DeFi· ★★★· bullish·

Morpho Midnight tops $100 million in deposits as fixed-rate DeFi lending gains traction

  • —Morpho Midnight launched July 21, 2026 on Base, later adding Ethereum
  • —Deposits passed $100 million; DefiLlama TVL stands near $19.5 million
  • —Coinbase offers fixed-rate bitcoin-backed loans via Midnight
  • —Morpho network overall surpassed $14 billion in deposits in 2026
Why it matters: Demand for predictable rates is real, but the deposit-to-TVL gap means locked capital still needs to catch up with headline figures.
#BTC
Source: Crypto Briefing
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