Onchain Lending Fees Plunge 50% as Morpho Bucks the Trend

Crypto Insight Summary: According to a report by 1kx, onchain lending markets contracted significantly in 2026, with user-paid fees dropping approximately 50% year over year. New Market Trading CEO Frank Hepworth cautions against locking up bitcoin for low fixed yields, citing high smart contract and counterparty risks. KelpDAO Exploit Impact on Market Leaders Onchain lending markets experienced a […] Crypto Insight Analysis: Direction: Bullish MORPHO Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Morpho gains market share as onchain lending fees fall 50%, showing relative strength amid weaker DeFi activity.