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# MORPHO this week: -5% in seven days, negative funding on perps
- URL: https://zipmex.com/blog/morpho-weekly-2026-09-08/
- Published: 2026-09-08T13:41:02.000Z
- Updated: 2026-09-08T13:41:02.000Z
- Description: Morpho closed the week at $2.41 (-4.6% in 7 days, +24.7% in 30). Market cap, the seven-day range and what the ZIPMEX perp market is charging to hold a position, with sources.
- Author: ZIPMEX
- Tags: MORPHO, Cryptocurrency

Morpho (MORPHO) trades at $2.41 on September 8, 2026: -5.6% over 24 hours, -4.6% over seven days and +24.7% over thirty. That leaves it 42% below the all-time high of $4.17 set on 2025-01-17\. Here is what the market and the ZIPMEX perp book say about the week, with every number sourced.

## The numbers

| Price                   | $2.41  |
| ----------------------- | ------ |
| 24 hours                | \-5.6% |
| 7 days                  | \-4.6% |
| 30 days                 | +24.7% |
| Market cap              | $1.7B  |
| 24h volume (all venues) | $35.7M |
| Market rank             | #53    |
| Perp open interest      | $11.8K |
| Perp 24h volume         | $9.8K  |
| Max leverage            | 10x    |

## Perps: funding and open interest

On ZIPMEX Perps the MORPHO/USDC market shows an estimated funding rate of -0.0088% per eight hours (last settled: -0.0108%), $11.8K of open interest and $9.8K traded in 24 hours. Negative funding means shorts are paying longs: leveraged traders lean bearish. Max leverage is 10x.

## Levels from the last seven days

The seven-day high was $2.66 on 2026-09-02 and the low $2.39 on 2026-09-08, a 11% range. Reclaiming the all-time high would take a 1.7x from here. We do not publish price predictions; these are the levels the market actually printed.

## Method and sources

Snapshot taken 2026-09-08 13:41 UTC. Price, supply and market cap: CoinGecko. Perps: ZIPMEX Perps public market data. Volume across all venues and all-time high: aggregated market data. This digest is generated from those feeds and reviewed by ZIPMEX Research; numbers on the [MORPHO landing](https://zipmex.com/tokens/morpho/) refresh every minute.

*Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.*

[MORPHO price, chart and security check](https://zipmex.com/tokens/morpho/)

[Trade MORPHO on ZIPMEX](https://trade.zipmex.com/perps/PERP%5FMORPHO%5FUSDC?utm%5Fsource=zipmex.com&utm%5Fmedium=article)