Lido Lend targets a fourth-quarter launch, with collateral screening and reliable exits among its design goals. DAO votes and technical disclosures are still ahead.

The wallet app defaults to 50% loan-to-value and charges a 1% borrowing fee, while pledged collateral remains subject to liquidation.

The RLUSD and PYUSD vaults had about $8.46 million and $2.38 million of available liquidity, respectively, in Morpho’s latest snapshots.

Borrow Kit lets apps offer cirBTC-backed loans, while Onramp purchases require provider identity checks and regional eligibility.

The post from Morpho's official X account said most curator businesses are not self-sustaining from vault fees and that the business lives in private distribution agreements. It was deleted the same day. Aave founder Stani Kulechov called it the most bearish take for MORPHO holders. CEO Paul Frambot said a third-party artificial intelligence marketing tool published it.

Paul Frambot proposed splitting onchain vaults into "noncustodial" and "discretionary" categories for regulators. Aave founder Stani Kulechov called the split "self-serving," and vault builders said a timelock does not remove the manager.

The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.

USDC markets backed by WBTC and cbBTC are live, while roughly $5 billion held in Morpho Vaults remains unable to enter Midnight pending DAO action.

Morpho will deploy on HSK Chain and become its official onchain credit partner as the lending network pushes into Asia's institutional market.

The DeFi lender also released a new Markets App that lets users set their own rates and terms, starting on Base with more networks to follow.