Size and money locked

Morpho secures about $10.9 billion in total value locked, making it an order of magnitude larger than Lista DAO’s roughly $1.6 billion. Over the past week Morpho’s TVL fell by about 2.4%, while Lista’s declined by around 4.3%.

Activity and fees

Lista DAO recorded a 24‑hour volume of about $21.7 million, whereas Morpho reported no volume in the same period. Despite the lack of volume, Morpho’s users paid roughly $1.3 million in fees in the last 24 hours, far exceeding Lista’s $79 000.

Network reach

Morpho operates across 45 different blockchains, spanning major networks such as Ethereum, Base, Arbitrum and many others. Lista DAO is limited to two chains, BSC and Ethereum, reflecting a more focused deployment.

Who each platform suits

Morpho is geared toward users and developers seeking a highly liquid, multi‑chain lending environment with extensive vault and market options. Lista DAO appeals to participants who prefer a narrower, stablecoin‑focused protocol on Ethereum and BSC, especially those interested in staking and borrowing lisUSD.