
yyy|Oct 14, 2025 06:46
On 10/11, the black swan event caused the total TVL across the network to plummet by 10% in a single day. However, in less than 2 days, the total TVL managed a V-shaped recovery, regaining nearly 70% of the lost ground.
The top blue-chip DeFi protocols were largely unaffected, with standout protocols like @eigenlayer in the re-staking sector, @ethena_labs in the stablecoin sector, and @MorphoLabs in the lending sector.
@MorphoLabs, known as the most expansive multi-chain lending protocol across the network (besides major public chains, Morpho also supports popular chains like Hyperliquid L1 and @katana, one of Polygon's strongest breakout projects), showed strong resilience in both on-chain TVL and its native token MORPHO, with a rapid V-shaped rebound.
The protocol's native token MORPHO has been gaining recognition. Recently, it was listed on @binance spot trading and airdropped to BNB holders. The airdrop covered users participating in fixed-term savings, flexible savings, and on-chain earning programs. With this, the final piece of the puzzle for the top 10 DeFi protocols’ native tokens being listed on Binance spot trading is complete.
https://www.(binance.com)/zh-CN/bnb
Where will @MorphoLabs expand to next in its multi-chain journey? Blind guess: @monad.
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