{"id":409858,"date":"2025-11-01T12:18:01","date_gmt":"2025-11-01T06:48:01","guid":{"rendered":"https:\/\/dripp.zone\/news\/morpho-gets-775-million-of-pre-deposits-from-stable-adds-support-for-optimism-crypto-news\/"},"modified":"2025-11-01T12:27:57","modified_gmt":"2025-11-01T06:57:57","slug":"morpho-gets-775-million-of-pre-deposits-from-stable-adds-support-for-optimism-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/morpho-gets-775-million-of-pre-deposits-from-stable-adds-support-for-optimism-crypto-news\/","title":{"rendered":"Morpho Gets $775 Million of Pre-Deposits from Stable, Adds Support for Optimism – Crypto News"},"content":{"rendered":"

Yield trading protocol Pendle has also unveiled new Stable-based markets.<\/p>\n

\n

Decentralized finance (DeFi) lending platform Morpho<\/a>, which has a total value locked (TVL) of nearly $8 billion, has received a $775 million pre-deposit from Stable, the Bitfinex-backed stablechain. <\/p>\n

The funds are set to be managed across vaults curated by risk manager Gauntlet<\/a> and will be split between several Morpho vaults, the app revealed in a post on X<\/a> on Wednesday morning. Morpho is currently the eighth-largest DeFi protocol by TVL.<\/p>\n

The move reflects a larger trend of capital moving into protocols that offer managed yield strategies. Currently, DeFi\u2019s total TVL stands at $161 billion, up from $93 billion in April.<\/p>\n

Morpho also revealed today<\/a> that its app will now support Optimism, an Ethereum Layer 2 scaling solution. Optimism currently has a DeFi TVL of around $350 million, per DeFiLlama. <\/p>\n

To attract deposits, Morpho is giving out 300,000 OP tokens in incentives starting today. OP is trading at $0.439, down 3.4% on the day but up 4% over the week, according to CoinGecko. <\/p>\n

Stable Controversy <\/h2>\n

The news comes just days after Stable\u2019s controversial vault launch<\/a>. When Stable opened its $825 million vault, more than half was already filled by wallets linked to the team before the public could deposit. The situation drew widespread criticism in the DeFi community.<\/p>\n

Stable has since revealed<\/a> that it will accept a second round of deposits sometime next week, with the launch time disclosed 24 hours in advance.<\/p>\n

New Pendle Markets<\/h2>\n

Also today, DeFi protocol Pendle, which has a TVL of $7.4 billion, announced that Stable vaults are now live. Pendle introduced two new yield pools, ctStableUSDT and ctStablefrxUSD, set to mature on Nov. 20, 2025.<\/p>\n

The pools let people earn fixed interest on their stablecoin deposits, Pendle\u2019s team said in a post on X<\/a>. \u201cWith Pendle’s fixed yield infra, those savings can now be a lot more powerful,\u201d the team added. <\/p>\n

They have the same deposit limits as the underlying Concrete vaults, so once the limit is reached, only existing vault holders can add more.<\/p>\n

\u201cWith Stable providing the rails for institutional and widespread adoption of stablecoins, and Pendle powering the yield economy, the foundation for scalable, real-world DeFi is taking shape,\u201d Pendle said. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Yield trading protocol Pendle has also unveiled new Stable-based markets. Decentralized finance (DeFi) lending platform Morpho, which has a total value locked (TVL) of nearly $8 billion, has received a $775 million pre-deposit from Stable, the Bitfinex-backed stablechain. The funds are set to be managed across vaults curated by risk manager Gauntlet and will be […]<\/p>\n","protected":false},"author":2,"featured_media":409861,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-409858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=409858"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409858\/revisions"}],"predecessor-version":[{"id":409863,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409858\/revisions\/409863"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/409861"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=409858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=409858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=409858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}