kugusha.eth 🦋

Collateral Without Borders: The End of Fragmented Capital. Next week in London, we’re bringing together the people rewiring how collateral moves across chains, venues and borders. Two hours of breakfast and networking: luma.com/tbw_das_2026 On stage 🎙️ 👉 @kugusha, Fintech GTM at @Morpho 👉 @baby_fisherman, Co-founder & CEO at @babylonlabs_io 👉 @DarrenCamas, Co-founder & CEO at @ipor_io 👉 @FahimSach, Ecosystem Partnerships at @zama 👉 @Raph_Bloch, CEO at @TheBigWhale_ Capital is stuck in silos. Collateral that can’t move is capital that doesn’t work. This is the conversation to have about it. We’re already full. But if you want to be in the room, reach out to the team. We can always find a solution!

A difficult day for the industry. Thinking of everyone affected and the teams working around the clock. For onchain credit, moments like these are a reminder of why market structure matters, especially how risk is managed, shaped and contained. Morpho was intentionally built this way: - Markets are isolated. You choose which markets you're exposed to, and a problem in one market doesn't spread to the others. - Collateral isn't rehypothecated for everyone, it is a choice. - Counterparty exposure (eg sanctioned entity) can be controlled. Optional permissionning, like on Midnight or Vaults, lets participants define who can lend and borrow. None of this eliminates risk entirely. Individual markets can still see liquidity constraints and rate volatility over the coming days as DeFi absorbs the shock. But these design choices are meant to prevent systemic risk and limit contagion in moments like this. As more of finance moves onchain, thoughtful market structure will be fundamental to a more resilient financial system, especially if we want to be trusted by the world's largest players.

Eight more names join the Full Stack London speaker lineup. Taking the stage on 12 November: → @CWALK_19, Founder and CEO at @creditcoop_xyz → Alex Dunn, Director, Growth Products at @Visa → Jason Goldberg, Chief Revenue Officer at @i2cinc → @kugusha, GTM at @Morpho → Soledad Contreras, Head of Partnerships for EMEA & APAC at @CoinDesk → @FlaviaKenyon, Barrister at 33 Chambers → @Alex__Radu, Founder & CEO of @PulsarMoneyApp → Will Harborne, CEO at @rhinofi They’ll examine how cards and stablecoins work together, what supports onchain credit and yield, and who carries responsibility when AI agents transact.

Morpho Blue is $0.4B from overtaking Aave V3 in stablecoins supplied: $7.5B vs $7.9B. A year ago Aave V3 led $18.3B to $3.8B. Total across Aave V3, Aave V4, Morpho Blue and SparkLend is $18.0B, down from a $27.1B peak in Oct 2025.

Speaking at session two of the Frontier Capital Summit on 9 November: Darren Camas (@DarrenCamas), @ipor_io Alexandra Kugusheva (@kugusha), @Morpho Ethan Luc (@consensus128), @upshift_fi Anthony Fernandez, @kamino Moderated by Alex McFarlane (@flipdazed), @KeyringNetwork. laserdigital.com/frontier-ca… Professional and institutional investors only. Capital at risk. laserdigital.com/marketing-d…

¿Y si tus stablecoins pudieran más? 👀 Te presentamos #Bóvedas: hasta 10% en MXNB y hasta 5% en USDC. Descubre de lo que tu dinero es capaz con Bóvedas en Bitso. Bóvedas: impulsadas por @Morpho, en @base y curadas por @gauntlet_xyz.

Morpho Midnight has surpassed $100M in total deposits. As users become familiar with a new market structure, the benefits of predictable rates and greater control over credit terms are becoming clear. Onchain fixed rate markets are just getting started.

Robinhood Stock Tokens can now serve as collateral on Morpho: a new use case beyond trading. Robinhood Chain brings the rails, Morpho brings their credit layer, enabling holders to borrow against their Stock Tokens. Any eligible wallet can plug in and any app can tap into these markets, unlocking a new building block for open lending and borrowing — and a new way to put Stock Tokens to work onchain.

Crypto Loan via @Ledger Wallet™, powered by Morpho Ledger users can now borrow against wrapped BTC, all within self-custody. Morpho is Ledger's infrastructure of choice to become an all-in-one platform for digital assets: first with Stablecoin Earn, and now Crypto Loan.

Just over 2 weeks since launch, $500M+ deposited into Morpho on @arc

$500M+ in deposits and counting—making Robinhood Earn’s vault the largest on @Morpho. Robinhood Earn is bringing DeFi yield to eligible users through self-custodial onchain lending built right into the app. Learn more: rbnhd.co/RobinhoodEarn