Morpho(MORPHO) Midnight Mainnet Launch

Morpho Midnight's public launch brings Morpho's fixed-rate, fixed-term lending product live on mainnet, starting with cbBTC/USDC on Base. The rollout is staged, with vault adapter, cross-chain, and auto-rolling features arriving in the following weeks, so the immediate market-facing fact is a single-pair go-live rather than a full protocol-wide re-rate. This is a meaningful product expansion for a core lending protocol, but the phased delivery tempers the magnitude.

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