DeFi Borrow Rate Curves: Utilization-Based Pricing Explained
Decentralized lending protocols price credit from one internal ratio, utilization. Full mechanics, the kinked curve, and a worked example with real numbers.
№ 002DeFiMorpho Raises $175M as Wall Street Eyes DeFi Lending
Morpho closed a $175 million round as Coinbase, Binance and Société Générale lean on its curated vaults. What the raise says about DeFi lending demand.