Robinhood has made the MORPHO token available for trading on its platform, giving its massive retail user base direct exposure to one of DeFi’s most prominent lending protocols.
Back in July 2026, Morpho became the lending infrastructure powering Robinhood Earn, a self-custody yield product that lets select US customers lend the USDG stablecoin through Morpho vaults on the Robinhood Chain. That product targets roughly 7% APY.
From infrastructure partner to tradeable asset
Morpho has reported over $11 billion in deposits and has generated millions in fees. Those numbers put it in the upper tier of decentralized lending protocols.
Within a month of Morpho’s integration into Robinhood Earn, total value locked on the Robinhood Chain saw inflows exceeding $500 million.
