MORPHO Rises Over 12% as Robinhood Rolls Out Crypto Earn and Standard Chartered Starts Coverage

MORPHO rose more than 12% on the day after Morpho received two institutional endorsements within the same day. According to NS3.AI, Robinhood began rolling out Crypto Earn, a decentralized lending service powered by Morpho, to eligible users. Standard Chartered also initiated coverage on MORPHO and described the protocol as one of the strongest long-term plays in decentralized finance. The report added that the first lending vault uses syrupUSDG, an institutional credit product backed by the USDG stablecoin.