The DeFi lending platform Morpho, with nearly $8 billion in TVL, has received a $775 million pre-deposit from Stablechain, supported by Bitfinex. These funds will be held in a vault managed by Gauntlet, reflecting the growing interest of institutional investors in yield management strategies. Furthermore, Morpho now supports Optimism's Layer 2 and is distributing 300,000 OP tokens (trading at $0.439) as incentives. Meanwhile, Pendle has launched two new Stable vault pools (ctStableUSDT and ctStablefrxUSD) set to mature in November 2025, allowing stablecoin deposits to earn fixed yields. Previously, the launch of the Stable vault sparked controversy when wallets associated with the team occupied over half of the capacity before the public opening.

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