Morpho is a protocol for lending and borrowing crypto. MORPHO is the governance token, and a fee switch that is meant to pass fees to holders is currently being activated.
Founders, investors, token distribution, lockups and unlocks at a glance, with sources and dates.
Who bought when at what price, and how much is still coming to the market.
The most important risks with evidence, plus how overheated Morpho is compared with its own history.
What speaks against the project and what to watch out for.
Tokenomics, team, risks and utility – six pillars, one grade. From the COMPASS plan.
See plansMorpho is a protocol for lending and borrowing crypto. MORPHO is the governance token, and a fee switch that is meant to pass fees to holders is currently being activated.
With an overall grade of 2.3 (64 out of 100) across six pillars: tokenomics, team, utility, security, execution and relevance. Grades range from 1.0 (very strong) to 5.0 (very weak). The reasoning for each pillar is inside CryptoCompass.
The all-time high of MORPHO is $4.17 (17 Jan 2025). On 1 Oct 2026, MORPHO trades at $2.47, which is 41% below it.
No. We rate the structure of the project, not the price. A good grade says nothing about whether the price is currently cheap. Not investment advice.
We rate the structure of the project, not the price. Not investment advice. Crypto is highly risky and a total loss is possible. Price data: CoinGecko, as of 1 Oct 2026.