What is Morpho?

Morpho is a trustless and efficient lending primitive with permissionless market creation.

It enables the deployment of minimal and isolated lending markets by specifying:

• one collateral asset,
• one loan asset,
• a Liquidation Loan To Value (LLTV),
• an Interest Rate Model (IRM),
• and an oracle.

The protocol is trustless and was designed to be more efficient and flexible than any other decentralized lending platform.