Morpho price

🟥 Big news: @SocieteGenerale enters DeFi In the coming days, it will be possible to deposit euro stablecoin (EURCV) in a @MorphoLabs vault to generate yield This is the first time that the crypto subsidiary of the French bank (SG-FORGE) makes it possible to use its stablecoin in a DeFi infrastructure (built on Ethereum) Let me quickly explain how it works This "vault" is a storage available on the Morpho protocol, managed by the asset manager @MEVCapital 👉 Objective: optimize yields in euro The deposited EURCV is lent to generate interest. The idea is to provide a yield alternative for those holding euro stablecoins. The level of yield is not yet known (but we will know very soon). 👉 Counterparties (accepted collateral) On the other side, borrowers who want to obtain these EURCV must provide guarantees, meaning assets approved by the stakeholders. In this case: -BTC (bitcoin) - wstETH (staked ether) - EUTBL: European Treasury bonds tokenized by the startup @Spiko_finance To summarize: this vault serves to lend EURCV to borrowers who leave Bitcoin, staked Ether, or tokenized real assets as collateral. The investor who provides EURCV earns a yield (in euro), while the borrower accesses euro liquidity without selling their assets This system is a milestone as it's the first time a Tier 1 bank has gone this far in the direct use of DeFi Admittedly, SG's deposit is "only" 5 million euros, but it heralds an important paradigm shift We'll tell you more about it soon on @TheBigWhale_ Vault adress : Thanks @DocMarmott for the find !

The Cap (Covered Agent Protocol) is a stablecoin protocol that provides credible financial guarantees. @capmoney_ It offers two main products: ➡️ cUSD, a digital dollar backed 1:1 by regulated blue chip stablecoins (like USDC and USDT) ➡️ stcUSD, a yield-bearing savings product. stcUSD is created by staking cUSD, and it guarantees full downside protection for yield generation risk, which is verifiable by code. @capmoney_ Looping stcUSD, PT-stcUSD, and PT-cUSD on Morpho @MorphoLabs is an almost magical tool available to DeFi users who want to further put their capital to work. When executed with discipline, it transforms any position into an outsized return by responsibly harnessing leverage and elegantly implementing money lego composability. By combining Morpho’s efficient lending markets with Pendle’s yield-tokenization, users can construct looping positions that dramatically amplify returns on stcUSD, PT-stcUSD, and PT-cUSD positions. ➡️ Example: Looping PT-stcUSD Let’s say you start with $1,000 in stcUSD and want to loop into PT-stcUSD on Morpho. Initial Deposit Deposit $1,000 stcUSD into Morpho as collateral. First Borrow Borrow $900 cUSD (90% LTV for simplicity). Swap $900 cUSD → $900 PT-stcUSD. Your position: $1,000 collateral + $900 PT exposure. Second Loop Deposit the $900 PT-stcUSD back as collateral (via Pendle + Morpho). Borrow $810 cUSD against it. Buy $810 more PT-stcUSD. Position: $1,000 + $900 + $810 = $2,710 PT exposure. Repeat the Cycle Each loop, you borrow 90% of the prior amount and buy more PTs. After 5 loops: ~$5,868 PT exposure. After 9 loops: ~$8,783 PT exposure.