Pharos Taps Morpho to Power Institutional Lending for Real-World Assets

Hong Kong — The Pharos Network is taking a major step toward building institutional-grade lending rails for real-world assets (RWA). In a new collaboration with Morpho, the leading onchain lending protocol with over $9 billion in deposits, Pharos is deploying a native version of Morpho’s infrastructure directly on its Layer 1 blockchain.

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This marks the first time Morpho will operate natively on a dedicated RWA-focused chain, giving rise to modular, capital-efficient lending markets that are fully composable with Pharos’ RWA ecosystem — including vaults, liquidity routers, and credit modeling systems.

Unlocking Composable Credit for RWAfi

Through this integration, Pharos vaults will now be able to support isolated lending risk, dynamic capital deployment strategies, and transparent credit modeling tools—designed for both DeFi-native users and institutions.
“For us, working together with Morpho is about building trust and composability at the core of RWAfi. By integrating Morpho’s lending infrastructure directly into our mainnet, we’re laying the foundation for a more transparent and capital-efficient onchain credit ecosystem.”

Wish Wu, CTO & Co-Founder at Pharos
Morpho's infrastructure will anchor lending across Pharos' upcoming institutional vaults, optimized for use cases like tokenized treasuries, private credit, and structured debt products.
“Deploying natively on Pharos allows us to bring Morpho’s proven lending infrastructure to the real-world asset space. Pharos’ RWAfi vision aligns perfectly with our mission to build transparent and scalable credit systems.”

Kirk Hutchison, Growth Lead for New Chains at Morpho
Designed for Institutions — Built for Web3

The initial deployments will focus on institutional vaults, blending Pharos’ expertise in credit modeling and ZK-based infrastructure with Morpho’s scalable lending stack.

Key integration highlights:

Native composability with Pharos' L1 ecosystem
MiCA-aligned RWA vaults and risk segmentation
Institutional-grade credit modeling tools
Flexible capital matching algorithms

Pharos’ growing RWAfi ecosystem already includes partnerships with Ant Digital, R25, and Gauntlet, with Morpho now joining as its official lending infrastructure partner.

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About Pharos Network

Pharos is a next-gen Layer 1 built for Real World Asset Finance (RWAfi), designed to unify Web2 and Web3 assets. Led by Alex Zhang (ex-CTO of AntChain), the team brings deep experience from Ant Financial, Microsoft Research, and Stanford, specializing in blockchain infra, formal verification, and ZK systems.

About Morpho

Morpho is the most trusted onchain lending protocol, powering over $9B+ in deposits across DeFi and tokenized asset markets. Its open, modular infrastructure supports everything from crypto-backed loans to embedded institutional credit systems.