Market cap$2.96T+0.9%
Volume 24h$123.0B
BTC dominance58.4%
USDT.D7.01%-0.01
Fear & Greed70 · greed +5
Terminal
Coins Morpho

Morpho (MORPHO) price

#57
Morpho is a decentralized lending protocol on Ethereum and other networks. It lets anyone …
$2.69
-1.76% (24h)
Add to portfolio

About the project

Morpho is a decentralized lending protocol on Ethereum and other networks. It lets anyone create isolated lending markets with their own risk parameters, while Morpho Vaults allocate user deposits across those markets.

Vault curators, professional risk managers, decide where funds go. Large companies use the protocol for crypto-backed lending. MORPHO is the governance token.

Morpho overview: price, liquidity and supply

Morpho (MORPHO) trades at $2.69 and ranks #57 by market cap ($1.43B). Recent moves: −1.8% over 24 hours, +3.6% over the week, +6.7% over the month.

Daily trading volume is $19.6M, or 1.4% of market cap: thin trading, so large orders can move the price. The all-time high is $4.17; it is 36% below that level.

700,051,267 MORPHO are in circulation out of a maximum 1,000,000,000 (70.0%). Most of the supply is already circulating. Fully diluted valuation is $2.70B, 1.9× the current market cap.

This summary updates with live market data.

Price chart

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Tokenomics · distribution

Strategic Partners: 36.7%Users & Distributors: 26.7%Founders: 23.3%Contributors: 7.1%Rewards / staking: 3.7%Other: 2.5%
Strategic Partners36.7%
Users & Distributors26.7%
Founders23.3%
Contributors7.1%
Rewards / staking3.7%
Other2.5%
Hover a segment or row to highlight its share and purpose.

Unlocks & vesting

34.9%unlocked
● Unlocked34.9%
348.55M MORPHO · $942.12M · 34.9% FDV
● Locked17.6%
176.45M MORPHO · $476.95M · 17.6% FDV
Fully unlocked in ~588 d
UNLOCK BY ALLOCATION
● Strategic Partners Cohort 2168.00M / 168.00M MORPHO
● Founders29.53M / 152.00M MORPHO · $328.9M locked
● Strategic Partners Cohort 313.02M / 67.00M MORPHO · $144.98M locked
● Early Contributors49.00M / 49.00M MORPHO
● Users & Launch Pools49.00M / 49.00M MORPHO
● Strategic Partners Cohort 140.00M / 40.00M MORPHO

Unlock events

5Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
today
6Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
tomorrow
7Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 2d
8Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 3d
9Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 4d
10Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 5d
11Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 6d
12Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 7d
13Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 8d
14Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 9d
15Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 10d
16Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 11d
17Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 12d
18Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 13d
19Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 14d
20Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 15d
21Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 16d
22Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 17d
23Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 18d
24Oct 2026
Unlock 300K · 0.03% supply
linear · ≈ $809.76K
in 19d

Frequently asked questions

How much is 1 MORPHO in US dollars?

1 Morpho is worth about $2.69, -1.76% over 24 hours. The price updates every few minutes from exchange data.

How much is 1 MORPHO in euros?

About €2.39, converted from the dollar price at the current exchange rate.

What is the market cap of Morpho?

$1.43B, ranked #57 among cryptocurrencies.

How many MORPHO coins are there?

700.05M MORPHO in circulation out of a maximum of 1B.

What is the all-time high of Morpho?

$4.17, the highest price in its trading history.

MORPHO price in other currencies

1 MORPHO → USD2.69 $
1 MORPHO → EUR2.39 €
1 MORPHO → GBP2.03 £
1 MORPHO → RUB225.10 ₽
1 MORPHO → UAH121.17 ₴
1 MORPHO → INR258.89 ₹
1 MORPHO → TRY132.03 ₺
1 MORPHO → BRL14.03 R$
MORPHO
=

Key metrics

Market rank#48
FDV rank#52
Lending Platform#2
Market cap$1.43B
Fully diluted cap (FDV)$2.7B
Volume 24h$19.61M
Circulating700.05M MORPHO
Total / max1B MORPHO
Circulating, %70.0%
ATH$4.17
ATL$0.7132

Next unlock

2 rounds
$809.76K
300K MORPHO · 0.03% supply · 0.04% M.Cap
06.10.2026
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