Morpho: Powers credit infrastructure on Arc with $220M+ in day-one vaults - 16 Sep 2026

Morpho has launched as the credit infrastructure on Arc, powering earn and borrow use cases across the network. More than $220 million was put to work on day one through Morpho Vaults curated by Steakhouse, Bitwise, Gauntlet, Galaxy and other asset management firms.Day-one deposits at this scale give ARC and MORPHO a concrete usage data point tied to the network's lending layer from launch. The curator model, with institutional firms allocating across markets, distributes risk management rather than concentrating it with a single operator. For Morpho, the launch establishes a large existing base of deposits on a new network, which can compound as additional earn and borrow integrations follow on Arc.Onchain yield on , powered by Morpho$220M+ is already put to work via Morpho Vaults curated by .