1 min read
Add as a preferred source on Google

Morpho Says RWA Platform Active Loans Rose 40% in 90 Days

Morpho also put nearly 20% of onchain loans in the RWA ecosystem and said deposits in its Morpho Midnight market grew 500% over 30 days.

A bronze asset token rests in a rising metal lending cradle / TokenPost.ai
A bronze asset token rests in a rising metal lending cradle / TokenPost.ai

Morpho said active loans on its real-world asset (RWA) platform rose 40% over 90 days, reflecting higher borrowing activity in tokenized-asset lending markets.

The protocol’s recent update also put nearly 20% of onchain loans in the RWA ecosystem. Morpho said deposits in its fixed-rate Morpho Midnight market grew 500% over a 30-day period.

A separate Oct. 28 snapshot showed Morpho’s RWA markets with $2.145 billion in deposits and $894.18 million in outstanding loans, as shown in an earlier snapshot of the markets. Deposits measure assets supplied to markets; outstanding loans measure borrowing.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…