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On-chain protocol liquidity profile

Morpho Blue

Lending · MORPHO

$7.86Breported nominal TVL

Morpho Blue's reported nominal TVL changed +4.7% over seven days, inside the steady band. Users paid $536.5K in fees over 24 hours, a +2.5% annualized paid-activity read against the reported TVL snapshot. Fees do not prove persistent demand or tokenholder value capture.

What this page answers

Morpho Blue reports $7.86B in nominal USD TVL across 12 chains. Bathymark classifies it as Lending,reads its seven-day nominal TVL tide as +4.7%, and joins that TVL context to fees, retained revenue, DEX volume, leverage, and token price where configured rows exist. Token-price effects are not removed from the TVL tide.

DeFi liquidity tracker What TVL means Data source and limits

Live operating read

Nominal TVL is the starting depth proxy. The read gets sharper when the same slug also has user fees, retained revenue, trading turnover, or leverage pressure in open data.

protocol desk

deepening

Morpho Blue's reported nominal TVL changed +4.7% over seven days, inside the steady band.

#9overall depth rank#2Lending rank12chains listed

pressure channels

7d nominal TVL tide+4.7%

Fee run-rate vs TVL+2.5%

Receipts and pressure

Fee run-rate

+2.5%

24h fees annualized against the visible TVL snapshot.

Desk notes

Reported TVL base

Morpho Blue ranks #9 by reported nominal TVL. Inside Lending, it ranks #2 among the comparable rows Bathymark reads.

Paid-activity receipts

Morpho Blue generated $3.68M in fees over 7 days. Fees are user payments, not token price direction.

Sails on

The chains this protocol operates across.

Ethereum Base Robinhood Chain Hyperliquid L1 Monad Katana Flare Stable World Chain Tempo Arbitrum Sei

Nearby depth

Other Lending rows in the same DeFiLlama category, shown so the absolute number has context.

Morpho Blue$7.86B Aave V3$14.07B SparkLend$3.64B JustLend V1$3.33B Maple$2.5B Compound V3$1.13B Venus Core Pool$1.07B

How to read Morpho Blue TVL

Current nominal TVL

The current reported TVL is $7.86B. Bathymark uses it as a depth proxy, not a measurement of exit liquidity or price-adjusted deposits.

Operating receipts

$536.5K of fees were visible over 24 hours, and $3.68M over 7 days.

Chain coverage

Morpho Blue is listed across 12 chains in the current source snapshot.

What it cannot mean

A TVL move can be caused by deposits, withdrawals, incentives, or asset repricing. Fee, revenue, and volume rows help, but none of them make this financial advice.

Reported nominal TVL comes from the open DeFiLlama protocol list. Operating rows come from DeFiLlama fees, revenue, DEX, open-interest, and coins endpoints when the same slug is present. Bathymark deliberately avoids the heavy per-protocol history endpoint on this page so the long tail stays fast and cheap to serve.

Open data used

live

DeFiLlama protocols

Nominal USD TVL, category, chain coverage, and reported tide

live

DeFiLlama fees

24h and 7d user fees

Questions this page answers

What is Morpho Blue TVL in this snapshot?

Morpho Blue reports $7.86B in nominal USD TVL in Bathymark's current open-data read. That is a depth proxy, not measured exit liquidity.

Is Morpho Blue nominal TVL rising or falling?

Morpho Blue is deepening over 7 days, with a nominal TVL tide of +4.7%. Token-price effects are not removed.

Which chains does Morpho Blue operate on?

Morpho Blue is listed across Ethereum, Base, Robinhood Chain, Hyperliquid L1, Monad, Katana, and more.

What category is Morpho Blue in?

Morpho Blue is classified as Lending in the open protocol list Bathymark reads.

Read deeper

Liquidity TVL Lending Liquidity Tide, nominal TVL The Current

Taking the sounding

On-chain protocol liquidity profile

Morpho Blue

Lending · MORPHO

$7.86Breported nominal TVL

What this page answers

DeFi liquidity tracker What TVL means Data source and limits

Live operating read

Nominal TVL is the starting depth proxy. The read gets sharper when the same slug also has user fees, retained revenue, trading turnover, or leverage pressure in open data.

protocol desk

deepening

Morpho Blue's reported nominal TVL changed +4.7% over seven days, inside the steady band.

#9overall depth rank#2Lending rank12chains listed

pressure channels

7d nominal TVL tide+4.7%

Fee run-rate vs TVL+2.5%

Receipts and pressure

Fee run-rate

+2.5%

24h fees annualized against the visible TVL snapshot.

Desk notes

Reported TVL base

Morpho Blue ranks #9 by reported nominal TVL. Inside Lending, it ranks #2 among the comparable rows Bathymark reads.

Paid-activity receipts

Morpho Blue generated $3.68M in fees over 7 days. Fees are user payments, not token price direction.

Sails on

The chains this protocol operates across.

Ethereum Base Robinhood Chain Hyperliquid L1 Monad Katana Flare Stable World Chain Tempo Arbitrum Sei

Nearby depth

Other Lending rows in the same DeFiLlama category, shown so the absolute number has context.

Morpho Blue$7.86B Aave V3$14.07B SparkLend$3.64B JustLend V1$3.33B Maple$2.5B Compound V3$1.13B Venus Core Pool$1.07B

How to read Morpho Blue TVL

Current nominal TVL

The current reported TVL is $7.86B. Bathymark uses it as a depth proxy, not a measurement of exit liquidity or price-adjusted deposits.

Operating receipts

$536.5K of fees were visible over 24 hours, and $3.68M over 7 days.

Chain coverage

Morpho Blue is listed across 12 chains in the current source snapshot.

What it cannot mean

A TVL move can be caused by deposits, withdrawals, incentives, or asset repricing. Fee, revenue, and volume rows help, but none of them make this financial advice.

Open data used

live

DeFiLlama protocols

Nominal USD TVL, category, chain coverage, and reported tide

live

DeFiLlama fees

24h and 7d user fees

Questions this page answers

What is Morpho Blue TVL in this snapshot?

Morpho Blue reports $7.86B in nominal USD TVL in Bathymark's current open-data read. That is a depth proxy, not measured exit liquidity.

Is Morpho Blue nominal TVL rising or falling?

Morpho Blue is deepening over 7 days, with a nominal TVL tide of +4.7%. Token-price effects are not removed.

Which chains does Morpho Blue operate on?

Morpho Blue is listed across Ethereum, Base, Robinhood Chain, Hyperliquid L1, Monad, Katana, and more.

What category is Morpho Blue in?

Morpho Blue is classified as Lending in the open protocol list Bathymark reads.

Read deeper

Liquidity TVL Lending Liquidity Tide, nominal TVL The Current