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Morpho's Arc deposits pass $500 million

Morpho reported more than $500 million deposited on Arc; its October 4 dashboard showed $507,988,084 in deposits, while separate lending and TVL measures remained materially lower.

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Technical illustration

Morpho said on October 2 that more than $500 million had been deposited into Morpho on Arc just over two weeks after launch. On October 4, Morpho's Arc dashboard showed $507,988,084 in deposits, $192,930,633 in outstanding loans, $313,597,856 in total value locked and $192,983,182 in total supply.

Those measures describe different quantities. Deposits are not net inflows, total value locked, revenue or capital from unique users, and total supply is not interchangeable with gross deposits. The dashboard confirms the reported scale and outstanding borrowing, but not how many users funded positions, how long capital remained or whether incentives influenced deposits.

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