The current real-time price of MORPH is $0.0{7}9739. In the past 24 hours, MORPH has traded between $0.0{7}8616 and $0.0{6}1163, showing strong market activity. The all-time high of MORPH is $0.0{5}4260, and the all-time low is $0.0{7}8616.
From a short-term perspective, the price change of MORPH over the past 1 hour is , over the past 24 hours is -0.55%, and over the past 7 days is -16.26%. These figures provide a quick overview of the latest price trends and market dynamics of MORPH on LBank.-36.41%
The live price of MORPH today is $0.0{7}9739, with a current market cap of $0. The 24-hour trading volume is 797.76. The price of MORPH to USD is updated in real time.
Before deciding whether to buy or sell MORPH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MORPH technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MORPH.
How much will MORPH be worth tomorrow, next week, or next month in ? What about your MORPH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MORPH Price Prediction
To learn more about MORPH, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x1715...eba10d  | 179.616B | 10.94% |
ethereum | 0xafd9...ac8000 | 69.000B | 4.2% |
ethereum | 0x7523...ad1174 | 66.600B | 4.06% |
ethereum | 0x763c...e31b0c | 52.254B | 3.18% |
ethereum | 0x53a3...aa2ca1 | 46.000B | 2.8% |
Other | 1.228T | 74.82% |
Morpheus Token (MORPH) is a decentralized, over-collateralized stablecoin engineered to maintain a stable peg to the US Dollar. Unlike centralized alternatives, MORPH is minted when users deposit approved collateral assets into a smart contract vault on the platform, effectively creating a decentralized line of credit. This design promotes financial autonomy and reduces reliance on traditional intermediaries.
Staking MORPH involves depositing your MORPH stablecoins into the Morpheus Token Stability Pool. By doing so, your capital becomes available to absorb debt from liquidated collateralized debt positions (CDPs) within the protocol. This mechanism is crucial for maintaining the stablecoin's peg and ensuring the system's solvency, rewarding stakers for contributing to the protocol's stability.
Staking MORPH carries inherent risks typical of decentralized finance. These include potential smart contract bugs, economic exploits, and the specific risk that your staked capital may be used to purchase liquidated collateral. This could lead to a temporary decrease in your MORPH stablecoin balance while potentially increasing your exposure to the purchased collateral asset, as this is a fundamental operational mechanic of the protocol designed for system stability.
Holders of veMORPH, a locked or vested version of the MORPH token, are empowered to participate in the protocol's governance. They can vote on various proposals submitted by the community or the core development team. This involvement allows participants to directly influence the protocol's future direction, including incentive structures, parameter adjustments, and overall long-term health, fostering a truly decentralized and community-driven ecosystem.
Users should avoid several common pitfalls. Always ensure you are on the correct blockchain network, as using an incompatible network will result in asset loss. Be vigilant against phishing; only interact with the official Morpheus Token website. Remember to manually claim and re-deposit rewards for compounding. Account for gas fees in all transactions, and importantly, regularly revoke unnecessary smart contract permissions for enhanced wallet security.
An important token swap occurred in 2018, transitioning from the original MORPH tokens to new MRPH tokens. This transition was necessitated by a bug exploit in the initial token contract. To receive the new MRPH tokens, holders of the old MORPH tokens were required to complete a verification form, providing their wallet information to ensure a secure and orderly transfer of assets to the updated contract.
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