TVL (current + 30d trend)

Morpho V1 (Morpho Blue + MetaMorpho)'s assessment for RD-F-063 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

TVL ~$6.6B as of 2026-04-27. Pre-KelpDAO-exploit peak ~$7.48B (early Apr 2026). 3x YoY growth. Ethereum ~$3.3B, Base ~$2.76B. Well above $100M threshold with strong growth trend.

Detail #

TVL from profile §4 DefiLlama search results: morpho-v1 showing $6.559B, morpho-blue showing $6.591B; coverage-list anchor $6.5B at 2026-04-20. Data cache defillama.tvl_usd returned null due to timeout. TVL trend strongly positive: deposits grew from $5B at Q3 2025 start to $13B by end Q3 2025 per Morpho 2025 annual blog, then settled to ~$6.6B post-KelpDAO correction (9.62% dip per search results). Growth rate 3x YoY confirmed by Morpho February 2026 report (2.9M ETH TVL). Green: TVL well above $100M, growing 30d trend confirmed.

Sources #

Internal
Protocol profile §4 TVLProfile §4 — TVL ~$6.6B cross-referenced from DefiLlama search results and coverage-list anchor $6.5B at 2026-04-20retrieved 2026-04-27
URL
The Morpho Effect 2025Morpho 2025 year-in-review: deposits $13B by Q3 2025 (260% growth); TVL 3x YoYretrieved 2026-04-27

Methodology #

Read current TVL in USD and 30-day trend using DeFiLlama adapter methodology.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol morpho-v1 factor RD-F-063 score green collected_at 2026-04-30 21:19:13