Morpho hits $2.3B valuation via SteakhouseFi and Coinbase integrations
Morpho (MORPHO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Morpho has reached a valuation of $2.3 billion, a milestone highlighted by @SteakhouseFi. This growth is attributed to strategic integrations with major platforms including Coinbase and Robinhood. These institutions are leveraging Morpho’s decentralized lending capabilities to enhance user experience.
The lending infrastructure operates independently of traditional governance structures, offering streamlined access for users. This development underscores the increasing traction of decentralized finance solutions within mainstream finance. Despite the valuation confirmation, the report notes that Morpho currently shows no active trading volume.
This absence of volume may indicate thin market conditions surrounding the announcement. The lack of price movement does not overshadow the strategic milestones achieved through these fintech integrations. Potential investors are evaluating Morpho’s long-term growth prospects within the evolving decentralized finance landscape. The broader crypto market is exhibiting mixed signals with various assets showing fluctuations in momentum.
How the market reacted
Whalio's own Binance spot order flow for MORPHO, measured when this story was written up on 1 October 2026. Not the outlet's figures.
Whalio data shows Morpho trading at $2.50 with a spot volume of $6,083,212 over the last 24 hours. The 24-hour buy ratio stands at 44.8%, indicating that selling pressure has slightly outweighed buying in the longer term. However, the 1-hour buy ratio has risen to 51.6%, suggesting that short-term buying pressure is building compared to the 4-hour ratio of 49.0%. The volume delta reflects this shift, showing a positive +$4,079 in the last hour versus a negative -$24,852 over four hours. This indicates that recent trades are favoring buyers, reversing the negative trend seen over the previous four-hour window. Over the full day, the volume delta remains negative at -$631,461, with a CVD of -$44,521, showing that net selling has dominated the day despite the recent intraday shift.
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.
Over the preceding week, Morpho saw a 7-day average buy ratio of 52.6%, which is higher than the current 24-hour ratio of 44.8%. This 7.8-point drop indicates that today is an unusual day with weaker buying interest compared to the weekly average. Volume over the last 24 hours is at 0.90x the average, showing slightly lower activity than typical days. The coin has declined 2.8% over the last eight days, with a total volume delta of +$1,564,059 for the period. While the weekly trend was net buying for six of seven days, the current 24-hour metrics show a distinct shift toward net selling.