MORPHO is the Morpho protocol's token — and Morpho is one of the most-used lending primitives in DeFi: isolated lending markets that other platforms (including Coinbase's cbBTC-backed loans) build on top of rather than competing with. The contract 0xbaa5cc21fd487b8fcc2f632f3f4e8d37262a0842 is the Base deployment our scan tracks, at $2.0 million of pool liquidity as of October 9, 2026.
The honest shape: MORPHO is a governance-and-alignment token on genuinely deep infrastructure — the protocol's TVL is real, the integrations are real — but the token itself was transfer-restricted at launch and unlocks later, so the float-vs-FDV gap and the token's actual claim on protocol growth are the two numbers to watch. Real product, thin float — that combination cuts both ways.
Figures are HostDeFi's read dated October 9, 2026; the scan refreshes them. Verify the contract on morpho.org's docs — MORPHO exists on multiple chains; this is the Base contract.
Balance concentration: the 10 largest token accounts hold 85.35% of MORPHO's supply as of 2026-09-27 — a heavily concentrated distribution — a handful of accounts can move or exit this market at will. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.
Price and safety history of MORPHO
Every dated snapshot we hold for MORPHO — price, market structure and grade, as measured, with nothing interpolated between them.
Date
Price
Market cap
Liquidity
Holders
Grade
2026-10-16
$2.44
$1.71B
$1.53M
146,158
B
2026-10-15
$2.31
$1.62B
$2.28M
146,158
B
2026-10-14
$2.35
$1.65B
$1.35M
146,158
B
2026-10-13
$2.39
$1.67B
$1.58M
146,158
B
2026-10-12
$2.47
$1.73B
$2.27M
146,158
B
2026-10-11
$2.44
$1.71B
$1.50M
146,158
B
2026-10-10
$2.44
$1.71B
$2.27M
146,158
B
2026-10-09
$2.39
$1.67B
$2.04M
146,158
B
2026-10-08
$2.38
$1.66B
$1.68M
145,941
B
2026-10-07
$2.52
$1.76B
$1.72M
145,941
B
2026-10-06
$2.71
$1.89B
$1.26M
146,116
B
2026-10-05
$2.72
$1.91B
$1.37M
145,941
B
2026-10-04
$2.72
$1.91B
$1.44M
145,941
B
2026-10-03
$2.76
$1.93B
$1.61M
145,941
B
2026-10-02
$2.54
$1.78B
$1.56M
145,941
B
2026-10-01
$2.51
$1.76B
$2.13M
145,941
B
2026-09-30
$2.49
$1.74B
$1.99M
145,941
B
2026-09-27
$2.76
$1.93B
$1.24M
145,941
B
2026-09-26
$2.74
$307.14M
$957.61K
145,941
B
2026-09-21
$2.80
$1.96B
$957.61K
145,941
B
2026-08-24
$2.76
—
$933.37K
—
B
Contract
0xbaa5cc21fd487b8fcc2f632f3f4e8d37262a0842
Verify MORPHO by this address, never by name or ticker.
Put the MORPHO grade on your site
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Linked shield · click to copy<a href="https://hostdefi.com/token/base/morpho/" target="_blank" rel="noopener"><img src="https://hostdefi.com/api/badge/base/0xbaa5cc21fd487b8fcc2f632f3f4e8d37262a0842.svg" alt="MORPHO safety grade B on HostDeFi"></a>
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FAQ
Is MORPHO a safe token?
As of the 2026-10-09 snapshot, MORPHO scores 80/100 (grade B) on HostDeFi's on-chain read — based on a contract that has unconfirmed mint controls, has unconfirmed freeze and blacklist controls, liquidity of $2.04M and 146,158 holders, with the creator wallet holding <0.01% of supply. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell MORPHO, or is it a honeypot?
Our Base read covers market structure, not sell-side contract behaviour like honeypots or transfer taxes, as of 2026-10-09. Before assuming you can exit freely, run the live scan above — it reads the contract directly.
Who holds most of MORPHO?
The wallet that created MORPHO holds <0.01% of the supply as of 2026-10-09 — a small stake, under the 5% the scanners flag. That sits alongside a holder base of 146,158; a broad base lowers the odds that any one seller can steer the price, but the creator's share is the number to watch first.
Can MORPHO's supply be inflated?
This snapshot grades market structure only — contract-level supply controls on Base aren't assessed here yet. Run the live scanner, which reads the contract in real time.
What is the MORPHO contract address?
The MORPHO contract address on Base is 0xbaa5cc21fd487b8fcc2f632f3f4e8d37262a0842. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy MORPHO safely?
Run the live on-chain scan at the top of this page first; if MORPHO clears, you can swap it here directly. Whatever venue you use, match the contract address (0xbaa5cc21fd487b8fcc2f632f3f4e8d37262a0842) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.
HostDeFi is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a HostDeFi product