[Morpho Secures $775 Million in Deposits from Stable and Adds Support for Optimism] According to a report by Jinse Finance, the DeFi lending platform Morpho has secured $775 million in deposits from Stable (a blockchain for stablecoins supported by Bitfinex). The platform revealed in a post on X (formerly Twitter) on Wednesday morning that these funds will be managed by the treasury overseen by risk management firm Gauntlet and allocated across multiple vaults within Morpho. Based on total value locked (TVL), Morpho is currently the eighth-largest DeFi protocol. Morpho also announced today that its application now supports Ethereum Layer 2 scaling solution Optimism. According to DeFi data platform DeFiLlama, the current total value locked (TVL) in the Optimism ecosystem's DeFi protocols is approximately $350 million.