The Defi-Lending Protocol Seamless, today announced the migration of his entire infrastructure to Morpho, a decentralized credit protocol that manages more than $ 500 million in liquidity on Coinbase-inspired base and $ 2.4 billion on Ethereum.
The transition, approved by the seamless DAO in early 2025, seamlessly transforms into a “platformless” Defi location built on Morpho’s consentless infrastructure.
“We use existing liquidity to feed future product developments, such as lever tokens that use basic sources of the base,” said Wes Frederickson, seamless co-founder and CTO. “The first to become fully platformless, we prove that less infrastructure means more value for borrowers. This is seamlessly 2.0.”
Paul Frambot, co-founder and CEO of Morpho Labs, said:
“The vision of seamless is supported by Morpho’s permissionless and unchanging infrastructure. The Morpho Stack enables the seamless team to concentrate on product innovation and growth.”
The seamless ecosystem currently serves more than 200,000 portfolios with $ 70 million to TVL.
The ProductMap 2025 of the platform includes route map for lever tokens, extensive loan products and real-world asset integrations.
In January, Coinbase re-supported Bitcoin-supported loans through a partnership with Morpho’s Defi platform, allowing users to borrow up to $ 100,000 in USDC.
