The correlation between
@Morpho's growth and onchain asset management is striking!
Looking at
@DefiLlama's Risk Curator sector, you can see that it tracks right alongside Morpho's TVL (both are $7B+)
Within the past 2 years, Risk Curation has gone from being non-existent to a DeFi sector with ~$10.5M in annual net income
The 3 largest Risk Curators also manage the top 8 vaults by deposits on Morpho v2:
@SentoraHQ - 3 vaults, $623M in deposits
@SteakhouseFi - 3 vaults, $425M in deposits
@gauntlet_xyz - 2 vaults, $170M in deposits
While Morpho was the first to scale vault-based professional onchain asset management, other platforms like
@kamino,
@eulerfinance, and
@aave v4 have found success as well
As DeFi continues to mature, this will be one of the most important sectors to watch!