Morpho is a decentralized loan protocol that allows people and applications to offer and obtain loans, as well as to build on open infrastructure, without permissions. It runs on Ethereum Virtual Machine and accepts ERC20 and ERC4626 tokens. At the base, Morpho is a non-customs system. Users keep their property on their assets in smart contracts. The markets are created in a way without permissions, which allows the ecosystem to add new collateralized and assets for the loan without intermediaries. Morpho is conceived as a base layer for loans. Its goal is to be simple, immutable and efficient, so that other projects can build over it. Developers can integrate through SDKs and APIs, create Morpho Vaults and Markets, and develop strategies that balances the yield, liquidity and risk.
How Morpho works
Morpho uses over-collateralized loans. You deposit the collateral and you can borrow another asset against it within the established limits of the loan-value report. The interest rates are adjusted according to the market conditions, and the protocol has liquidation rules that protect the creditors if the health factor of a debtor decreases. Main ideas: collateralization: You must block a greater value than the one you borrow. Protection against risk: Liquidations bring positions back safely when necessary. Open participation: Anyone can borrow or take loans through contracts. Non-customs design: Funds are owned by the code, not by a company. Trades Morpho
Governance and contributors
The Morpho token supports the governance that establishes and updates the protocol parameters. A Morpho association registered in France coordinates the main contributors and hosts one of the web interfaces. Several fronts can interact with the same smart contracts, which supports decentralization.
How to get Morpho by Binance Hodler Airdrops
Binance added Morpho as the 49th project on the Hodler Airdrops page. If you have owned BNB in Earn eligible products during the Snapshot window, Binance will credit Morpho in the spot account before the transaction opens.
Snapshot window: 2025-09-28 00:00 UTC until 2025-09-30 23:59 UTC
Listing: 2025-10-03 15:00 UTC
Open deposits: 2025-10-03 10:00 UTC
Pairs: MORPHO/USDT, MORPHO/USDC, MORPHO/BNB, MORPHO/FDUSD, MORPHO/TRY
Label: Seed tag on listing
Pya Alpha: Trading is now available on Binance Alpha Market, but Alpha visibility ends with opening Spot Trading Join Binance for future Airdrops
Who is eligible
Users who have subscribed BNB in Simple Earn (Flexible and/or blocked) and/or On-Chain Yields During the Snapshot window. Binance calculates the rewards using historical snapshots made at random moments and uses the average time balances in eligible products.
When the token arrives
Hodler Airdrops information appears about 24 hours after the page is updated. Morpho is sent to Spot accounts at least 1 hour before trading begins. No claim of claim is required.
Rapid steps for the next round
On Binance, go to Earn and look for BNB. Subscribe BNB in simple flexible, simple Earn blocked or on-chain yields. Keep BNB subscribed throughout the announced snapshot window. Check your Spot account and the Hodler Airdrops page before listing. Note: Hodler Airirdrops are retroactive. If your BNB was not in the eligible products during the window, it will not count for that round. Join Binance Join the 33,000+ subscribers. No spam, only useful info.