According to IntoTheBlock, MoonwellDeFi, one of the earliest lending protocols on Base, is pivotal in the ecosystem by offering markets for significant native assets on Base and collaborating with MorphoLabs for custom markets. Its innovative approach and key role make it a crucial protocol for traders to monitor with IntoTheBlock's Risk Pulse assessment.

According to IntoTheBlock, Euler Finance has emerged as a highly active lending protocol this year, with its total supply and total debt expanding by more than 3.5 times since early February. This substantial growth has resulted in notable changes in vault balances over the past two months.

According to RootDataLabs, MorphoLabs has been recognized as the number one hot project within the past 24 hours on RootData. The lending protocol has also successfully raised $50 million in a recent funding round. This significant financial backing could drive further development and attract more investors to MorphoLabs.