Victoria, Seychelles, November 22nd, 2024,
Chainwire
Bitget, the leading cryptocurrency exchange and Web3
company, has listed Morpho (MORPHO) in its Innovation and DeFi
Zone. Deposits and trading for MORPHO are now open. Users can
access the MORPHO/USDT trading pair via the spot trading
corridor.
Morpho is a leading decentralized lending protocol built on
Ethereum and Base networks, boasting a total value locked (TVL)
exceeding $1.3 billion. Backed by a strong financing history,
Morpho secured $50 million in funding as recently as August 2024,
following an $18 million seed round in 2022. Renowned investors
such as a16z, Coinbase Ventures, and Pantera Capital have supported
the project.
As one of the most highly rated DeFi platforms, Morpho holds a
DeFi Safety score of 98%. Its protocol offers permissionless
lending with some of the most competitive rates available,
appealing to a diverse user base. The platform’s user engagement
remains strong with over 12,000 unique active wallets recorded in
the past 30 days and more than 53,000 users eligible for rewards.
Morpho's tokenomics shows sustainable growth and community
engagement. Of the total token supply of one billion, strategic
allocations have been made for ecosystem development, strategic
partners, and community rewards. The token’s vesting schedules
ensure a gradual and responsible distribution model, enhancing
long-term stability.
The inclusion of MORPHO on Bitget's platform aligns with the
exchange's strategy to offer users access to innovative and secure
DeFi projects. This listing provides traders with new opportunities
to engage with a leading protocol in the decentralized lending
space. Bitget remains committed to expanding its portfolio with
quality assets, ensuring a diverse and secure trading environment
for its users.
For more information on Morpho, users can visit here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over
45 million users in 150+ countries and regions, the Bitget exchange
is committed to helping users trade smarter with its pioneering
copy trading feature and other trading solutions, while offering
real-time access to Bitcoin price, Ethereum price, and other cryptocurrency
prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto
wallet that offers an array of comprehensive Web3 solutions and
features including wallet functionality, token swap, NFT
Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through
strategic partnerships, such as its role as the Official Crypto
Partner of the World's Top Football League,
LALIGA, in EASTERN, SEA and LATAM market, as well
as a global partner of Turkish National athletes Buse Tosun
Çavuşoğlu (Wrestling world champion), Samet
Gümüş (Boxing gold medalist) and İlkin
Aydın (Volleyball national team), to inspire the global
community to embrace the future of cryptocurrency.
For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject
to fluctuation and may experience significant volatility. Investors
are advised to only allocate funds they can afford to lose. The
value of any investment may be impacted, and there is a possibility
that financial objectives may not be met, nor the principal
investment recovered. Independent financial advice should always be
sought, and personal financial experience and standing carefully
considered. Past performance is not a reliable indicator of future
results. Bitget accepts no liability for any potential losses
incurred. Nothing contained herein should be construed as financial
advice. For further information, please refer to Bitget's Terms of Use.
Contact
PR
Simran
Bitget
media@bitget.com