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Morpho Watch

Morpho on every network

Morpho's lending contracts are deployed separately on each network, so a vault or market on Base is not the same as one on Ethereum, and rates differ between them. Pick a network to see its vaults, markets and best rates.

Data from Morpho's API ยท updated

Networks

13

with listed vaults or markets

Largest network

Ethereum

$2.71B supplied in markets

Supplied in markets

$5.97B

all networks

Deposited in vaults

$6.08B

all networks

Networks by size

Click a column to sort. Markets and vaults listed in the Morpho app only.

NetworkSuppliedBorrowedIn vaultsMarketsVaults
Ethereum $2.71B $2.42B $3.05B 224 162
Base $2.29B $2.06B $2.11B 63 54
Robinhood Chain $509.7M $451.8M $510.1M 5 2
Arc $181.1M $173.2M $155.7M 5 13
Monad $155.9M $139.9M $111.6M 30 17
HyperEVM $67.11M $56.67M $41.87M 34 20
Katana $20.34M $16.98M $19.91M 22 15
Stable $16.53M $15.00M $22.08M 2 2
Tempo $504K $470K $36.80M 1 2
Arbitrum $9.24M $6.89M $10.69M 15 9
OP Mainnet $3.42M $3.03M $3.41M 5 3
Polygon $873K $843K $1.31M 5 5
Unichain $941K $758K $430K 3 2

Why the same asset pays differently on each network

Each network has its own pool of lenders and borrowers. When borrowers on one network want more USDC than lenders there supply, the rate rises on that network only. Moving money between networks takes a bridge and carries its own risk, which is why the gaps can last. See how Morpho interest rates work.