The combination of a top lending protocol on Base with a premier risk management firm in DeFi, driven by the largest first-party oracle, sets a new standard.
Vault operators continue to choose Pyth as their trusted infrastructure partner. This time Morpho, Re7 Labs, and Pyth are collaborating to transform borrowing and lending on Base. Developers and users understand Pyth provides DeFi protocols with a competitive edge through reliable infrastructure that fosters confidence and growth. This partnership underlines the value Pyth brings to the DeFi ecosystem. In this blog we’ll explore how Pyth enables Morpho and Re7 Labs to transform the way people borrow and lend on-chain.
Re7 Labs Vaults and Pyth Data
Morpho has redefined DeFi lending by developing an architecture that allows approved entities to launch vaults with custom risk management specifications. Having bootstrapped 200+ protocols across 20+ chains, Re7 Labs was a natural choice to be one of the first approved vault operators on Morpho. With the freedom to select any oracle to power and secure their new lending vaults, Re7 Labs chose Pyth. This is the second time a vault operator has chosen Pyth as their infrastructure partner in the last month. You can see the vaults in action here.
"Pyth oracles secure TVL across many chains and applications that we use every day in DeFi. We’re excited to launch Pyth MetaMorpho vaults that expand the use of trusted Pyth infra with the flexible Morpho Blue system." – Royce, Re7 Labs
By creating an open marketplace for specifying liquidation LTVs, oracles, collateral selection, caps, and more, Morpho vaults can be curated by experts, like Re7 Labs, that enhance liquidity and user experience with a focus on applying a one-of-a-kind practical DeFi experience. These industry experts know firsthand just how important reliable, low-latency data is to the foundation of borrowing and lending protocols.
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