Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Morpho Surges to Record Profits but Faces a Sudden Downturn

Morpho Surges to Record Profits but Faces a Sudden Downturn

CointurkCointurk2025/11/13 20:12
By:Fatih Uçar

In Brief Morpho ecosystem reached $370,000 in curator fees despite liquidity constraints. Steakhouse Financial led with $115,000 revenue, MEV Capital ranked third last week. MEV Capital experienced first recorded loss over $65,000 due to market changes.



Summarize the content using AI

Morpho Surges to Record Profits but Faces a Sudden Downturn image 1
ChatGPT


Morpho Surges to Record Profits but Faces a Sudden Downturn image 2
Grok

Last week, the Morpho ecosystem in the DeFi altcoin sphere reached new heights in curator yields. According to the official dashboard data, the fees collected between November 3-9 exceeded $370,000, showcasing an impressive performance despite liquidity constraints. Topping the chart was Steakhouse Financial with $115,000 in revenue, followed by MEV Capital, which secured third place with $63,000. However, as the new week commenced, MEV Capital reported its first recorded loss surpassing $65,000, marking a dramatic contrast.

Record Revenue Achieved Last Week

The official data from Morpho revealed that the curator ecosystem was bustling with activity between November 3-9, with fees flowing in robustly. Despite pressures on liquidity, Steakhouse Financial’s leadership position was evident. The firm achieved $115,000 during this period, signaling a new phase in curator competition. MEV Capital, although embroiled in strategy controversies, managed to earn $63,000, securing the third spot.

Morpho Surges to Record Profits but Faces a Sudden Downturn image 3 Morpho

Exceeding $370,000 in curator fees underscores high dynamism in participant behaviors within the ecosystem. Various managers generating substantial income in short periods reflect continued demand for Morpho’s lending and strategy allocation mechanisms. Industry experts note that variations in fee distribution during competitive times provide important insights into the ecosystem’s overall health.

The surge in revenue was underpinned by a balance of rising short-term demand and a diverse array of strategies to optimize risk-reward ratios. Both aggressive positioning from large managers and opportunistic pursuits by medium-sized groups played a pivotal role in shaping the record-setting week.

Factors Behind MEV Capital’s First Loss

As the new week unfolded, a different picture emerged in Morpho’s indicators. MEV Capital, which ranked third last week, announced its first loss exceeding $65,000. The deepening imbalance in liquidity flow and intensifying risk factors underpinned constraints on strategies that had previously generated gains. Market conditions, changing abruptly over short spans, necessitated faster-than-anticipated adjustments in MEV Capital’s position management.

Experts suggest that the recorded loss is not exclusive to the protocol, indicating that various managers within the ecosystem might face similar pressures. It is common for curator revenues to fluctuate widely during periods when liquidity disruptions have sudden impacts. The loss experienced by MEV Capital serves as a striking example of how swiftly market conditions can change compared to the previous week’s strong performance.

Despite the loss announcement, whether the protocol will return to profitability in future periods hinges on Morpho ecosystem’s overall liquidity structure and managers’ positioning strategies. Analysts emphasize that structures with high revenue volatility require each week to be assessed based on their unique dynamics.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Latest Updates: BitMine Commits $12 Billion to ETH—Chairman Predicts $12,000 Despite 13% Market Drop

- BitMine Immersion Technologies (BMNR) surged ETH purchases by 34% to 110,288 tokens weekly, now holding 3.5M ETH (2.9% supply) valued at $12.76B. - Leadership overhaul appoints Chi Tsang as CEO, aligning with chairman Tom Lee's "supercycle" vision and $12K ETH price target by 2025. - Market reacts mixed as ETH dips 13.4% in two weeks, with treasury buys currently underwater and regulatory shifts like CFTC oversight emerging. - Shareholders demand transparency amid unstaked ETH holdings and evolving crypt

Bitget-RWA2025/11/14 10:08
Ethereum Latest Updates: BitMine Commits $12 Billion to ETH—Chairman Predicts $12,000 Despite 13% Market Drop

Vitalik Buterin's Breakthrough in ZK Technology: Ushering in a New Age of Privacy and Blockchain Scalability

- Vitalik Buterin drives Ethereum's ZK innovations to solve scalability and privacy challenges, positioning ZK as crypto's next growth pillar. - Modexp precompile updates and GKR protocol reduce proof costs 50x-15x, enabling ZK-rollups to process 43,000 TPS with near-zero fees. - ZK integration with MPC/FHE/TEE expands use cases beyond DeFi, with ZK-FHE hybrids targeting enterprise adoption in healthcare and finance . - ZK Layer 2 market projected to grow at 60.7% CAGR to $90B by 2031, driven by institutio

Bitget-RWA2025/11/14 10:02
Vitalik Buterin's Breakthrough in ZK Technology: Ushering in a New Age of Privacy and Blockchain Scalability

ZEC rises 0.69% following the introduction of a privacy-focused treasury

- Cypherpunk Technologies , rebranded from Leap Therapeutics, launched a $50M Zcash (ZEC) treasury, acquiring 1.25% of total supply at $245.37 average cost. - Winklevoss Capital led a $58.88M private placement, supporting ZEC's strategic value as "encrypted bitcoin" with privacy features complementing Bitcoin's transparency. - ZEC surged 829.57% year-to-date but dropped 15.07% in seven days, reflecting crypto market volatility amid growing adoption of privacy-focused assets. - The company plans to accumula

Bitget-RWA2025/11/14 09:48