Morpho gains significant traction on Robinhood Chain

.@Morpho is perhaps the best case study in the power of @RobinhoodApp distribution. Robinhood app users can deposit solana:2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH into Morpho directly through the app and earn an incentivized 7% APY. By the end of July, Morpho’s Robinhood Chain deployment accounted for 5% of all deposits on Morpho and nearly 6% of all loans. Furthermore, after just one month, Robinhood Chain had also become Morpho’s third-largest deployment by TVL!