#morpho

✅ Key positive events

1. The protocol received 775 million USD in preliminary deposits from the stable chain Stable (backed by Bitfinex) and added support for the Optimism chain.

Why this matters: A large influx of capital signals institutional or serious support behind the scenes → increases trust and potential scale.

Expanding the chain to Optimism means broader reach.

2. The Ethereum Fund contributed ~2,400 ETH plus 6 million USD in stablecoins to Morpho's vaults.

Why this matters: Trust from a large fund implies serious scrutiny and confidence in the protocol's infrastructure.

The fact that they are using Morpho to generate income means that the utility is real, not just theoretical.