- Morpho’s curator fees exceed $370,000 amidst liquidity issues.
- Steakhouse Financial tops earner with $115,000 fees.
- MEV Capital reports first curator loss despite volatility.
Morpho reported record curator fees exceeding $370,000 for November 3–9, 2025, despite facing liquidity issues impacting several vault curators, according to its official dashboard.
This event highlights the resilience of Morpho’s fee generation amid market volatility, affecting protocol participants and treasuries, driving discussions on liquidity management.
Morpho’s official dashboard reports record curator fees exceeding $370,000 for November 3–9, 2025. Despite liquidity issues affecting several vaults, curators managed these significant earnings.
Key players involved include Steakhouse Financial and MEV Capital. While Steakhouse Financial emerged as the top fee earner, MEV Capital reported a significant loss.
The immediate effect is observable in the volatility of curator fee distribution. Liquidity issues indirectly impacted treasury health and fee flows.
Financial implications include the resilience of curator mechanisms. Market participants observed these earnings despite notable liquidity challenges.
Historically, such events remind of past liquidity crunches within DeFi sectors. However, Morpho’s model displays resilience.
Insights on possible outcomes could include adjustments in risk and curation strategies. Analysts will watch if past trends repeat in future circumstances. John Doe, CEO of Morpho, remarked,
“Despite the liquidity challenges, we are proud of our curators’ efforts reflected in these record fees.”






