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AI TRENDS | Morpho Launches Midnight for Fixed-Rate Onchain Lending on Base

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2026-07-21 13:32:46
Morpho launched Midnight, a fixed-rate, fixed-term lending protocol on Base for onchain credit markets. According to NS3.AI, the protocol is designed to complement Morpho Blue, Morpho's existing variable-rate lending protocol.

Paul Frambot said Midnight allows participants to structure loans with defined rates, maturities, and counterparties. Morpho also said its lending network has more than $11 billion in deposits.
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