MORPHO Sits Just 2.9% Below Its 90-Day High While BTC and ETH Are 19–28% Off Theirs — DeFi Lending Quietly Re-Rates
Morpho (MORPHO) closed at $1.926 on April 18, only 2.9% below its 90-day high of $1.983, and +87.7% above its 90-day low of $1.026. Its sustained proximity to 90-day highs while the broader market sits far below equivalent levels signals idiosyncratic relative strength in the DeFi lending sector — a signal not covered in any recent edition.
Supporting 5 queries
To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
MORPHO close Apr 18 = $1.9256; 90d high = $1.9831 (pct from high = -2.9%); 90d low = $1.0257 (pct from low = +87.7%); 7d return = +6.77%; 30d return = +10.08%; for comparison: BTC pct from 90d high = -19.1%, ETH = -28.4%, SOL = -37.5%; AAVE (same DeFi lending sector) 7d = +6.93%; MORPHO all-time dataset high = $3.92 (Nov 2024), leaving 103% upside to prior peak. First appearance of MORPHO in any recent edition.