Coinbase Announces Listing of Morpho

Coinbase, the largest cryptocurrency exchange in the United States, has officially announced the listing of Morpho (MORPHO).

According to the statement, Morpho will be supported on both the Ethereum and Base networks, which is owned by Coinbase. If liquidity conditions are met, transactions are expected to begin on or after 20:00 on February 27, 2025.

Morpho is recognized as a lending protocol that merges existing liquidity pool models used in platforms like Compound and AAVE with the capital efficiency of a P2P matching engine found in order books.

After the listing news, MORPHO saw an increase in value, becoming one of the few altcoins in the positive zone for the day.