- MORPHO token price increased 15% intraday on April 1, 2026.
- The surge followed the launch of a PayPal USD (pyUSD) vault on the Morpho protocol.
- The integration aims to enhance liquidity and utility within the Morpho ecosystem.
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Morpho price jumps 15% on pyUSD vault launch
The price of the MORPHO token rose 15 percent intraday on April 1, 2026, following the launch of a new vault for PayPal’s pyUSD stablecoin on the Morpho Protocol, a decentralized finance (DeFi) lending platform on Ethereum.
Data from the crypto analytics platform CoinGecko shows the MORPHO price reached a high of $0.58 during the European trading session. The integration of pyUSD, a stablecoin backed by PayPal and issued by Paxos, allows users to lend and borrow the asset on Morpho’s platform, according to a statement from the project.
The addition of the pyUSD vault is expected to increase liquidity and user trust in the Morpho protocol. According to data from DefiLlama, Morpho’s Total Value Locked (TVL) stood at $1.1 billion prior to the announcement. The pyUSD integration could attract new users seeking to utilize the stablecoin within the DeFi ecosystem, potentially leading to a higher TVL.
This move places Morpho in a competitive position within the DeFi lending market, which includes established players like Aave and Compound. The protocol's ability to attract and retain liquidity for prominent stablecoins like pyUSD will be a key factor in its long-term growth and the sustained price momentum of its native MORPHO token.
This article is for informational purposes only and does not constitute investment advice.
