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Stacy in Dataland (´⊙~⊙`) Stacy in Dataland (´⊙~⊙`) @muur_posts · 8.06K subscribers
Post #2656 547
Morpho defies DeFi slowdown with 86% USDC deposit growth – Link

Despite overall DeFi TVL falling 42% year over year, Morpho's USDC deposits rose 86% to $2.8 billion. The data points to continued demand for yield-bearing stablecoin lending even as the broader market deleverages.

Matters because: Capital is concentrating in higher-quality lending venues even while broader DeFi activity weakens.
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