Morpho News Today: Why MORPHO Is Up – 04 October 2026

• Morpho deposits on Circle's Arc blockchain surpassed $500 million on 2 October 2026, reaching $500.27 million. • Outstanding loans on Arc stood at $189.93 million as of 2 October 2026, per Crypto Briefing. • Coinbase launched fixed-rate crypto-backed loans powered by Morpho Midnight on 22 September. • Reports linked Morpho to a $175 million funding round at a $2 billion valuation. • MORPHO remained 33.26% below its all-time high of $4.17 as of 4 October 2026.