Morpho, a decentralized lending protocol developed on Ethereum, unveiled a strategic integration with Sei, a powerful Layer-1 blockchain network specialized for trading and financial applications. According to information revealed by Sei today, the partnership marks the first time Morpho has integrated its DeFi lending protocol on the Sei network. The expansion led to the integration of Morpho’s advanced lending offering into the Sei ecosystem, a move that benefits the two networks with increased liquidity, usability and accessibility. By adding its DeFi lending network to the Sei ecosystem, Morpho broadens its cross-chain interoperability and furthers its commitment to an interconnected, multi-chain customer experience.
Morpho is live on Sei.@MorphoLabs, with over $12 billion in deposits, and powers business lending features like Coinbase’s crypto-backed lending.
Now they’ve brought their universal credit network to Sei’s familiar rails.
Markets move faster on Sei. ($/acc) pic.twitter.com/HDTVjY5CWm
— Sei (@SeiNetwork) October 16, 2025
Sei users now have seamless access to Morpho
By acting as a decentralized lending protocol, Morpho allows people to lend and borrow assets directly, without going through middlemen. With the use of the peer-to-peer matching system, the platform improves capital efficiency and offers better rates for both lenders and borrowers.
According to the information provided above, Morpho’s credit network currently has a total of over $12 billion in deposits, making it the second largest lender in the decentralized lending market. Both institutions and individuals can connect to Morpho to meet their lending needs, taking advantage of customized yield solutions and crypto-backed lending.
By launching its DeFi lending on the Sei Network, Morpho is expanding its product accessibility. This means that users in the Sei ecosystem can now access Morpho’s lending/borrowing products using their token holdings on Sei as collateral. Through this strategic integration, Morpho connects millions of crypto users to earning and lending opportunities directly within the Sei ecosystem and other supported networks.
Morpho prioritizes cross-chain interoperability
According to the latest data from Token Terminal, Morpho’s active loans have increased to $4.1 billion, with total deposits currently at $12 billion. This makes Morpho the second largest DeFi lending protocol after AAVE, which currently holds active loans worth $24.5 billion. The notable increases in active loans and fund deposits on Morpho highlight users’ rising confidence in the platform’s unparalleled offering and its ability to deliver better rates by introducing efficiency to the decentralized lending market.
Morpho’s cross-chain strategy is at the heart of its growing customer acceptance. The integration with Sei shows its continued drive to expand its footprint beyond Ethereum. Early this month, on October 2, 2025, Morpho rolled out its borrowing and borrowing capabilities on the Crypto.com exchange and the Cronos blockchain to increase access to its DeFi products to millions of global users. On January 16, 2025, Morpho also partnered with the Coinbase exchange and the Base network to expand the reach of its capital-efficient credit network to many on-chain customers.
