Size and money locked

Morpho has about $11.6 billion locked, while JustLend secures roughly $6.7 billion. This makes Morpho the larger pool of capital by a wide margin. Over the past week Morpho’s TVL grew by about 2.5%, whereas JustLend’s TVL fell by roughly 2.8%.

Activity and fees

In the last 24 hours Morpho users paid around $0.9 million in fees, compared with JustLend’s $0.04 million. The higher fee total reflects considerably more usage on Morpho. Both platforms reported zero 24‑hour volume, so fee data is the main activity signal.

Networks and reach

Morpho operates across 45 chains, including Ethereum, Base, Arbitrum and many emerging networks. JustLend is limited to the Tron blockchain. The broader chain support gives Morpho a much wider geographic and ecosystem reach.

Who each platform suits

Morpho’s permissionless design and curated vaults appeal to users who want flexible risk‑reward options and developers looking to build custom lending applications. JustLend’s Tron‑only, algorithmic interest model fits users who prefer a single‑chain solution focused on TRON assets.