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Dynamo Finance is a web3 lending market built around the Morpho smart contracts. It is non-custodial, permissionless, and designed for the next generation of on-chain finance. At its core, Dynamo lets you do everything you can do on Morpho.org, supply assets, borrow against collateral, and deposit into managed vaults, but it layers on advanced tooling, seamless automation, and additional rewards that Morpho alone does not provide.

Built on Morpho

Morpho is one of the most battle-tested lending protocols in DeFi. It operates as a set of immutable, audited smart contracts that anyone can deploy markets on top of. Dynamo Finance uses Morpho as its smart contract layer:
  • Your funds are secured by Morpho’s smart contracts, not proprietary Dynamo code.
  • Every market and vault you interact with on Dynamo exists on the same on-chain infrastructure as Morpho.
  • Morpho’s immutability means the core lending logic cannot be changed or upgraded by anyone, including Dynamo.
Dynamo is an interface and feature layer on top of Morpho, not a separate protocol with its own smart contracts managing your funds.

Dynamo as a SubDAO

Dynamo is far more than a simple new UI for Morpho. It is a full-fledged SubDAO within the Morpho ecosystem, actively steering the protocol through governance by aggregating the voting power and community of Dynamo token holders.
  • Governance participation — Dynamo pools voting power from its community to participate meaningfully in Morpho governance decisions: market parameters, risk settings, protocol upgrades, and more.
  • Community aggregation — by uniting lenders, borrowers, and yield seekers under a shared banner, Dynamo amplifies the collective voice of its users in shaping the direction of the broader Morpho ecosystem.
  • Dynamo vaults — Dynamo deploys and manages its own curated vaults, offering optimized yield strategies built specifically by and for the Dynamo community.
  • Dynamo token — Dynamo has its own native token used for governance, rewards, and incentive programs. Earn it by supplying to Dynamo vaults or participating in Dynamo reward campaigns.
Because Dynamo is a SubDAO with real governance power, using Dynamo means you’re not just a passive user — you’re part of a community actively shaping how Morpho evolves.

What Dynamo adds

While Morpho provides the secure foundation, Dynamo supercharges the experience:
LayerProvided by
Immutable lending marketsMorpho protocol
Vault infrastructureMorpho protocol
SubDAO governance & votingDynamo
Dynamo-curated vaultsDynamo
Dynamo token & reward programsDynamo
Risk dashboard and data scienceDynamo
Advanced analyticsDynamo
Position notificationsDynamo
Automated position managementDynamo
Enhanced UI & seamless UXDynamo
New features & integrationsDynamo

What you can do with Dynamo

Supply assets and earn yield. Deposit tokens into verified lending markets and earn interest paid by borrowers. Rates adjust dynamically based on utilization, so you always see live APY data before you commit. Borrow against your collateral. Supply assets as collateral and borrow other tokens at competitive rates. Dynamo displays your loan-to-value ratio and liquidation threshold in real time so you can manage risk with confidence. Deposit directly into individual markets. Unlike the Morpho.org interface, Dynamo lets you supply the loan asset directly into individual markets, giving you full control over exactly where your capital sits. Earn optimized yields through vaults. Dynamo’s own curated vaults automatically allocate your deposits across yield opportunities and rebalance as market conditions change. Automate your positions. Auto-repay and auto-compound tools (coming soon) handle routine position management so you spend less time monitoring your loans. Access advanced tools and analytics. A risk dashboard with global and per-market risk parameters, enhanced portfolio dashboard, and advanced market and vault filtering tools give you deeper visibility than any other Morpho interface. Earn Dynamo token rewards. On top of standard Morpho yields, Dynamo occasionally runs its own reward campaigns, earn the Dynamo token by supplying assets into Dynamo vaults. Participate in governance. As a Dynamo SubDAO member, your voice contributes to how Morpho evolves, market parameters, risk settings, protocol upgrades, and more.

Key differentiators

  • SubDAO with governance power. Dynamo aggregates community voting power to steer Morpho governance.
  • Own vaults and token. Dynamo-curated vaults and the Dynamo token create a unique reward layer on top of Morpho’s base yield.
  • Built on Morpho. Every market and vault is backed by Morpho’s battle-tested, immutable smart contracts.
  • Non-custodial. Your funds never leave your control. Smart contracts hold assets, and only you can withdraw them.
  • No lock-up period. Withdraw your supplied assets or repay loans at any time.
  • Transparent risk parameters. Collateral factors, liquidation thresholds, and borrow caps are visible on every market.
  • Automated yield optimization. Vaults handle rebalancing for you, no manual intervention required.
  • Permissionless access. No account, email, or KYC. Connect a wallet and start immediately.

Who is Dynamo for?

Lenders / Suppliers

Earn competitive interest on your idle assets. Choose individual markets or deposit into auto-optimized vaults for hands-off yield.

Borrowers

Unlock liquidity from your crypto holdings without selling. Borrow against collateral at transparent, market-driven rates.

Yield Optimizers

Let Dynamo’s vaults automatically route your capital to Morpho markets and compound returns over time.

DeFi Power Users

Access advanced tools, real-time risk analytics, and automation features not available on Morpho directly.

Core properties

  • Non-custodial — Morpho smart contracts hold your assets. Dynamo never has custody.
  • Permissionless — No account, email, or KYC required. A Web3 wallet is all you need.
  • Transparent — All positions, rates, risk parameters, and vault allocations are verifiable on-chain.
  • No lock-up — Supply, borrow, and withdraw at any time with no mandatory holding periods.