In April, the user data of Morpho reached a new high, and the scale of encrypted lending in cooperation with Coinbase exceeded 130 million US dollars

According to BlockBeats, on May 5th, according to the monthly report of Morpho, the active loan scale of its cryptocurrency lending business in cooperation with Coinbase has exceeded 130 million US dollars, and the collateral scale has exceeded 270 million US dollars. In addition, Trust Wallet, the world's largest unmanaged software wallet, and Ledger, the hardware wallet, have made Morpho their default revenue option. Apollo's ACRED Leveraged Real World Assets (RWA) strategy has now been launched on Morpho, marking the first time private credit funds have used it in on chain structured products to enhance returns. Meanwhile, the World App has integrated Morpho, allowing its 25 million users to access lending services. On the Base chain, over 45% of cbBTC is stored as collateral and lending assets in the Morpho protocol.