Arbitrum: Morpho Vault USDG Deposits Exceed $130 Million

On November 12 that, according to Arbitrum, USDG deposits in its on-chain Morpho vault increased from approximately $10 million on October 13 to over $130 million within four weeks, reaching 13 times its previous level.

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