Swap MORPHO for USD Coin (USDC ERC20)
The calculator does the maths at the live rate, the page lists the limits and the timing. Your rate is locked the moment the order is created.
Rate as of Sep 17, 2026 20:08
- Orders from
- 95.3289 MORPHO ≈ $207.82
- Payout network
- Ethereum (ERC20)
- 24 hours
- +4.57%
The figure is indicative; the exact amount is locked in the order.
One MORPHO buys 2.2064 USDC ERC20 right now; the other way round, 1 USDC ERC20 is 0.453222 MORPHO. Market over 24 hours: MORPHO against USDC ERC20 plus 4.57%. The week added minus 5.64%.
The weekly corridor ran from 2.0673 to 2.4074 USDC ERC20, a spread of 16.45%. A single order takes 95.3289 to 4,590,000 MORPHO. In dollars that is roughly $207.82.
The payout leaves in the Ethereum (ERC20) network, so the receiving address has to belong to that network. By market cap Morpho sits 56th ($1.52 B) and USD Coin 6th ($73.56 B). Daily moves of MORPHO and USDC over 90 days line up at -0.05 (they travel apart).
Who takes the MORPHO → USDC ERC20 route
- Sitting out the swingsMORPHO moved −0.9% over the past month. USDC tracks the dollar, so after the swap the value stops following MORPHO.
- A road both waysThe USDC ERC20 → MORPHO direction is open too, so going back into MORPHO takes the same route.
MORPHO → USDC ERC20 rate and amounts
Send MORPHO — receive USDC ERC20
| MORPHO | USDC ERC20 |
|---|---|
| 100 | 220.6424 |
| 200 | 441.2848 |
| 1,000 | 2,206.42 |
| 2,000 | 4,412.85 |
| 10,000 | 22,064.24 |
| 20,000 | 44,128.48 |
Need USDC ERC20 — send this much MORPHO
| USDC ERC20 | MORPHO |
|---|---|
| 500 | 226.611 |
| 1,000 | 453.222 |
| 5,000 | 2,266.11 |
| 10,000 | 4,532.22 |
| 50,000 | 22,661.1 |
| 100,000 | 45,322.2 |
Payout network for USDC
The same USDC goes out in several networks. Rates and lower limits differ, and the fee is charged by the network itself.
| Network | Per MORPHO | From | Network fee | Speed |
|---|---|---|---|---|
| Ethereum (ERC20) open now | 2.2064 | 95.3289 MORPHO | ≈ $0.074 | medium |
| Solana | 2.2064 | 95.3289 MORPHO | ≈ $0.00051 | fast |
| Polygon | 2.2064 | 95.3289 MORPHO | ≈ $0.0017 | fast |
| Arbitrum One | 2.2064 | — | ≈ $0.0033 | fast |
| BASE | 2.2064 | — | — | — |
| BNB Smart Chain (BEP20) | 2.2064 | — | ≈ $0.0024 | fast |
| Avalanche C-Chain | 2.2064 | — | ≈ < $0.0001 | fast |
| NEAR | 2.2064 | — | — | — |
| Optimism | 2.2064 | — | ≈ $0.00018 | fast |
| XLM | 2.2064 | — | — | — |
How the MORPHO → USDC ERC20 order runs
- Work out the amount in the calculator: orders start at 95.3289 MORPHO.
- Enter a USDC address in Ethereum (ERC20) and a way to reach you.
- Send MORPHO in Morpho for exactly the amount stated in the order.
- Once the network confirms your transfer, USD Coin leaves for your address. The order page tracks every step.
Check this before sending MORPHO
- The address network is Ethereum (ERC20). Sending through another network usually means losing the transfer.
- The transfer must not be smaller than 95.3289 MORPHO.
- Copy the address whole, then compare the first and last characters after pasting.
- Coins go through an AML check: a flagged transfer can be held until the check is finished.
Where the MORPHO to USDC ERC20 rate has been
- 24 hours
- +4.57%
- Week
- −5.64%
- Weekly high
- 2.4074 USDC ERC20
- Weekly low
- 2.0673 USDC ERC20
- Spread
- 16.45%
Market data from CoinGecko as of Sep 17, 2026 18:54; the exchange rate is calculated separately and differs. Where these numbers come from
How far MORPHO/USDC ERC20 travelled, by period
| Period | High | Low | Middle | Net move |
|---|---|---|---|---|
| 24 hours | 2.1653 | 2.0673 | 2.1169 | +4.57% |
| Week | 2.4074 | 2.0673 | 2.202 | −5.64% |
| Month | 2.9029 | 2.0843 | 2.3872 | −0.89% |
| Quarter | 2.9029 | 1.6455 | 2.0978 | +7.98% |
Figures are in USDC ERC20 per unit sent, from market data.
Daily MORPHO → USDC ERC20 rate
| Day | Close | Against the day before |
|---|---|---|
| Sep 17, 2026 | 2.1013 USDC ERC20 | +0.82% |
| Sep 16, 2026 | 2.0843 USDC ERC20 | −4.36% |
| Sep 15, 2026 | 2.1792 USDC ERC20 | +0.68% |
| Sep 14, 2026 | 2.1645 USDC ERC20 | −2.35% |
| Sep 13, 2026 | 2.2166 USDC ERC20 | −3.82% |
| Sep 12, 2026 | 2.3047 USDC ERC20 | +2.03% |
| Sep 11, 2026 | 2.2589 USDC ERC20 | −2.16% |
The numbers on MORPHO and USDC
- Price
- $2.18
- 24 hours
- +4.55%
- Week
- −3.9%
- Market cap
- $1.52 B
- 24-hour turnover
- $29.25 M
- Rank by cap
- #56
- In circulation
- 698.77 M MORPHO
- Record price
- $4.17
- Price
- $0.999605
- 24 hours
- −0.02%
- Week
- 0%
- Market cap
- $73.56 B
- 24-hour turnover
- $19.78 B
- Rank by cap
- #6
- In circulation
- 73.59 B USDC
- Record price
- $1.04
Source: CoinGecko, Sep 17, 2026 18:54.
Morpho against USD Coin
| Morpho (MORPHO) | USD Coin (USDC) | |
|---|---|---|
| Ticker | MORPHO | USDC |
| In circulation | 698.77 M MORPHO | 73.59 B USDC |
| Market cap | $1.52 B | $73.56 B |
| Rank by cap | #56 | #6 |
| Type | — | token |
| Network | — | Ethereum (ERC20) |
| Fees are paid in | — | ETH |
| Launched | — | 2018 |
| Built by | — | Circle |
| Supply cap | — | no cap |
Daily moves of MORPHO and USDC over 90 days line up at -0.05 — they travel apart.