Morpho Midnight Expands Fixed-Rate Lending Options Across All USDC Markets
Morpho Midnight has expanded its fixed-rate lending options by making all USDC markets available on Morpho Blue, allowing users to place individual and multi-market limit orders.
This move enables lenders and borrowers to access USDC paired with collateral options such as cbBTC, WBTC, wETH, and tokenized stocks through Midnight's fixed-rate, fixed-term architecture.
The expansion is a significant step for Morpho Midnight, which was launched publicly on July 21, 2026, starting on the Base blockchain with cbBTC/USDC markets. The protocol then expanded to Ethereum on September 8, adding USDC markets paired with WBTC and cbBTC.
Morpho Midnight's core mechanic differs from most DeFi lending protocols, using a peer-to-peer matching approach where users set offers at specific rates and maturities. This allows for multi-market offers, enabling users to quote liquidity across multiple markets simultaneously without fragmenting their capital.