🌀 Lend. Relend. Repeat.

Capital stays on Ethereum mainnet. 
Credit moves where it's needed.

→ USDC is deposited on Ethereum
→ rUSDC is supplied to partner chains
→ New borrowing demand generates additional yield
→ Increased yields attract more USDC
→ More rUSDC is supplied to new chains

This is the Relend flywheel.

morpho

Relend Network solves stablecoin liquidity shortages for L2s.

Lend. Relend. Repeat.

🔗 How do chains benefit? 

Yield opportunities on new chains are booming; however, they lack credit. 

Relending turns Ethereum liquidity into modular credit. 

→ Sticky stablecoin liquidity for chains
→ Scalable credit for native DeFi ecosystems

Lend. Relend. Repeat.
One chain at a time.

This means your USDC in the /morpho Relend Vault earns yield from new chains like Swellchain and HyperEVM — without ever bridging.

Relend supplies stablecoin credit (rUSDC) into high-demand money markets.

→ You lend once
→ We relend where it’s productive

You earn real APY from new borrowing demand.