Base lending markets grow 133% on Morpho and Coinbase integration
- —Onchain collateral in Morpho x Coinbase vaults climbed from $1.5B to $3.5B this year
- —Coinbase collateral on Morpho reached $3.62B, with $1.57B in outstanding loans
- —Cumulative loan originations through Morpho surpassed $3B
- —Five tokenized stocks are available as collateral in new lending markets
Why it matters: A major publicly traded exchange is deepening its integration with DeFi lending, potentially accelerating institutional adoption of onchain credit.
Source: Crypto Briefing