Wu Blockchain (@WuBlockchain): Morpho Borrowers Paid $170M in Interest Over the Past Year
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Morpho Borrowers Paid $170M in Interest Over the Past Year According to Token Terminal, Morpho borrowers paid about $170M in interest over the past year. At a 10% take rate, that implies roughly $17M in annualized revenue against a $1.7B valuation. By comparison, Aave is generating about $140M in annualized revenue at a $1.5B valuation. https://x.com/tokenterminal/status/2043030132818919736?s=20