Morpho is a universal, open infrastructure for on‑chain lending that connects enterprises to global liquidity with developer‑friendly, enterprise‑grade primitives. It enables institutions and consumer platforms to embed custom earn products, facilitate crypto‑backed loans, and curate advanced lending strategies while maintaining control of the user experience. The protocol exposes full on‑chain transparency — including audited Solidity contracts, formal verification efforts, and a public codebase — and supports core actions such as supply, withdraw, borrow, repay, collateral management, liquidation, and flash loans. Morpho emphasizes security and trust through multiple third‑party audits (OpenZeppelin, Trail of Bits, ChainSecurity, etc.) and formal verification partnerships, and is designed to launch integrations quickly (weeks, not months) for partners seeking scalable lending rails.