# Morpho (MORPHO), read Nov 5, 08:02 UTC

- Code: 357+ commits in 90 days from 16 people, morpho-org
- Fees, 30 days: $25.5M
- Price: CoinGecko $2.25; CoinMarketCap $2.25; Agree ×1
- Circulating supply: CoinGecko 704M; CoinMarketCap 536M; Split ×1.31
- Market cap: CoinGecko $1.58B; CoinMarketCap $1.21B; Split ×1.31
- 24h volume: CoinGecko $21.8M; CoinMarketCap $23.8M; Drift ×1.093
- The gap comes from supply. Prices match within <0.1%, so the two sources count different amounts of the token as circulating.
- Paper → real: About $1.44B of $2.25B is real. Selling everything at 2% a day would take 409 days.
- Paper (all tokens) $2.25B; Market cap $1.58B; Real $1.44B
- Leverage: $28M in open futures, 1.8% of the market cap. Closing them all by force would take 7.2 days of 2% sell depth.
- Futures volume: $13.9M · 0.6× the spot volume · open interest turned over 0.5×; Funding, 8h: +0.0062% · longs pay shorts
- Liquidated, 24h: longs $28.4 · shorts $0
- Where Hyperliquid positions get liquidated: within 5%: longs $0 below · shorts $0 above
- On-chain: The contract owner keeps some powers. Deployed on 4 chains, so one contract’s supply isn’t the token’s supply.
- Supply: chain 1B · CG 1B · CMC 1B
- Owner powers: upgradeable
- Top 10 wallets: 9% of supply · 24.3K holders
- Unlocks, 30 days: $21.6M · 0.99 days of trading; Next cliff Nov 20, 2026
- Where it lives: 6 tokens under its ticker that no list knows
- Home contract: Ethereum 0x58d97b57bb95320f9a05dc918aef65434969c2b2
- 3 official deployments
- Unknown: Solana Morpho2VPeTr2E1Jx6monxCzF7mqwUnjz74RdwLXYyP, $206K
- Unknown: Solana Gcjh6Z2EiA8sV7SyaY5cCyzkPYLcrVDWUHgefu2BV4ck, $24.1
- Unknown: Base 0x1e6eA84B12c8EAc9212667a1697816E9A8a68721, $5.02
- Unknown: Ethereum 0x62234025C12cdD5C0187f674E068840A85de90e7, $3.93
- We show what each source says. We don’t say which one is right.

Page: https://cryptocoinstat.io/en/token/morpho
