Tezos' decentralized finance ecosystem advances with the launch of an institutional-level lending platform on Etherlink

Oku Brings

Protocol to Etherlink, Bringing Advanced Lending Solutions to Layer 2

The Tezos Layer 2 landscape has made notable progress as Oku, a decentralized finance aggregator that does not hold user assets, has integrated Morpho’s lending protocol onto Etherlink. This partnership delivers sophisticated lending and borrowing tools to the Tezos ecosystem, strengthening its position in the DeFi sector and drawing institutional interest, as highlighted in a

.

This integration merges Morpho’s peer-to-peer lending model with Oku’s intuitive platform, allowing users to oversee collateral, lend digital assets, and utilize algorithm-driven interest rates—all while retaining full control of their funds. Dan Zajac, who leads business development at Oku, described the impact: “Morpho on Etherlink revolutionizes lending. Users have the ability to manage their assets or borrow at attractive rates, all within a single platform. It’s straightforward, effective, and open to everyone.” The FinanceFeeds article offers further insights into the launch and its features.

An important development in this rollout is MEV Capital’s introduction of the first curated vault on Etherlink. This vault enables participants to lend

against yield-generating tokens from Midas—mMEV, mBASIS, and mTBILL—providing a risk-managed approach designed for institutional-level returns. Laurent Bourquin, CEO of MEV Capital, commented that Etherlink’s technical strengths match the needs of on-chain lending: “This partnership delivers institutional-quality vault management for users interested in DeFi lending on Tezos Layer 2.”

Etherlink is a Layer 2 network on Tezos that is compatible with the EVM, offering the fast and affordable infrastructure necessary for scalable DeFi solutions. By utilizing

v3’s deep liquidity and Etherlink’s efficient transactions, this integration connects institutional-grade performance with the openness of decentralized systems. Anthony Hayot, Nomadic Labs’ Head of DeFi Adoption, emphasized: “Launching Morpho on Etherlink is a significant achievement for Tezos DeFi. The combination of Etherlink’s speed and Morpho’s lending system creates markets that are efficient, transparent, and focused on users.”

This initiative is part of a larger movement toward institutional engagement with DeFi. For instance, Coinbase has recently teamed up with Morpho to provide USDC lending rates as high as 10.8%, and Crypto.com is preparing to add Morpho to its Cronos blockchain for similar offerings, as detailed in a

. These trends highlight Morpho’s expanding influence in connecting conventional finance with decentralized platforms.

With this integration, Etherlink users gain access to lending backed by multiple assets, dynamic interest rate systems, and live analytics, all supported by the network’s low costs and high capacity. The streamlined design aims to make DeFi accessible to both newcomers and experienced users, while upholding institutional standards.

As Tezos’ DeFi sector evolves, Morpho’s integration on Etherlink demonstrates the network’s ability to rival

and other Layer 1 blockchains in attracting significant capital. With MEV Capital’s vault and Oku’s platform already in operation, the foundation is set for continued progress in on-chain lending and capital optimization.