← Morphoreviewed 2026-10-27 · 9 claims checked
Fact-check findings
What an automated fact-checker found when it re-read Morpho against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
unverifiable
1 claimNo source the reviewer could reach confirms or contradicts the claim.
- #6[unverifiable][awaiting moderator]in section: Stream Finance / xUSD Collapse (November 2025) — Curator-Level Bad Debt
“Morpho's isolated-market design meant roughly 319 other Morpho vaults were reported as unaffected.”
reviewerRoughly 319 other Morpho vaults were reported as unaffectedNot in BlockEden. Other cited sources (Pharos, Tiger, Cryptopolitan) were not fetched, so it may appear there.
partially supported
3 claimsThe cited evidence supports part of the claim but not all of it.
- #2[partially supported][awaiting moderator]in section: Team, Funding, and Corporate Structure
“which co-founder Merlin Egalite described publicly as the largest raise in DeFi history at that time”
reviewerCo-founder Merlin Egalite described the round as the largest raise in DeFi historyThe superlative is softened by the source ('one of the largest') and attribution to Egalite was not found. I did not check the SiliconAngle source. - #3[partially supported][awaiting moderator]in the timeline
“described by a co-founder as the largest DeFi raise to date.”
reviewerTimeline entry repeats the largest-raise characterizationSame overstatement as in sections[0]. - #8[partially supported][awaiting moderator]in section: Resolv USR Depeg — Vault-Level Liquidation Losses
“generating an estimated $180 million in liquidations tied to Morpho positions, and Morpho's total value locked fell from roughly $10 billion to $7 billion in the aftermath, per CoinMarketCap and KuCoin coverage”
reviewer~15 Morpho vaults affected; ~$180M in liquidations; TVL fell from ~$10B to ~$7BThe figures are weakly sourced (AI-assisted aggregator citing a social post). The page does hedge with 'estimated' and 'reportedly'. KuCoin was not fetched.
confirmed
5 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in section: Team, Funding, and Corporate Structure
“in June 2026 Morpho raised $175 million in a round led by Paradigm, Ribbit Capital, and a16z crypto”
reviewerMorpho raised $175M in June 2026 led by Paradigm, Ribbit and a16z cryptoAmount, date and leads confirmed by Fortune. - #4[confirmed][no action needed]in section: Audits, Formal Verification, and Bug Bounty History
“the Morpho Association paid a $285,000 bounty and the issue was fixed before any funds were lost, with the fix reviewed by external auditors (Spearbit's Stermi and cmichel, and Runtime Verification's Tolga)”
reviewerWhitehat reported Aave V3 Optimizer vulnerability June 2023; $285,000 bounty; fix reviewed by Spearbit and Runtime Verification; no funds lostMatches Bitget report. - #5[confirmed][no action needed]in section: Stream Finance / xUSD Collapse (November 2025) — Curator-Level Bad Debt
“Reporting identifies Elixir Network's private, unlisted Morpho market — where Stream was the sole borrower against roughly $68 million, representing about 65% of Elixir's deUSD collateral — as Morpho's largest direct exposure”
reviewerStream Finance disclosed ~$93M loss on Nov 4, 2025; xUSD collapsed; Elixir $68M / 65%; TelosC and MEV Capital exposuresCore figures supported. 'Sole borrower' and 'largest direct exposure' were not individually checked. - #7[confirmed][no action needed]in section: Resolv USR Depeg — Vault-Level Liquidation Losses
“minting roughly 80 million unbacked USR tokens using less than $200,000 in collateral and extracting approximately $25 million”
reviewerResolv attacker minted ~80M USR with under $200,000 collateral and extracted ~$25MSupported. The Block's body and summary differ on collateral but both are within the page's wording. - #9[confirmed][no action needed]in the timeline
“Stream Finance discloses a ~$93 million trading loss; xUSD stablecoin collapses, exposing Morpho curator markets (notably Elixir Network's private market) to bad debt as part of a broader ~$285 million multi-protocol contagion.”
reviewerStream Finance disclosure date of 2025-11-04 in timelineConsistent with the cited source.
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.