defirisk.co
rubric v1.7.0

Governance token concentration (Gini)

Morpho V1 (Morpho Blue + MetaMorpho)'s assessment for RD-F-047 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

MORPHO token allocation: Morpho governance 35.4% + strategic partners 27.5% + founders 15.2% = top-3 entities control ~78% of total supply. Gini coefficient likely >0.85. Concentration is high.

Sources #

Methodology #

Compute the Gini coefficient of governance token holdings across the top-1000 holder addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol morpho-v1 factor RD-F-047 score red collected_at 2026-04-30 21:19:13