Yield volatility plagues lenders, but Morpho's vaults—tokenized via Pendle—offer fixed-rate exposure to dynamic APYs, blending Blue's 20% efficiency edge with PT/YT splits for predictable returns. This hybrid has unlocked $3.2 billion TVL, where users lock morpho positions for 10-15% fixed yields or speculate on upsides, all isolated and keeper-optimized. As rates fluctuate post-Fed cycles, this composability positions Morpho at DeFi's fixed-income frontier.
Blue enables: Custom vaults feed into Pendle for splitting, with keepers maintaining underlying efficiency. $13.8B loans, 91% util.
$MORPHO: 1B cap, emissions/DAO/team as structured. Raises $68M. Burns 2.3M tokens.
Updates: Pendle v3 morpho pools in Q3, per @morpholabs ($300M TVL). Euler/Sky partnerships.
Metrics: $3.2B TVL, 68% QoQ. $180M volume.
TA: Flag consolidation. RSI 57. Support $1.80 (flag low + 100 EMA), resistance $2.18. Target $2.60 (38%). Stop $1.73.
Burns/vesting strong; fixed-yield trend boosts.
Entry: Buy $1.80 support, 38% to $2.48, stop below $1.73.
#Morpho @Morpho Labs 🦋 $MORPHO
