Morpho (MORPHO)
Supply & valuation
Circulating supply can't be independently verified for this asset; this valuation uses total on-chain supply. Why we label it this way
Holders & concentration
Concentration is the standard due-diligence read on attention-driven assets: the fewer wallets control the supply, the more one seller can move the price. Exchange wallets pool many customers, so labelled exchange rows are not single holders.
Largest holders
MORPHO — frequently asked questions
What is Morpho's supply?
Morpho has a total on-chain supply of 1,000.0M MORPHO, read directly from the chain. Its circulating supply can't be independently verified, so we report only the total.
How is the MORPHO price here computed?
The MORPHO price on this page is TheDistributed's own reference price, computed from on-chain venue data rather than exchange feeds. The full method, tolerances and labels are documented on our methodology page.
Does Morpho have a market cap?
We don't label a market cap for Morpho because its circulating supply can't be independently verified. Instead this page shows a total-supply valuation of $2.3B — the reference price times the total on-chain supply — labelled as exactly that.
Is Morpho its own blockchain?
No — Morpho (MORPHO) is a token issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — on-chain reads, our own reference price and Reddit crowd data — and update as the data does.