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$1.52 Billion Raised
Morpho Labs raised funds from investors like a16z Crypto and Coinbase Ventures. Originally, they launched Morpho Optimizer to improve interest rates on Aave and Compound. Now, they've evolved into independent financial infrastructure. Morpho Blue, their new decentralized lending protocol launched in October 2023, has reached $1.52 billion in total value locked by July 30.
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