Welcome Morpho Blue
Today, we’re happy to add another addition to Summer.fi’s protocols menu. This is the time for the highly awaited Morpho Blue!
Morpho Blue is a lending protocol introducing a revolutionary concept—permissionless market creation. This feature lets users establish isolated lending markets and risk parameters for any asset.
Morpho Blue also provides borrowers a wider range of markets, improved interest rates, and very low gas costs, making it a game-changer in the DeFi lending space.
Summer.fi's integration with Morpho Blue brings forward two of our flagship products: 'Borrow' and 'Multiply'. Today's 'Borrow' feature streamlines depositing, borrowing, repaying, and withdrawing assets. It simplifies these transactions into two efficient steps, offering quick and flexible access to their assets. Today, this feature supports key asset pairs, with plans to expand as market conditions evolve.
The initial pairs are:
- wstETH/ETH
- wstETH/USDC
Multiply will come shortly after, bringing more possibilities within Summer.fi and Morpho Blue.
This partnership with Morpho Blue aligns with our goal to become the go-to platform for lending and borrowing in DeFi. In the next weeks, you’ll hear much more about this new integration, with more features to make your Summer.fi experience more suited to your needs.
You can start exploring Morpho Blue now: https://summer.fi/borrow?protocol=morphoblue
Getting in touch
If you have any questions regarding Summer.fi, contact us at support@summer.fi or our social media.