MO
Morpho
Morpho is a DeFi lending stack built in two layers. Morpho Blue is a tiny, mostly immutable engine for isolated loan markets. MetaMorpho vaults sit on top so curators pick markets and you just deposit for yield. Think “Aave-like deposit UX” with less shared-pool contagion and often tighter rates. TVL sits in the multi-billion range and trails only Aave among pure lenders. You trade DAO risk-parameter theater for curator-selection homework.