Morpho CEO Proposes Vault Division Amid Criticism
Morpho (MORPHO)
Editor:
Eugene Serbin
cryptobriefing.com reports that Morpho CEO Paul Frambot has proposed dividing onchain vaults into non-custodial and discretionary categories. This structural change was proposed to address challenges in the protocol's risk curation business model. The announcement drew swift criticism from Aave, highlighting tensions within the DeFi sector.
The move suggests an effort to refine how assets are managed and secured within the Morpho ecosystem. By distinguishing between vault types, the protocol aims to clarify liability and operational control. This development comes as the broader market continues to evaluate protocol security and governance structures.
The proposal indicates a shift in how Morpho intends to handle custodial risks compared to its previous model. Stakeholders are now watching to see how this categorization impacts the protocol's overall stability and user trust.
How the market reacted
Whalio's own Binance spot order flow for MORPHO, measured when this story was written up on 25 September 2026. Not the outlet's figures.
Whalio's Binance spot data for Morpho shows a price of $2.82 with a 1-hour buy ratio of 58.5%. This short-term buying pressure is notably higher than the 4-hour ratio of 51.9% and the 24-hour ratio of 51.1%. The volume delta indicates active accumulation, with +$100,446 in the last hour and +$61,981 over four hours. Over the past 24 hours, the volume delta stands at +$240,357, while the cumulative volume delta closed at +$102,041. A buy ratio above 50% means buyers are executing more market orders than sellers, pushing the price up. The positive volume delta confirms that this buying activity is driving net inflows into the asset right now.
The latest daily buy ratio of 53.3% sits at the 70th percentile of the last 323 days, against a median of 51.0% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for MORPHO, averaged over the days leading up to the story.
The current 24-hour buy ratio of 51.1% is slightly below the 7-day average of 53.1% by 2.0 points. However, spot volume has surged to 1.52 times the average, indicating significantly higher activity than usual. Over the preceding week, the coin saw net buying on 5 of 7 days, contributing to an 8-day price increase of 26.9%. The total volume delta for that week reached +$2,667,150, showing sustained institutional or whale interest. While today's buying intensity is lower than the weekly average, the volume spike suggests a concentrated trading event rather than a steady trend.