MORPHO, a Decentralized Lending Protocol, Will Be Initially Listed on CoinW Exchange

CoinW,
the
world’s
pioneering cryptocurrency
trading
platform,
will
list
MORPHO,
a
decentralized
lending
protocol,
on
the
DEFI
Zone.
For
all
CoinW
users,
the
MORPHO/USDT
will
be
initially
officially
available
for
trading
on
November
21st
2024,
at
10:00
(UTC).
To
celebrate
the
listing
of
MORPHO,
we
are
launching
the
“
MORPHO
bounty
program:
Register
&
Trade
&
Retweet”
event
with
a
reward
pool
of
5,000
USDT.

Morpho:
Pioneering
Efficiency
in
Decentralized
Lending

Morpho
is
revolutionizing
decentralized
lending
by
addressing
inefficiencies
in
traditional
Aave-like
and
Compound-based
protocols.
Through
its
unique
Peer-to-Peer
(P2P)
liquidity
matching
model,
Morpho
offers
higher
yields
for
lenders
and
lower
rates
for
borrowers.
When
P2P
matches
are
unavailable,
the
protocol
seamlessly
integrates
with
existing
liquidity
pools,
ensuring
optimal
capital
efficiency.

Since
the
launch
of
Morpho
Blue
on
the
Ethereum
mainnet
earlier
this
year,
the
protocol
has
amassed
$1.35
billion
in
deposits
and
$510
million
in
borrowings.
Its
rapid
expansion
to
the
Base
network
added
another
$110
million
in
deposits
and
$36.84
million
in
borrowings.
With
a
Total
Value
Locked
(TVL)
of
$1.866
billion,
Morpho
continues
to
showcase
its
growing
impact
on
the
DeFi
ecosystem.

MORPHO
Token:
Empowering
Decentralized
Governance

MORPHO
serves
as
the
governance
token
of
the
Morpho
protocol,
enabling
token
holders
to
participate
in
decision-making
processes,
including
future
protocol
development,
smart
contract
deployment,
and
treasury
management.
The
tokenomics
structure
ensures
long-term
stability,
with
allocations
for
DAO-controlled
funds,
ecosystem
development,
and
early
contributors.

Morpho’s
robust
ecosystem
has
gained
significant
investor
backing,
with
$18
million
raised
in
2022
from
leading
firms
like
a16z,
Variant,
and
Coinbase
Ventures,
followed
by
an
additional
$50
million
earlier
this
year
led
by
Ribbit
Capital.

5,000
USDT
Limited-Time
Offer
for
CoinW
Community

To
celebrate
the
listing,
5,000
USDT
equivalent
MORPHO
prize
pool
will
be
up
for
grabs
from
November
21st,
2024,
at
10:00
to
November
28th,
2024,
at
16:00
(UTC).
By
participating
in
events
such
as
registration,
trading,
and
community
events,
CoinW
users
have
the
opportunity
to
share
in
a
prize
pool
of
5,000
USDT.
 To
claim
your
rewards,
please
click here. 

About
CoinW

CoinW is
a
pioneering
crypto
trading
platform
that
prioritizes
security,
transparency,
and
user-centric
principles.
With
advanced
technology,
deep
liquidity,
and
a
wide
range
of
supported
cryptocurrencies,
the
company
has
amassed
a
broad
user
base
to
become
one
of
the
world’s
most
secure crypto
exchanges.
Committed
to
security,
transparency,
and
compliance,
the
CoinW
exchange
upholds
the
highest
regulatory
standards
and
actively
contributes
to
the
advancement
of
the
crypto
industry.
To
learn
more
about
CoinW,
you
can
visit
the
official website,
and
follow
CoinW’s Twitter
Account, Btok,
and Telegram
Group.

About
MORPHO

Morpho is
a
lending
protocol
built
on
Ethereum,
fundamentally
utilizing
Aave
and
Compound
as
capital
buffer
pools.
It
optimizes
interest
rates
for
lenders
and
borrowers
through
matching
mechanisms.