Bitwise Asset Management has launched its first on-chain vault strategy through the Morpho decentralized lending protocol. The strategy targets USDC and involves deploying funds in over-collateralized lending markets. Bitwise is responsible for strategy design and risk management, ensuring that user funds remain non-custodial and stored on-chain.
Bitwise Asset Management has launched its first on-chain vault strategy through the Morpho decentralized lending protocol. The strategy targets USDC and allocates funds into over-collateralized lending markets. Bitwise leads the design and risk management to ensure that user funds remain non-custodial and stored on-chain via Morpho.
The setup emphasizes non-custodial storage and on-chain custody, reinforcing Bitwise’s control over strategy parameters and risk controls while relying on Morpho for on-chain execution. By deploying USDC into Morpho’s over-collateralized markets, the move showcases a disciplined, non-custodial approach to DeFi with a focus on liquidity and risk management. This on-chain vault strategy highlights the growing role of DeFi protocols in institutional-grade finance, aligning custodyless access with robust risk controls and transparent governance through Morpho.
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