1.65%
19
MORPHO/USDTMORPHO / USDT
$2.01
$330.2K
1.60%
20
MORPHO/USDTMORPHO / USDT
$1.93
$300.92K
1.46%
05

AI investment view

Based on historical content analysis

Bull case4

协议锁仓量突破65亿美元截至2026年6月,Morpho的锁仓量已超过65亿美元,在去中心化借贷领域占据重要市场份额。

顶级风投背书与大额融资累计获得包括知名机构在内的6800万美元融资,近期融资消息进一步提振了市场信心。

模块化借贷与高资本效率独特的点对点匹配机制与无许可借贷原语,显著提升了用户的资金利用效率。

以太坊与Base生态双向发展协议在以太坊主网和主流二层网络上活跃运行,多链布局持续拓展用户基数。

Source: local_market + project_profile + cryptorank + project_catalog + news

Bear case3

代币经济学缺乏通缩机制目前代币主要用于治理,缺乏明确的通缩或质押分红机制,可能削弱代币的长期持有吸引力。

代理合约与潜在安全风险评级显示存在代理合约及权限相关安全隐患,需警惕智能合约漏洞带来的潜在资金损失。

借贷赛道竞争与合规挑战面临老牌借贷协议的激烈竞争,同时去中心化借贷面临不确定的监管环境。

Source: project_profile + token_rating + cryptorank
06

WOOFUN 评级

D

Overall score 27.8 / 100

Morpho 综合评级 D(总分 25.93),6 个维度中团队治理、路线图交付、经济模型排名靠前。主要扣分点在安全合规(0 分)—— 主要受监管合规性(0 分)、多签比例(0 分)等分项影响。 评级团队结论:"Morpho 在团队治理、路线图交付、经济模型方面具备相对优势,当前短板集中在安全合规。" 建议谨慎观察,暂不作为核心配置依据。

查看完整评级报告
路线图37.5 / 100F
团队53.4 / 100E-
市场34.9 / 100F
经济36.9 / 100F
安全0 / 100F
07

Peer comparison

DECENTRALIZED-FINANCE-DEFI peer assets
MetricMorphoThis coinHyperliquidHYPERainRAINChainlinkLINK
当前价格$1.96$59.59$0.01404$8.75
市值$1.28B$13.26B$9.75B$6.55B
市值排名#58#10#13#18
24H 涨跌-2.47%+2.66%+1.31%+4.54%
7D 涨跌-5.79%-3.79%-1.34%+1.00%
共识机制--------
最大供应1B1B1.15T1B
WOOFUN 评级D (27.79)--E+ (18.74)D+ (37.55)
ETF 状态--------
08

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