Morpho sees record Bitcoin-backed borrowing on Base markets
The surge in Bitcoin-backed borrowing on Base highlights the growing integration of DeFi into mainstream finance, driven by platforms like Coinbase.
Sector
Lending/Borrowing Protocols
Lending/borrowing protocols allow users to offer crypto loans by staking their assets in them without the need for a bank account. Users are given rewards, usually in the form of the protocol’s native token.
$5.32BSector capitalization
-2.67%over 24 hours
$299.88MTraded in 24 hours
14Assets classified here
Reading a sector. Sector capitalization is the sum of its members’ market capitalizations. Members are assets CoinGecko classifies in this category; most assets belong to several categories, so sector totals overlap and must not be added together.
01
Constituents
| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
 AaveAAVE
|
$147.61 | -3.48% | -7.80% | $2.28B | $17.97B | $466.75M | 5.0× | -77.69% |
| 2 |
 MorphoMORPHO
|
$2.42 | -3.08% | +0.89% | $1.70B | $11.13B | $271.78M | 6.4× | -42.08% |
| 3 |
 OlympusOHM
|
$19.57 | -0.94% | -3.06% | $292.31M | — | $1.77M | 165.9× | -98.62% |
| 4 |
 KaminoKMNO
|
$0.0398 | +0.55% | +10.00% | $230.66M | — | — | — | -83.94% |
| 5 |
 Maple FinanceSYRUP
|
$0.1896 | -1.14% | -26.39% | $221.35M | — | — | — | -70.97% |
| 6 |
 CompoundCOMP
|
$21.79 | +0.56% | -11.36% | $217.91M | — | — | — | -97.45% |
| 7 |
 CapCAP
|
$0.0679 | -3.40% | -26.71% | $105.88M | $226.47M | $5.95M | 18.0× | -43.77% |
| 8 |
 SparkSPK
|
$0.0189 | -2.89% | -10.69% | $63.89M | — | — | — | -89.74% |
| 9 |
 VenusXVS
|
$2.96 | -0.35% | -5.45% | $49.98M | — | — | — | -97.98% |
| 10 |
 FOLKSFOLKS
|
$2.38 | +0.91% | +16.80% | $42.80M | — | — | — | -95.13% |
| 11 |
 Lista DAOLISTA
|
$0.0757 | +1.57% | -2.56% | $32.54M | — | — | — | -91.02% |
| 12 |
 COINDEPOCOINDEPO
|
$0.1182 | -2.16% | +2.80% | $32.40M | — | — | — | -7.55% |
| 13 |
 EulerEUL
|
$1.12 | -4.44% | -15.71% | $26.88M | $286.19M | $20.64M | 1.3× | -92.93% |
| 14 |
 Zest ProtocolZEST
|
$0.1797 | -4.17% | -1.52% | $26.23M | — | — | — | -48.17% |
02
Sector coverage
Recent stories about assets in this sector. Each story appears on one sector page only, so sectors that share members still carry different coverage.
Aave's proposed USAT gateway could cut off the return swap after a deposit
GHO would remain transferable, while a return swap, withdrawal of USAT and issuer redemption would each face separate conditions.
Two Aave stablecoin backstops shrank $12.4 million as reward rates rose
Two tracked Ethereum V3 Umbrella stakes fell 9.7%, while their implied annualized reward run rate stayed near $2 million.
Lido plans Morpho Blue fork ‘Lido Lend' for new lending protocol in Q4 2026
Lido's entry into lending could enhance DeFi's appeal to passive investors, but governance and risk management will be critical challenges.
Compound Foundation accused of ‘misappropriating’ DAO funds
The Compound Foundation has been accused of misusing funds to boost its voting power on two key proposals.