Vaults

Overview

Financials

Lending Markets

MORPHO Token

Users deposit assets into Morpho vaults to earn passive yield from interest paid by borrowers. Morpho Vaults allow curators to actively manage risk and curate risk exposure for all deposited assets, abstracting this complexity away from the users. 

Total value of assets held in Morpho vaults.

Morpho: Vault Balance

Vault curators often rebalance liquidity between Morpho markets, adjusting to changing risk/return profiles. 

Number of vault rebalancing transactions per period. 

Morpho: Vault Rebalancing

HHI shows how concentrated vault assets are across lending markets, calculated as the sum of ecah markets share of vault value across markets. HHI ranges between 0 and 1, where 1 indicates maximum concentration (all assets in one market) and low numbers indicate higher levels of concentration. 

Herfindahl-Hirschman Index (HHI) of concentration of vault assets in lending markets. 

Morpho: Vault Allocation Concentration

When users deposit assets into a Morpho Vault they receive shares representing their ownership of a proportion total assets in the vault. Vault shareholders represents the number of unique addresses that hold shares in a vault.

Number of Unique Addresses Holding Vault Shares

Morpho: Vault Shareholders

Morpho: Vault Data

Morpho: Vault Curators

Vaults earn interest by depositing users provided liquidity into Morpho Markets, which generate interest through lending operations. 

Total value of interest earned by vaults. 

Morpho: Vault Interest

Vault curators earn a performance fee on the interest earned through vault curation. Fees typically equal 0% to 20% of the total value of interest earned. 

Total value of Performance Fees earned by vault curators. 

Morpho: Performance Fees

Funding and M&A

Avalanche

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Pump.Fun

Vector

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Chain Comparison

L2 Comparison

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Markets

Layer 1

Layer 2

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ETFS

Morpho: Vaults