Morpho’s price increase in the last 8 hours seems driven by a combination of protocol-specific news, institutional attention, and broader DeFi narratives, along with visible whale and trader activity.
Decentralized lending protocol Morpho has secured $175 million in new funding, highlighting persistent demand for DeFi infrastructure despite a series of recent setbacks for the sector.
Morpho price has risen more than 4% over the past 24 hours to around $2.04, extending its seven-day gain to roughly 5% as new DeFi integrations and a record exchange outflow have supported the latest move.
