MORPHO Perpetual on Hyperliquid
MORPHO Perpetual on Hyperliquid — price $2.569 (+1.19% 24h), funding +0.0013%/1h, open interest $5.0M, 24h volume $1.8M. Annualized funding +11.0%. Source: Hyperliquid official · as of 2026-09-06 11:15 UTC
Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).
/api/hl/markets/morpho-perp/history?format=csv&from=2026-06-14&to=2026-09-06&granularity=dailyDaily/weekly/monthly rollups from D1. File header carries the attribution line.
Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.
Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.
Morpho occupies a specific niche within DeFi lending — rather than launching an entirely separate money market, the protocol builds optimized, peer-to-peer-matched lending layers that often sit on top of or alongside established markets, aiming for better rates than pooled lending alone provides. On Hyperliquid, MORPHO's trading activity tends to be more modest than the platform's largest DeFi names, consistent with a protocol that, while well-regarded technically, still has a smaller market footprint than Aave. Leverage on MORPHO sits below AAVE's tier, reflecting a thinner and comparatively newer market. Funding here can move more abruptly than on more established DeFi tokens simply because order book depth is lighter, meaning the same size of trade tends to move the market more. Traders interested in the lending-protocol space sometimes treat MORPHO as a way to express a view on efficiency-focused lending design specifically, distinct from a broad DeFi-sector bet, though in practice its price still correlates with the wider DeFi and altcoin market a good deal of the time.
What is the max leverage for MORPHO on Hyperliquid?
MORPHO-USD perpetuals support up to 5x leverage.
What does Morpho do differently from other lending protocols?
Morpho builds optimized, peer-to-peer-matched lending layers designed to improve on the rates offered by traditional pooled lending markets, rather than operating as a fully separate money market from scratch.
Is MORPHO as liquid as AAVE on Hyperliquid?
Generally no — it trades with a thinner order book and a lower leverage cap, consistent with a smaller and newer market than Aave's.
What is the MORPHO Perpetual funding rate on Hyperliquid?
As of the latest snapshot, MORPHO Perpetual funding is +0.0013%/1h (≈ +11.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 11:15 UTC.
What are MORPHO Perpetual's 24h volume and open interest?
MORPHO Perpetual currently has $1.8M in 24h volume and $5.0M in open interest. As of 2026-09-06 11:15 UTC.
What is MORPHO Perpetual's all-time high on Hyperliquid?
MORPHO Perpetual's all-time high is $4.196 on 2025-01-17; the all-time low is $0.48840 on 2025-10-10. The 52-week range is $0.48840–$2.934. As of 2026-09-06 11:15 UTC.