News linked to both this project and an event.
According to official news from Apyx, during the recent Bitcoin decline, as STRC hit its historical maximum drop, the secondary market price of apxUSD fell to $0.90. Throughout the event, the protocol remained solvent, and no bad debts were generated in the Morpho lending market.In response to issues exposed during this stress test, such as inaccurate overnight liquidity and net asset value display, Apyx officially announced Apyx 2.0. This version introduces two independent metrics—redemption value and total collateral value—to eliminate the first-mover arbitrage option associated with NAV-based redemptions.Furthermore, Apyx 2.0 will launch a new RFQ redemption system, allowing approved counterparties to provide redemption execution around the reserve through competitive bidding. The team also officially committed that if apxUSD deviates from NAV by more than 2% in the future, a public status update will be released within 2 hours.
Recently, the decentralized stablecoin USDD officially announced that the PT-sUSDD/USDT and PT-sUSDD/USDC markets have gone live on Morpho. Users can swap USDT for PT-sUSDD on Pendle, then collateralize PT-sUSDD on Morpho to borrow USDT or USDC and obtain liquidity. This strategy is supported by Gauntlet. Currently, the borrowing rates for related vaults are low; combined with PT-sUSDD’s annualized yield, there is room for leveraged (i.e., “looped”) lending operations. Theoretically, looping 10 times could generate an annualized return of nearly 30%. Users may participate according to their individual risk appetite.
According to official announcements, Bondify—the RWA liquidity protocol under the CIAN ecosystem—has officially launched (Bondify.xyz). Bondify is positioned as structured-product infrastructure for RWAs and yield-generating on-chain assets, aiming to transform inherently illiquid and hard-to-trade leveraged loop positions into portable, priceable, and tradable on-chain yield and position instruments. At launch, Bondify will initially support the native loop-position migration of Saturn sUSDat/AUSD on Morpho. For users who have already established loop positions on Morpho, migrating to Bondify enables them to sell future yield or points exposure from their positions ahead of time via Yield Tokens (YTs), thereby locking in part of their value upfront while retaining their original risk exposure. For users bullish on Saturn/STRC points or yield expectations but unwilling to set up full loop positions themselves, purchasing YTs allows them to gain yield/points exposure over a defined period with minimal capital outlay. Additionally, Bondify provides standardized loop-position representation and secondary-market trading capabilities, offering existing loopers more flexible options for position transfer and exit.
Morpho announced on X platform the release of the Morpho Midnight whitepaper, unveiling a new non-custodial protocol specifically designed for fixed-rate, fixed-term credit markets. Meanwhile, the complete Midnight codebase has been open-sourced, and developers can directly access it via GitHub.
the "Transparency Alliance," initiated by Blockworks, has been officially established, garnering support from over 40 crypto enterprises including Coinbase, Kraken, and Binance.US. The alliance aims to jointly develop unified token information disclosure standards to enhance market transparency and attract institutional capital. Based on Blockworks' Token Transparency Framework, the alliance seeks to establish a standardized information disclosure mechanism for crypto assets, similar to that of the stock market, enabling investors to gain a clearer understanding of token structures and risks.Reportedly, the framework covers details such as token issuance structure, internal holdings allocation, market maker arrangements, exchange listing terms, and repurchase mechanisms. It distinguishes between two types of document systems: "one-time pre-issuance disclosure" and "ongoing update disclosure." To date, 44 projects, including Morpho, Jupiter, Spark, and dYdX, have completed the relevant filings.Industry insiders point out that this initiative aims to establish a unified information infrastructure for the crypto market to meet institutional investors' demands for transparency and compliance. Blockworks stated that it has communicated with relevant personnel from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Analysts believe that this alliance signifies the crypto industry is accelerating its shift towards an "institutionalized information disclosure system." However, its ultimate impact will depend on whether the market translates these disclosure standards into widespread industry consensus. (CoinDesk)
: Base, the Ethereum scaling network incubated by Coinbase, has launched Base MCP, aiming to connect AI interfaces with Base wallet infrastructure.Through this integration, users can use natural language commands in AI tools that support the MCP open standard to complete token swaps, fund transfers, and interact with Base ecosystem applications. Supported AI interfaces include Claude, ChatGPT, Cursor, and others.Base MCP will serve as a secure gateway between user Base accounts and AI interfaces. At its initial launch, it will connect with applications such as Morpho, Bankr, Moonwell, Avantis, Aerodrome, Virtuals, and Uniswap, covering scenarios including lending, swaps, perpetual contracts, new tokens, and AI Agent issuance.MCP stands for Model Context Protocol, originally proposed by Anthropic, and is an open standard for connecting AI models with external tools and data sources.
: According to official sources, Base MCP has been officially launched. Users can connect their Base account to an AI interface to perform swaps, transfers, track their portfolio, and participate in the Base ecosystem via chat. The service supports projects like Morpho, Moonwell, Aerodrome, Bankr, Avantis, Virtuals, and Uniswap upon launch, covering areas such as lending, swapping, and perpetual contracts.Users can install it through AI clients that support MCP and authenticate using their Base account. All transactions initiated by the AI agent require users to manually confirm or cancel them. Base MCP builds its authentication based on the OAuth 2.1 standard, generates wallet request links via the store request function, and the MCP server does not hold or access users' private keys.
Stable, a blockchain focused on USDT payments, launched its yield product StableEarn on May 26, expanding its business from stablecoin payments to fund management. The first vault has gone live on Morpho, with crypto risk management firm Gauntlet responsible for configuring deposited assets within Morpho’s lending markets and managing risk parameters and rebalancing. The product targets neobanks, fintech companies, payment processors, and individual users. The first vault is powered by Theo’s products, featuring strategies including tokenized U.S. Treasury exposure (thBILL), interest-bearing gold tokens backed by loans to jewelers (thGOLD), and an interest-bearing stablecoin built on gold derivatives (thUSD).
MoonPay has announced the launch of a new platform, MoonPay Trade, designed for banks, fintech companies, and enterprise clients. It provides unified access to tokenized assets, decentralized finance (DeFi) protocols, and stablecoin liquidity across over 200 blockchain networks.The platform is powered by Decent.xyz, a cross-chain routing infrastructure company recently acquired by MoonPay for a reported "high eight-figure USD amount." MoonPay stated that this product will serve as the core execution layer for its institutional business, MoonPay Institutional, which is led by former Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham.MoonPay Trade will support subscriptions for tokenized funds, collateral transfers, and integrations with DeFi protocols such as Aave, Morpho, and Maple Finance, enabling institutions to conduct lending and yield generation operations directly on-chain.Industry data shows that the current scale of tokenized real-world assets (RWA) has exceeded $33 billion, growing threefold within a year. Traditional financial institutions, including BlackRock, Franklin Templeton, and JPMorgan, have successively launched tokenized fund products, accelerating the influx of institutional capital into on-chain finance.MoonPay stated that as institutions continue to advance their tokenized asset strategies, its goal is to provide traditional financial institutions with the infrastructure capabilities for compliant access to on-chain markets through a unified interface. (CoinDesk)
According to The Block, crypto market maker Wintermute has launched Armitage, a DeFi treasury curation platform offering non-custodial treasuries tailored to varying risk appetites to access decentralized lending opportunities. Wintermute stated that, leveraging its market-making operations and liquidation execution capabilities, Armitage can accept “collateral types unsupported by other curators.” The announcement notes that user deposits require no KYC, and users retain full control over their funds. As institutions continue to deploy treasury strategies on Ethereum-based Morpho, Solana-based Kamino, and others, treasuries are becoming a key tool for institutional participation in crypto markets.
Tempo has announced the integration of the DeFi lending market Morpho, bringing a $7.5 billion lending market to its network. The project's main business is to provide fintech companies and enterprises developing on the Tempo chain with the ability to lend directly on-chain and earn yields on idle stablecoins.The lending system for Morpho on Tempo will feature customized markets provided by risk firms Gauntlet and Sentora, and will use RedStone oracles for pricing. (coindesk)
Coinbase announced the expansion of its on-chain crypto-backed lending product, adding Solana as a supported collateral asset. Users can now borrow up to $100,000 in liquidity based on their SOL holdings. The service operates on the Morpho lending infrastructure deployed on the Base network, consistent with the structure of previously supported loans backed by Bitcoin, Ethereum, and other crypto assets.Ben Shen, Head of Financial Services at Coinbase, stated that introducing SOL as a collateral asset will enhance capital efficiency and the liquidity experience for users within the Solana ecosystem, while strengthening its "Everything Exchange" strategy—covering more crypto financial scenarios through a single platform. (The Block)
Odaily reports: 3F, a vault protocol built on the decentralized lending protocol Morpho, has completed a total of $4 million in funding. The round was led by Maven 11, with participation from F-Prime, GSR, Gate Ventures, and other institutions. The company did not disclose its specific valuation.Built on top of Morpho, 3F aims to provide users with leveraged exposure to RWAs through a "one-click" operation. Users simply select their target asset and desired leverage multiple, and the protocol automatically executes the entire position-building process: purchasing the underlying asset via short-term bridge financing, depositing it as collateral on Morpho, and borrowing stablecoins to repay the financing.Essentially, this mechanism simplifies the traditional "looping" process in DeFi, which involves repeatedly buying assets, depositing them as collateral, borrowing, and reinvesting. While this process can be executed efficiently via flash loans in purely crypto-native assets, it is typically more complex and less efficient in the RWA context due to issues like settlement delays.3F is expected to officially launch in the second quarter of this year.
According to an official announcement, Coinbase has launched its crypto-backed lending service in the UK, enabling users to borrow USDC in under one minute using BTC, ETH, and cbETH as collateral. The service is powered by Morpho, an open-source lending protocol built on Base. Coinbase stated that this product first launched in the U.S. in January 2025. As of April 14, 2026, loans facilitated via Coinbase’s integration with Morpho have exceeded $2.17 billion in USDC. Users can monitor their loan health, historical annualized interest rates, and liquidation alerts directly within the Coinbase app. Interest rates are dynamically adjusted based on market conditions.
Odaily News: The Ethereum Community Hub, supported by the Ethereum Foundation, has announced it will be held in Hong Kong at 1:30 PM on April 21st. ETH HK HUB is Asia's first offline Ethereum community Hub, supported by the Ethereum Foundation and jointly operated by SNZ and ETHTAO, aiming to build a collaborative hub connecting Asia with the global Ethereum ecosystem. The event will cover areas including: ZK, privacy computing, AI × blockchain, stablecoins and payments, on-chain liquidity, and more.Participating institutions and projects include Sharplink, Brevis, Primus, HashKey Chain, Chainlink Labs, Lido Finance, Galaxy Digital, SignalPlus, Morpho, Animoca Brands, EVG, Zand Bank, Pay Protocol, and others. Guests include Vitalik Buterin, Aya Miyaguchi, and more.
According to Cointelegraph, Fireblocks, an enterprise-grade digital asset infrastructure platform, has launched a new feature called Earn, enabling institutional clients to allocate stablecoin balances into on-chain lending strategies supported by Aave and Morpho to improve the efficiency of idle capital utilization. The product’s initial integrations include the Morpho vaults curated by Sentora and the Aave stablecoin lending markets, and it is now available to Fireblocks customers via Early Access. Fireblocks notes that yields are generated by the underlying protocols and are variable—not guaranteed—and may be zero. Data shows that Aave and Morpho are currently the two largest decentralized lending protocols by total value locked (TVL).