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Ethereum Foundation Deploys 3,400 ETH to Morpho Vaults, Advancing DeFi Treasury Strategy

The move reflects a plan to earn on-chain yield without selling core holdings.

Overview

  • The foundation confirmed the transfer on Wednesday, allocating 1,000 ETH of the total into Morpho Vaults V2.
  • At prevailing prices, the deployment is worth roughly $7.6 million.
  • The allocation extends a 2025 program that committed up to 50,000 ETH across Morpho, Compound and Spark to generate yield instead of liquidating ETH for expenses.
  • Arkham Intelligence estimates the foundation holds more than $820 million in assets, including about $735 million in ETH.
  • Morpho reports roughly $5.8 billion in total value locked, and its Vaults V2 adds a curator model with programmable liquidity and compliance features for institutional use.