Morpho to launch Midnight Adapter for fixed-rate vault allocations
- —Adapter launches in Q4 2026 and supports both existing and new vaults
- —Morpho Vaults hold about $5 billion in deposits that could flow to Midnight
- —Curators will set rates, maturities and capital allocation per market
- —Exposure and maturity limits plus in-kind redemptions are built in
Why it matters: Fixed-rate lending broadens Morpho curators' toolkit and could draw institutional capital into onchain credit.
Source: Crypto Economy