The Defi Morpho loan platform offers fixed and ultimately rate loans while allowing lenders and borrowers to define their own conditions.
The Decentralized Morpho decentralized loan platform has unveiled a new version of its product which adds a certain number of features, including fixed and ultimate rate loans, according to a blog article from the company published yesterday on June 12.
Morpho is currently the second larger loan protocol in decentralized finance (DEFI), with more than $ 6 billion of total locked value (TVL). Morpho TVL increased by 150% only after its token, Morpho, launched in November 2024. The native token of the protocol is currently negotiated nearly $ 1.40, down more than 8% today in the larger slowdown in the market, but up almost 10% this week.
Morpho V2 offers more tailor-made and more predictable loan conditions, bringing DEFI closer closer to traditional finance, wrote the co-founder of the platform, Paul Frambot, in the post. One of the objectives is to make DEFI more comfortable for companies and institutions interested in exploring chain finances.
Choose your own conditions
Morpho V2 has two central components, Morpho Markets V2 and Morpho Vaults V2. These are based on the conservation of immutable risks, without authorization and outsourcing of versions, but with new capacities.
Among these, there are liquidity, which means that lenders make offers instead of sending capital in loan pools, and borrowers are free to request tailor-made loan conditions, said Raspomb in the blog post.
“All loan offers are disseminated on a single world market, guaranteeing the best possible terms to users,” wrote Frambot. A facet of this is market -oriented prices rather than based on the market. Another is flexible loan conditions, allowing the use of unique active ingredients, several assets or even whole portfolios as collateral. This opens up the possibility of using active active ingredients and niche assets, instead of being stuck with unique asset loans.
The compatibility between the transverse chain means that lenders can make liquidity available on several channels like Ethereum, Base and OP MAINNET, said Morpho, allowing buyers to decide on which channel to settle.
Morpho should be deployed in phases, starting with VAULTS V2, then in the V2 markets, after the completion of the security audits.
Morpho V1 remains
Morpho V1 remains in place, because V2 is intended to be complementary rather than replacing it, indicates blog articles. Morpho V1 will always offer borrowings with variable rate, while V2 will focus on fixed rate borrowing.
“Users can choose their favorite approach – fixed or variable rates, specific duration or instant liquidity, minimum or tailor -made markets,” says post.
Morpho is at the origin of a certain number of loan programs for cryptographic companies, companies like Coinbase and a strike payment processor to supply their loan products.
As the Deviant previously reported, Frambot announced last week that Morpho Labs, the development company behind the loan platform, becomes a subsidiary in exclusive ownership of the Morpho Association, which means that it will finally belong to holders of Morpho token.
