DeFi· ★★· bullish·

USDG lending on Morpho in Arbitrum hits $115M in 18 days

  • —USDG lending TVL on Morpho reached $115M within 18 days
  • —Arbitrum announced the figure in a post on X
  • —USDG is used for lending and borrowing on the Arbitrum network
Why it matters: The growth signals demand for USDG in Arbitrum DeFi and could draw more liquidity into the ecosystem.
Source: Coinfomania