If you’re an active Morpho user, you can now purchase Morpho Protocol Cover to protect crypto deposited in the Morpho protocol on EVM-compatible networks!
With Morpho Protocol Cover, you can protect against:
- Code being used in an unintended way (e.g., exploits, hacks)
- Economic design failure
- Severe oracle failure
- Governance attacks
Morpho is a decentralized peer-to-peer protocol layer built on top of lending pools such as Compound and Aave. Morpho protocol acts as a lending pool optimizer where users can participate as suppliers and borrowers.
The protocol is deployed on Ethereum mainnet.