The Tezos Layer-2 ecosystem gains powerful new DeFi lending functionality today as non-custodial aggregator Oku announces the successful integration of Morpho on Etherlink. This strategic deployment introduces sophisticated lending markets to the network, empowering users to unlock liquidity through an intuitive, all-in-one platform tailored for traders at every experience level.
Developed by GFX Labs, Oku serves as an access point to the deep liquidity of Uniswap v3, which consistently ranks among the top exchanges for trading volumes and total value locked (TVL). Thanks to its high speeds and low transaction costs, Etherlink’s performance creates an ideal environment for protocols looking to provide their users with top-quality decentralized services.
This integration provides users with a full-featured lending suite via Oku’s comprehensive front-end, featuring live market analytics, real-time rate tracking, and streamlined collateral management. The combination of Morpho’s peer-to-peer lending innovation and Oku’s refined user experience delivers capabilities traditionally exclusive to centralized platforms, now available in a trustless environment.
“Morpho on Etherlink is a game-changer for lending,” stated Dan Zajac, Business Development Lead at Oku. “Users can now control their assets or borrow at competitive rates, all in one place. It’s simple, efficient, and accessible.”
MEV Capital will be curating the first Vault on the platform, allowing users to lend USDC against 3 yield-bearing Tokens from Midas: mMEV, mBASIS, mTBILL. This inaugural vault brings institutional-grade risk management to Etherlink’s lending ecosystem, providing users with a curated strategy from an established DeFi curator.
“This vault marks MEV Capital’s strategic entry into the Tezos ecosystem, where Etherlink’s performance characteristics enable the institutional lending infrastructure we’ve pioneered on other chains,” said Laurent Bourquin, CEO at MEV Capital. “This collaboration brings institutional-grade vault curation to users seeking DeFi lending on Tezos Layer 2.”
Etherlink users gain immediate access to multi-asset collateralized lending and borrowing, optimized capital deployment, algorithmic interest rates adapting to supply and demand, self-custodial operations with complete asset control, and, finally, detailed analytics tools for tracking positions and market trends.
“The deployment of Morpho on Etherlink marks a major milestone for the Tezos DeFi ecosystem. By combining Etherlink’s performance with Morpho’s leading franchise, we’re enabling a new generation of efficient, transparent, and user-centric lending markets, paving the way for Real-World Asset composability,” said Anthony Hayot, Head of DeFi Adoption at Nomadic Labs. “We’re very proud to kick off this new integration with a Tier-1 curator like MEV Capital, which highlights the growing maturity and sophistication of the Tezos DeFi ecosystem.”
Oku is a premier DeFi aggregator live on 35+ chains offering 0% fees across 12 swap and 14 bridge routers to connect users with S-tier apps in crypto. As a leading interface for Uniswap v3 and Morpho, Oku makes transacting 1000+ tokens across EVM chains seamless and fast. One click. Every chain. For more information, visit https://oku.trade/.
Etherlink is an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. It empowers developers to smoothly deploy any EVM codebase and migrate users and assets from Ethereum and other interoperable chains, enabling seamless interaction and asset transfers across different networks. Learn more: https://www.etherlink.com/.
