Morpho Goes Live on Sei Network

On Thursday, the Sei team announced via X that Morpho is now live on the Sei network. Morpho, with over $12B in deposits, powers enterprise lending features like Coinbase's crypto-backed loans.

Thanks to this integration, Morpho has brought its universal lending network to the Sei network. 

Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is down 3.7% in the last 24 hours and is now trading at $0.2023 per coin.