Arbitrum: USDG deposits in Morpho vaults exceed $130 million

TechFlow reported on November 12 that, according to Arbitrum, USDG deposits in its on-chain Morpho vaults increased from about $10 million on October 13 to more than $130 million within four weeks, reaching 13 times the previous level.

Arbitrum attributed the growth to the integration of the Gauntlet USDG Premium and Steakhouse USDG Pro vaults. The project's accompanying image credited Entropy Advisors.

Source: TechFlow