Morpho MORPHO
tokenchain EthereumRank 54 by market cap
This section is informational. Data comes from public sources and is not investment advice. Digital assets are volatile and may lose value.
Key figures
- Market cap
- 1.53 B $supply as of 2026-09-17
- FDV
- 2.19 B $of the maximum supply
- 24h turnover
- 4.62 M $
- Turnover to market cap
- 0.30 %
- Circulating
- 698.8 M MORPHO
- Market cap rank
- 54
About the coin
Morpho started as a layer on top of Aave and Compound, matching a depositor to a borrower directly whenever possible to improve the rate for both sides and leaving the unmatched remainder in the underlying pool, so nobody had to leave a familiar protocol to use it.
The current design is different and more interesting. The base layer consists of deliberately minimal, immutable markets: one collateral asset, one borrowed asset, one price source and a fixed liquidation threshold each. A market cannot be altered after creation, so a depositor reads terms nobody will rewrite, and trouble in one market does not spread to another. Above them sit vaults run by external curators who allocate deposits across markets and own the risk decisions.
That separation — a parameterless core beneath curators competing for depositors — is what distinguishes Morpho from peers where governance edits the parameters. MORPHO itself is the governance token.
Base markets are immutable once created, so risk selection moves to vault curators — their choices determine a depositor's outcome.
A reference description of the project, not investment advice.
Price chart
Where it trades
Turnover is what the venue itself reports; we do not verify it, so the order in the table is not a reliability ranking.
| Venue | 24h turnover | Share |
|---|---|---|
| BitDelta | 13.4 M $ | 31.1 % |
| Binance | 4.66 M $ | 75.3 % |
| Aerodrome SlipStream | 2.78 M $ | 6.5 % |
| XT.COM | 1.72 M $ | 4.0 % |
| Toobit | 1.46 M $ | 3.4 % |
Return by period
Periods from a week are calendar-based, from midnight UTC. The 24-hour figure is a rolling window from the current price — different bases, not a discrepancy.
| Period | MORPHO | BTC | ETH |
|---|---|---|---|
| 24 hoursrolling | +5.39 % | +0.63 % | +1.87 % |
| 7 days | −8.57 % | −2.30 % | −1.70 % |
| 30 days | −0.94 % | +18.51 % | +26.78 % |
| 90 days | +7.96 % | +21.47 % | +41.78 % |
| year to date | +92.31 % | −12.74 % | −18.36 % |
| 1 year | — | −34.52 % | −46.10 % |
Supply and issuance
We compute market cap from circulating supply, so its date matters as much as the price.
- Circulating
- 698.8 M MORPHO
- Total issued
- 1.00 B MORPHO
- Maximum
- 1.00 B MORPHO
Risk and statistics
Computed by us from our own history. This section shows no buy/sell ratings — these are values, not verdicts.
- 30d volatility
- 107.11 %
- 90d volatility
- 82.90 %
- Maximum drawdown over a year
- −50.98 %
- Maximum drawdown all time
- −50.98 %
- Beta to bitcoin
- 0,63
- Correlation with bitcoin
- 0,27
- From the all-time high
- −27.64 %All-time high: 2.905 $, 2026-08-23
- From the all-time low
- +104.67 %All-time low: 1.027 $, 2026-02-05
- 52-week range
- 1.027 — 2.905 $
- History depth
- 349 days
Technical indicators
- RSI (14)
- 26.2
- Distance from MA50
- −5.30 %
- Distance from MA200
- +6.47 %
- 24-hour range
- 2.062 — 2.237 $
- 24h turnover
- 4.62 M $
Network
- Main network
- Ethereum
- Contract address
- 0x58d97b57…4969c2b2
Converter
At the price as of 22:19 UTC — a moment's rate, not a live tick.
1 MORPHO = 2.19 $
Similar coins
Same sector (Decentralized Finance (DeFi), Binance Alpha Spotlight) and a similar market cap
Coin sectors: Decentralized Finance (DeFi), Binance Alpha Spotlight
Sources and coverage
- Price: Binance, pair MORPHOUSDT.
- History: 349 days in our database
- Market cap and supply — Powered by CoinGecko
- Prices — Binance public market data