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MORPHO this week: -5% in seven days, negative funding on perps

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.

· By ZIPMEX · 1 min read

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 leverage10x

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 We do not publish price predictions; these are the levels the market actually printed.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 refresh every minute.

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

Updated on Sep 8, 2026