Morpho price prediction: how far it could move
Not a target. These are the ranges Morpho's own price history makes plausible, recomputed every day from the last year of daily closes.
Updated · price $1.75
Based on its realised volatility over the past year (86% a year), Morpho has a 90% range of $1.17 to $2.63 over the next 30 days and $1.05 to $2.91 by 31 December 2026, if it keeps moving the way it has. These are statistical ranges around today's price of $1.75, not forecasts.
Last 180 days and the next 12 months · shaded: 68% and 90% ranges
31 December 2026 · 47 days away
Morpho price prediction 2026
By 31 December 2026 (47 days from now), Morpho's own volatility puts the price between $1.28 and $2.38 about two times in three, and between $1.05 and $2.91 about nine times in ten, around today's $1.75. Under the same assumptions the chance of it doubling by then is 1.2%, and the chance of being above its all-time high of $4.17 is under 1%.
At the top of the 90% range, Morpho would be worth $986M in total; at the bottom, $357M.
31 December 2027 · 412 days away
Morpho price prediction 2027
By 31 December 2027 (412 days from now), Morpho's own volatility puts the price between $0.7006 and $4.37 about two times in three, and between $0.3882 and $7.89 about nine times in ten, around today's $1.75. Under the same assumptions the chance of it doubling by then is 22%, and the chance of being above its all-time high of $4.17 is 17%.
At the top of the 90% range, Morpho would be worth $2.67B in total; at the bottom, $132M.
31 December 2030 · 1,508 days away
Morpho price prediction 2030
Stretched to 31 December 2030 — 1,508 days away — the same arithmetic gives a 68% range of $0.3037 to $10.08 and a 90% range of $0.0981 to $31.20. A band that wide is the honest answer: nobody can tell you where Morpho will be in 2030, and the figures published as "2030 predictions" elsewhere are opinions, not measurements.
At the top of the 90% range, Morpho would be worth $10.57B in total; at the bottom, $33.25M.
The bars share one log scale from $0.0981 to $31.20: the darker band is the 68% range, the lighter one the 90% range, the line today's price.
Can Morpho reach $10?
A price is only half the question. Multiply it by the 338.80M MORPHO in circulation and you get the market value the price implies — which is the real test of whether it is plausible.
| Price | × today | Implied market value | vs Bitcoin today | Model chance by end 2027 |
|---|---|---|---|---|
| $2 | 1.1× | $678M | 0.00× | 44% |
| $4.17 (all-time high) | 2.4× | $1.41B | 0.00× | 17% |
| $5 | 2.9× | $1.69B | 0.00× | 13% |
| $10 | 5.7× | $3.39B | 0.00× | 2.8% |
| $20 | 11× | $6.78B | 0.01× | under 1% |
Implied value assumes today's circulating supply; new tokens entering circulation would raise it further. The model chance is the share of outcomes above that price on 31 December 2027 under the volatility assumptions above — a measure of how far the price has to travel, not a forecast.
Morpho's return in each calendar year
| Year | Open | Close | Change |
|---|---|---|---|
| 2026 (so far) | $1.09 | $1.83 | up 67.2% |
| 2025 (from Oct) | $1.55 | $1.09 | down 29.5% |
Source: MORPHOUSDT monthly closes on Binance.
What moves Morpho's price
MORPHO tends to respond to the usefulness of its lending network rather than to token issuance alone. Stronger borrowing and lending activity, deeper markets, and more protocol fees can support attention and demand for MORPHO. Utility that lets holders participate in governance or benefit from protocol activity also matters, as does clarity around whether fees or other value accrue to the token.
Access to the token can matter when listings broaden, custody and liquidity improve, and trading infrastructure makes market participation easier. Attention often arrives in cycles around usage milestones, governance changes, or broader altcoin enthusiasm. As an altcoin, MORPHO generally remains sensitive to Bitcoin's direction and to overall risk sentiment; liquidity conditions can amplify moves in either direction.
Supply and MORPHO
As of November 2026, the circulating supply is 338,801,056 MORPHO, while total supply is 999,999,999 and maximum supply is 1,000,000,000. Only 33.9% of the maximum supply has been issued, so a substantial portion remains outside active circulation. This leaves room for additional tokens to enter circulation over time.
That matters because gradual issuance can increase available supply and dilute scarcity if demand does not keep pace. Future unlocks may also create concentrated supply events, while continued adoption can absorb newly issued tokens. The supply figures therefore describe potential future participation and dilution, not an automatic sign of either strength or weakness.
What would change the outlook
Technology failures, exploits, or service interruptions could weaken confidence, while effective upgrades, stronger security, and improved product utility could support renewed interest. Regulatory treatment of decentralized lending and governance may affect access and sentiment, depending on whether rules become clearer or more restrictive. Competitive pressure can alter borrowing demand, user retention, and the value placed on MORPHO's role.
Market-wide liquidity shocks, abrupt changes in available leverage, and shifts in Bitcoin-led risk appetite can also move the token sharply. Deeper liquidity and more resilient infrastructure can improve trading conditions, whereas reduced liquidity can magnify losses and widen price ranges. Governance decisions over supply, fees, or protocol parameters could similarly alter how network activity relates to token demand.
Ranges by horizon
| Horizon | Likely (68%) | Wide (90%) |
|---|---|---|
| 7 days | $1.55 – $1.97 | $1.44 – $2.13 |
| 30 days | $1.37 – $2.24 | $1.17 – $2.63 |
| 90 days | $1.14 – $2.68 | $0.8657 – $3.54 |
| 6 months | $0.9524 – $3.22 | $0.6432 – $4.76 |
| 1 year | $0.7393 – $4.14 | $0.4241 – $7.22 |
| 31 Dec 2026 | $1.28 – $2.38 | $1.05 – $2.91 |
| 31 Dec 2027 | $0.7006 – $4.37 | $0.3882 – $7.89 |
"Likely" means about two times in three, "wide" about nine times in ten — if the next year is as volatile as the last. Crypto regularly breaks that assumption in both directions.
What the last year actually did
- Annualised volatility
- 86.2%
- Typical daily move (1σ)
- 4.51%
- Change over the year
- down 2.80%
- Deepest fall from a peak
- down 48.7%
- Best 30-day stretch
- up 78.7%
- Worst 30-day stretch
- down 41.6%
- 30-day windows moving ±20%+
- 30%
How these ranges are calculated
We take Morpho's daily closing prices for the past year, compute the day-to-day change in log terms, and measure their standard deviation — the coin's realised volatility. Price changes in crypto compound, so the range for a horizon of T days is today's price multiplied and divided by e raised to z × σ × √T, where z is 1 for the 68% range and 1.645 for the 90% range. No trend is assumed: the middle of every range is today's price.
That makes the ranges honest about uncertainty and silent about direction, which is the point. They will be wrong when volatility changes — after a halving, an ETF decision, an exchange failure or a regulatory ruling — and they say nothing about whether Morpho is a good investment. Multi-year "targets" for 2030 published elsewhere are opinions; the arithmetic above stretched to five years produces a range so wide it means nothing, which is why we stop at the end of next year.
About Morpho
What Morpho is
Morpho is a decentralized finance protocol for lending and borrowing crypto assets. It runs on public blockchains and lets users supply assets to earn interest, while borrowers provide collateral to obtain loans. It aims to make credit markets more flexible and transparent by configuring terms for particular collateral and borrowed assets and applying on-chain risk controls. Unlike a traditional intermediary, the protocol uses blockchain-based markets and automated liquidations. Morpho is the protocol; MORPHO is its separate governance token.
What MORPHO is used for
MORPHO’s primary role is governance. Holders can participate in decisions about protocol parameters and ecosystem development, and can delegate voting power where that mechanism is used. It is not normally the unit deposited as collateral or borrowed from a Morpho market, and holding it does not create a direct claim on assets in protocol markets. Lending rates and liquidity depend on market activity and configuration, so MORPHO should not be confused with the assets used in those markets.
Supply
As of November 2026, circulating supply is 338,801,056 MORPHO, total supply is 999,999,999 MORPHO, and maximum supply is 1,000,000,000 MORPHO. Total supply is therefore 33.9% of the maximum. Circulating supply is the portion available to the public and used for market supply calculations; total supply includes issued tokens that may not yet circulate. A maximum supply caps creation, so issuance cannot take the number above that ceiling. Future releases of unrevealed tokens can still change circulating supply and voting influence. The cap limits possible dilution but does not remove risk from changes in token distribution.
How Morpho has traded
Morpho first traded in November 2024 at $0.9968. Its all-time high was $4.17, set on 17 January 2025. Annualised volatility is 86%, indicating substantial variation in its price over the measured annualised period. The deepest drawdown in the past year was -48.7%, meaning the largest peak-to-trough decline over that period was 48.7%. These figures describe trading history, not the present quotation. Volatility exposes holders to sharp gains and losses, while the drawdown shows the scale of loss possible after a peak. Neither measure indicates where the price will go next.
Risks to understand
- Smart-contract flaws can disrupt lending markets or leave assets exposed.
- Incorrect or delayed oracle data can weaken collateral valuation, while volatile collateral can trigger liquidations before a borrower can repay.
- Market liquidity can change, making it harder to borrow, repay, or exit.
- MORPHO is not a stablecoin, so its market price can depart sharply from any fixed reference.
- Supply releases may increase dilution or voting concentration, while governance decisions can alter protocol settings and priorities.
- Regulatory treatment of token governance, lending activities, or decentralized interfaces may change.
- Users depend on correct wallet, network, and transaction choices, and platform interfaces or underlying infrastructure can fail even when protocol rules work as intended.
Questions
What is the Morpho price prediction for 2026?
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Morpho live price All prediction ranges
Not financial advice. Figures are for information and can be delayed or wrong; crypto assets are volatile and you can lose everything you put in. See our methodology and disclaimer.