DEX on SiamDEX · No KYC · Earn in USD
Morpho is a modular lending protocol that optimizes yields by working atop Aave and Compound, allowing lenders to earn higher interest and borrowers to pay lower rates through peer-to-peer matching. Its TVL grew from $200M to over $800M in 2025.
| Asset | Price | Volume 24h | Open Interest | 24h Change |
|---|---|---|---|---|
| Morpho (MORPHO) | $1.9705 | $3.86M | $5.87M | +2.10% |
| Bitcoin (BTC) | $75898.0 | $1.53B | $2.11B | -0.35% |
| Ethereum (ETH) | $2332.8 | $555.90M | $926.35M | -1.29% |
| Solana (SOL) | $86.311 | $156.22M | $328.71M | -0.55% |
| Hyperliquid (HYPE) | $43.506 | $178.81M | $858.96M | -2.02% |
| ทองคำ (PAXG) (PAXG) | $4789.0 | $2.78M | $39.64M | -0.11% |
| XRP (XRP) | $1.4329 | $34.78M | $105.68M | -0.39% |
| Dogecoin (DOGE) | $0.095235 | $12.05M | $32.72M | -0.96% |
| Fartcoin (FARTCOIN) | $0.20513 | $20.33M | $44.81M | -2.53% |
MORPHO is a new token with lower liquidity compared to AAVE; its price may experience extreme volatility.
Morpho was founded in 2021 by four students from Paris, led by Paul Frambot from Télécom Paris. They discovered that Aave and Compound had large 'rate spreads' between lenders and borrowers, leading them to create a P2P matching layer on top. They later developed Morpho Blue, which currently has a TVL exceeding $7 billion.
Did You Know?
Paul Frambot founded Morpho while still a student and raised $18M from a16z in the same year. The 22-year-old CEO once stated that 'Morpho's contributors are not paid to run financial services, but to help develop them'—a nonprofit-first philosophy in a largely profit-driven DeFi world.
You can start with a small amount of USDC. We recommend at least 10-100 USDC to test trading and manage risk effectively.
Up to 40x (depends on the asset and market conditions)
Connect MetaMask → Go to Deposit/Withdraw → Select deposit from a Thai or global exchange → Follow the simple steps, takes only a few minutes
Price volatility, liquidation risk when using high leverage, and funding rate exposure.
Yes. Profits are in USDC → Withdraw to MetaMask → Transfer to Thai Exchange → Sell for THB
Absolutely. SiamDEX has clear guides in Thai and English, simple steps, and no KYC required.