How Morpho Is Redefining Money Markets | Paul Frambot | S9 E4

36 snips

Jun 17, 2025

Join Paul Frambot, Co-founder and CEO of Morpho Labs, as he delves into the innovative Morpho V2 architecture and its role in reshaping decentralized finance. He explores the shift from algorithm-based interest rates to user-driven models, highlighting the demand for fixed-rate borrowing. The conversation touches on the curators' crucial role in risk assessment and market dynamics, as well as the challenges of MEV in on-chain trading. Frambot also addresses the potential of building an on-chain yield curve and the importance of liquidity across lending markets.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Fixed Rates Crucial for New Users

Fixed rates are crucial for non-crypto-native users like institutions and retail consumers for predictability.
Current DeFi struggles with fixed rates are due to technological and market maturity challenges.

INSIGHT

Zero Coupon Bonds as Fixed Rates

Morpho V2 uses a zero coupon bond protocol as a fixed rate lending primitive.
Users see aggregated liquidity mimicking variable rates while underlying contracts are fixed term.

INSIGHT

Intent-Based Offer System Innovation

Morpho V2 is an intent-based offer system letting liquidity providers promise funds across multiple markets simultaneously.
This design solves fragmentation, enabling simultaneous pricing across assets, chains, and compliance.

Get the Snipd Podcast app to discover more snips from this episode

Get the app