Morpho

CASHCAT has more than doubled over the past week, recovering part of its post launch slide while remaining below its mid July high. Robinhood Chain activity is shifting as total value locked reaches about $774 million and tokenized real world assets rise to $100 million.

SEC Commissioner Hester Peirce said some crypto vaults and onchain lending strategies may fall within federal securities laws depending on how they are structured and managed. The comments weighed on Morpho’s token and sharpened the regulatory focus on one of DeFi’s fastest growing yield sectors.

Galaxy has introduced Galaxy Curator, a Morpho-based vault curation business designed to help institutions deploy idle stablecoins into onchain lending strategies. The product is distributed through Fireblocks Earn and applies institutional risk controls to DeFi markets while assets remain at the protocol level.

Bitcoin fell back toward $64,000 after touching a monthly high of $65,500, as traders locked in gains and fresh Iranian attacks on U.S. military bases in the Gulf weighed on risk appetite. Derivatives data showed bears driving activity across many tokens, while MORPHO stood out with a gain against the broader market slide.

Robinhood Chain has quickly become one of the busiest blockchain networks for decentralized exchange activity after its public mainnet launch. The early performance points to rising demand for tokenized equities, stablecoins and real-world asset use cases across DeFi.

Bitcoin and ether retreated more than 2% as renewed tensions between the U.S. and Iran pushed traders away from risk assets. Altcoins suffered deeper losses, with most crypto liquidations tied to smaller tokens as volatility rose across derivatives markets.

Standard Chartered has begun coverage of Morpho with a bullish end-2030 price target, arguing the protocol is positioned to benefit from tokenization and DeFi growth. The bank said Morpho’s lending and onchain infrastructure businesses could scale alongside a projected 37-fold expansion in DeFi assets.