Morpho PRIME collateral market deposits exceed $450 million
Original headline4억5000만달러 넘은 모포 PRIME 담보시장 예치액
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Morpho's PRIME-collateralized lending market has surpassed $450 million in deposits, according to a case study the protocol published this month, marking growing use of tokenized U.S. home-equity loan yield as DeFi borrowing collateral. The figure reflects capital supplied to the market that accepts PRIME as collateral, not Morpho's total deposits or PRIME's outstanding issuance. Sentora separately pegged Morpho's PRIME collateral at $270 million as of October 1, a borrower-supplied collateral value that is not directly comparable to the deposit figure. PRIME was created by Hastra in partnership with Figure ($FIGR), tying real-world mortgage returns to onchain credit markets. The numbers matter because they show tokenized real-world assets moving beyond holding into leverage, and the next thing to watch is whether deposit growth outpaces collateral value as borrowing demand and PRIME issuance evolve.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Morpho (MORPHO), PRIME, Centora, Hastra, Figure
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