DeFi lending protocol Morpho Labs announced that the deposit amount on Morpho Markets has exceeded the $2 billion milestone. In August of this year, Morpho completed a $50 million financing round led by Ribbit Capital, with participation from Hack VC, IOSG, Rockaway, L1D, Mirana, Cherry, Semantic, Fenbushi, Leadblock Bitpanda and Robot Ventures.