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    Onchain Lending Fees Plunge 50% as Morpho Bucks the Trend

    Onchain Lending Fees Plunge 50% as Morpho Bucks the Trend

    Key TakeawaysOnchain lending fees plunged 50% year-over-year in 2026 following a Q2 KelpDAO exploit, per 1kx data.Aave lost deposits, but Morpho expanded, earning $62M in Q3 2026 via curator risk managers.Platforms are targeting tokenized Treasuries like PYUSD to...
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