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With more than $6 billion worth of deposits and deployments on 19 chains, Morpho is among the largest and most far-flung DeFi lending protocols.
It's an interesting time to zoom in on the project, as the team just unveiled Morpho V2. This updated system will complement the V1 protocol and offer fixed-rate, fixed-term onchain loans via intents.
That said, the new central components—Markets V2 and Vaults V2—are undergoing their final auditing phases now, but you don't have to wait for these rollouts to try Morpho as their V1 counterparts are live and powerful in their own right.
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