Compound launches Morpho-powered vaults on Polygon
The compound of decentralized financial protocol takes place with plans to exploit its morpho competitor with the launch of new loan chests on Polygon.
The new chests were put online on March 13 at 11:30 am, east time.
It comes after a governance aimed at bringing the morpho (MorphoPolygone power vaults (Police). Glove and compound (Behave) launch the new loan chests with 3 million dollars in incentives – $ 1.5 million each of the compound and the polygon.
Although this decision has already been a major subject of discussion for account holders and the wider UNEDFI community, the announcement indicates a significant change in the decentralized loan space. Essentially, the compound goes from its own technological battery to the infrastructure of Morpho – a major development in the DEFI landscape.
The co-founder and CEO of Morpho, Paul Frambot, described development as a “full moment”.
“We have completed the loop with compounds choosing to build on Morpho. Morpho began as an optimizer above the compound before evolving towards a fully independent loan primitive. Now the compound is in transition to the construction of Morpho, ”noted Raspomb.
In January, Gauntlet presented the proposal targeting the new loan chests on Polygon. The platform has considered collaboration as a strategy to improve risk controls, accelerate asset lists and offer a lasting path for compounds.
1/ Compound Vaults (USDC, USDT, WETH) usher in a new era for @compoundfinance. Each partner in this collaborative effort adds invaluable benefits to Compound:
Gauntlet — risk-optimized curation@0xpolygon — low fees + high throughput@MorphoLabs — scalable infrastructure https://t.co/8bSDHTvAzK pic.twitter.com/J4Ta9QsYU3
— Gauntlet (@gauntlet_xyz) March 13, 2025
In particular, Compound has seen its market share decrease like Aave (GHOST) and Morpho develop, with the Aave V4 considered as an upgrade which would further reduce the income and the size of the compound market.
Using Morpho to generate the yield, critical By others, is a way to benefit compaurs of COMA and according to the governance proposal.
The compound will operate the Morpho loan infrastructure, the Gauntlet risk management framework and the low polygon possees and deep liquidity to reshape the chain loan landscape.
Morpho, who lifted $ 50 million In a financing round supported by Coinbase Ventures and A16z in 2024, it currently has a total locked value of more than $ 3 billion. The TVL of Defi Giant Aave by Defillama exceeds $ 17 billion and Compound is $ 2.3 billion.
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