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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Morpho's April user data reached a new high, and Coinbase's encryption lending scale exceeded $130 million.
According to a report from Morpho on May 5, in collaboration with Coinbase, the active loan scale of its cryptocurrency lending business has exceeded 130 million dollars, and the scale of collateral has surpassed 270 million dollars. In addition, the world's largest non-custodial software wallet Trust Wallet and hardware wallet Ledger have made Morpho their default yield option.
Apollo's ACRED leveraged real-world asset (RWA) strategy is now live on Morpho, marking the first use of private credit funds in on-chain structured products to enhance yields. At the same time, World App has integrated Morpho, allowing its 25 million users to access lending services. On the Base chain, over 45% of cbBTC is stored in the Morpho protocol as collateral and lending assets.