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Morpho Hits $5B Loan Milestone as DeFi Lending Rival Closes In on Aave

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TL;DR: The decentralized lending protocol recorded an all-time high volume of $5 billion in active debt on September 1, 2026. Stablecoins represent 95% of total issued debt, with USD Coin (USDC) accounting for 62% of borrowed positions. Dep…

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Morpho Hits $5B Loan Milestone as DeFi Lending Rival Closes In on Aave
Crypto Economy 1h ago

Morpho Hits $5B Loan Milestone as DeFi Lending Rival Closes In on Aave

TL;DR: The decentralized lending protocol recorded an all-time high volume of $5 billion in active debt on September 1, 2026. Stablecoins represent 95% of total issued debt, with USD Coin (USDC) accounting for 62% of borrowed positions. Dep…