MEV Capital Utilizes eOracle for Highly Specialized, Custom Price Feeds on the Morpho Platform

Jan 15, 2025
MEV Capital leverages Morpho's permissionless market creation and eOracle's customizable price feeds to establish a specialized market for complex assets, illustrating the potential for highly specialized decentralized lending and borrowing - utilizing the eOracle standard for oracles.

Introducing Morpho

Morpho is a decentralized lending and borrowing protocol which uses immutable smart contracts to enable trustless interactions between lenders and borrowers. Morpho is driving true innovation within the lending market space, allowing any protocol to create their own market, curated for their specific risk profile.

One of Morpho’s key features is ‘Permissionless Market Creation’ where curators can create isolated markets by setting specific parameters - including loan assets, collateral types, Liquidation Loan-To-Value (LLTV), oracle choice and interest rate models. Once created, these parameters cannot be changed. This enables any 3rd party launching markets on Mopho, to create extremely niche markets required to serve their own unique user base - all via Morpho Vaults. This then requires an oracle solution capable of providing accurate & reliable price feeds for each of these complex asset markets.

Morpho also focuses on market transparency & Identification. Each Morpho market has a descriptive name showing its key parameters which helps users quickly understand market conditions.

You can explore the Morpho Platform here

eOracle Provides Highly Specialized, Custom Price feeds for MEV Capital on Morpho

MEV Capital’s newly created market on the Morpho platform leverages eOracle as the oracle, utilizing a specialized price feed provided by eOracle. The market is for PT-corn-eBTC-27MAR2025 / WBTC and uses two feeds: a PT 15 TWAP feed and an eBTC/BTC exchange rate feeds; showcasing how Morpho's permissionless model, combined with eOracle's customizable feeds can support any highly specialized market.

The creation of niche markets on Morpho necessitates accurate and reliable price feeds for complex assets, which is where oracles like eOracle play a crucial role. Not all oracles are capable of providing reliable & accurate versions of these required feeds, whereas eOracle - being a modular & flexible oracle solution - can tailor price feeds to the specific risk profiles of different markets and vaults, making eOracle an ideal oracle provider for Morpho and the curators who aim to create their own custom markets on it.

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