Morpho Aave

Supply DAI, USDC, and five other Ethereum assets through Morpho’s Aave Optimizer and hold an aToken-denominated position.

Morpho Aave is Morpho’s legacy Optimizer, which peer-to-peer matches lenders and borrowers on top of Aave’s Ethereum pool. You supply an asset and Morpho’s contract holds the resulting Aave a-token on your behalf.

This is Morpho’s first-generation Optimizer product, distinct from Morpho Vaults (MetaMorpho), which is Morpho’s current vault product across multiple networks.

Availability

Network	Input tokens	Balance reported in
Ethereum	DAI, WETH, USDC, USDT, WBTC, stETH, CRV	Corresponding aToken (aDAI, aWETH, aUSDC, aUSDT, aWBTC, astETH, aCRV)

Query GET /v1/yields?providers=morpho-aave for the live list. Yield IDs follow ethereum-{token}-morpho-aave-lending.

Entering

Enter with amount. yield.xyz issues an approval transaction for the input token, skipped automatically when your existing allowance already covers the amount, followed by the supply transaction that routes the deposit through Morpho into Aave.

Exiting

Exit with amount to redeem your position for the underlying asset. yield.xyz blocks new deposits (enter fails) whenever the pool’s APY reads as 0, or when Morpho’s on-chain market status marks that market’s supply as paused. Exits remain open whenever APY is 0, and only fail when the market’s on-chain withdrawal is paused.

Rewards and position

yield.xyz reports your balance denominated in the market’s aToken. Interest accrues automatically to that balance; there is no manual claim action for these pools.

Next steps

Morpho Vaults

Morpho’s current vault product (MetaMorpho).

Lending

Compare Morpho Aave against other lending integrations.