Morpho unveils Midnight, a fixed-rate credit protocol for DeFi
By Andrew Folkler from crypto.news Morpho has released its Midnight white paper, open-sourcing a fixed-rate, fixed-term credit protocol aimed at scaling on-chain lending beyond volatile variable-rate markets. What Midnight changes in DeFi credit Per exchange listings and aggregators, Morpho is currently DeFi’s second-largest lending protocol by total value locked (TVL), with roughly $7.7 billion in