{"summary":{"version":"summary-v1","lines":[{"dimension":"build","label":"Build","tag":"UNKNOWN","text":"No builder source linked: HEY holds no repository, changelog or feed it can read, so no count here is a measured zero.","evidence":[],"basis":"not_held","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/timeline","freshness":"unknown","reason":"no_builder_source","answer":"No builder source linked"},{"dimension":"usage","label":"Product usage","tag":"FACT","text":"No contract is recorded for this project, so there is no on-chain usage to count.","evidence":[],"basis":"coverage_state","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/usage","freshness":"not_applicable","reason":"no_contract"},{"dimension":"market","label":"Market","tag":"FACT","text":"No token recorded: this is a project, not a token.","evidence":[],"basis":"registry_record","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/market","freshness":"not_applicable","reason":"no_token"},{"dimension":"fundamentals","label":"Fundamentals","tag":"FACT","text":"Morpho Blue: TVL $600M · fees 24h $58.5K · revenue 24h $0 (DefiLlama, 2026-10-18). Registry context, not a measure of building.","evidence":[],"basis":"canonical_read","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/snapshot","observedAt":"2026-10-18T00:00:00.000Z","freshness":"fresh"},{"dimension":"security","label":"Security context","tag":"FACT","text":"2 audit reports linked (1 claimed by the project, 1 listed by DefiLlama only). Context, never a verdict on the project. An audit shows an audit took place; it is not a guarantee of safety.","evidence":[{"id":"security:ff96cb1e-aa0e-4c8b-b7a1-d49224845534:audit:4570f8d0997f2ffd","label":"Audit report","url":"https://docs.morpho.org/get-started/resources/audits/","receiptUrl":"https://heyresearch.xyz/api/evidence/security%3Aff96cb1e-aa0e-4c8b-b7a1-d49224845534%3Aaudit%3A4570f8d0997f2ffd"},{"id":"security:ff96cb1e-aa0e-4c8b-b7a1-d49224845534:audit:3dedd54e29076f43","label":"Audit report","url":"https://docs.morpho.org/morpho-blue/concepts/security/audits/","receiptUrl":"https://heyresearch.xyz/api/evidence/security%3Aff96cb1e-aa0e-4c8b-b7a1-d49224845534%3Aaudit%3A3dedd54e29076f43"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/snapshot","freshness":"fresh"},{"dimension":"latestChange","label":"Latest change","tag":"FACT","text":"9 days ago: Links the official site declares changed: 1 added, 0 removed. Added docs link: docs.morpho.org/developers/earn/get-started.","evidence":[{"id":"sourcechange:913e0843-8ff5-40e9-9873-2fd386c090e3","label":"Official site","url":"https://app.morpho.org/","receiptUrl":"https://heyresearch.xyz/api/evidence/sourcechange%3A913e0843-8ff5-40e9-9873-2fd386c090e3"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/changes?project=morpho-blue","observedAt":"2026-10-09T20:31:16.761Z","freshness":"fresh"},{"dimension":"unknown","label":"Not yet known","tag":"UNKNOWN","text":"5 gaps: Building activity (no source), Repositories (no source), Releases (no source), +2 more. No repository, changelog or feed to read.","evidence":[],"basis":"coverage_state","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/coverage","freshness":"unknown","reason":"no_builder_source"}],"computedAt":"2026-10-18T19:22:58.382Z"},"identity":{"slug":"morpho-blue","name":"Morpho Blue","projectKind":"OTHER","researchLevel":"RESEARCHED","catalogStatus":"QUALIFIED","primaryNarrative":{"slug":"lending","name":"Lending"},"websiteUrl":"https://app.morpho.org","firstRecordedByHeyAt":"2026-09-02T14:24:24.609Z","externalListedAt":"2024-01-14T19:41:13.000Z","externalListedSource":"defillama","url":"https://heyresearch.xyz/project/morpho-blue"},"build":{"activityStatus":"UNKNOWN","activityMeasured":false,"stillBuilding":false,"stillBuildingState":"NOT_MEASURED","stillBuildingWithheld":"no_token","discoveryGapWithheld":"no_token","underTheRadar":{"state":"NOT_MEASURED","reason":"no_token","explainUrl":"https://heyresearch.xyz/api/projects/morpho-blue/explain?fact=discovery_gap"},"velocity":{"state":"NOT_MEASURED","current":null,"previous":null,"windowDays":30},"cadence":{"state":"INSUFFICIENT_RELEASES"},"hasBuilderSource":false},"protocolEconomics":{"protocols":[{"protocol":"morpho-blue","protocolName":"Morpho Blue","category":"Lending","tvlUsd":599588306.165646,"tvlDay":"2026-10-18","matchedBy":"listing","fees24h":{"state":"MEASURED","valueUsd":58497},"revenue24h":{"state":"MEASURED","valueUsd":0},"dexVolume24h":{"state":"NOT_TRACKED"},"economicsDay":"2026-10-18","auditLinks":["https://docs.morpho.org/morpho-blue/concepts/security/audits/"],"methodologyUrl":"https://github.com/DefiLlama/DefiLlama-Adapters/blob/main/projects/morpho-blue/index.js","parentProtocol":"morpho"}],"source":"defillama","contextOnly":true},"developerFootprint":{"repositories":{"state":"NO_SOURCE","reason":"no_repository","official":0,"metadataRead":0},"productionDeployment":{"state":"NOT_APPLICABLE"},"packages":{"state":"NO_SOURCE","reason":"no_repository"},"advisories":{"state":"NOT_APPLICABLE","reason":"no_accepted_package","subject":"PUBLISHED_PACKAGE"},"contextOnly":true,"coverageUrl":"https://heyresearch.xyz/api/projects/morpho-blue/coverage"},"usage":{"dimension":"usage","state":"NOT_APPLICABLE","reason":"no_contract","source":"decoded_calls","window":{"from":"2026-10-11","to":"2026-10-17","days":7},"watchedContracts":0,"topMethods":[],"names":"WITHHELD","methodEvents":{"firstObserved":0,"resumed":0,"ids":[]},"contextOnly":true,"url":"https://heyresearch.xyz/api/projects/morpho-blue/usage"},"security":{"audits":{"state":"MEASURED","readFrom":["official_site","defillama"],"items":[{"id":"security:ff96cb1e-aa0e-4c8b-b7a1-d49224845534:audit:4570f8d0997f2ffd","url":"https://docs.morpho.org/get-started/resources/audits/","authority":"PROJECT_CLAIMED","hostedOn":"PROJECT_SITE","auditor":null,"date":null,"isPdf":false,"foundBy":[{"foundVia":"official_site","foundOnUrl":"https://docs.morpho.org/learn/concepts/midnight/offers/","firstObservedAt":"2026-10-01T20:47:29.379Z","lastObservedAt":"2026-10-15T12:44:28.053Z"}],"observedAt":"2026-10-01T20:47:29.379Z"},{"id":"security:ff96cb1e-aa0e-4c8b-b7a1-d49224845534:audit:3dedd54e29076f43","url":"https://docs.morpho.org/morpho-blue/concepts/security/audits/","authority":"REGISTRY_LISTED","hostedOn":"PROJECT_SITE","auditor":null,"date":null,"isPdf":false,"foundBy":[{"foundVia":"defillama","foundOnUrl":"https://defillama.com/protocol/morpho-blue","firstObservedAt":"2026-10-18T00:07:29.929Z","lastObservedAt":"2026-10-18T00:07:29.929Z"}],"observedAt":"2026-10-18T00:07:29.929Z"}]},"bugBounty":{"state":"NONE_FOUND","readFrom":["official_site"],"readAt":"2026-10-17T00:10:34.370Z"},"securityTxt":{"state":"NOT_READ","reason":"site_files_not_read_yet"},"advisories":{"state":"NOT_APPLICABLE","reason":"no_accepted_package"},"repositoryChecks":{"state":"NOT_APPLICABLE","reason":"no_official_repository"},"incidents":{"state":"NOT_READ","reason":"no_incident_source_read"},"linksOmitted":0,"meaning":"An audit shows an audit took place; it is not a guarantee of safety.","contextOnly":true},"peerContext":{"rulesVersion":"peers-v1","state":"NO_COHORT","reason":"kind_not_classified","computedAt":"2026-10-18T02:04:52.123Z","freshness":{"state":"CURRENT","asOf":"2026-10-18T02:04:52.123Z","staleAfterHours":36},"cohort":null,"minimums":{"median":8,"percentile":20},"dimensions":[],"methodology":"https://heyresearch.xyz/methodology#peers"},"contracts":{"url":"https://heyresearch.xyz/api/projects/morpho-blue/contracts"},"verification":{"ownerVerified":false,"submitted":false,"sources":{"total":41,"own":41,"verified":0,"contextOnly":0}},"locks":{"coverage":{"state":"NOT_APPLICABLE","reason":"no_token"}},"integrity":{"state":"NOT_APPLICABLE","reason":"no_token"},"latestChanges":{"available":true,"items":[{"id":"source:666c74cb-87db-4948-af1c-59a08424596d:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-09T22:09:09.468Z","recordedAt":"2026-10-09T22:12:31.523Z","summary":"Official source added: docs","evidence":[{"id":"source:666c74cb-87db-4948-af1c-59a08424596d","label":"Docs","url":"https://docs.morpho.org/developers/earn/resources/all/"}],"source":"website_crawl"},{"id":"source:224739e4-17b2-4855-ad51-4fe69c38d772:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-09T21:01:26.665Z","recordedAt":"2026-10-09T21:05:52.489Z","summary":"Official source added: docs","evidence":[{"id":"source:224739e4-17b2-4855-ad51-4fe69c38d772","label":"Docs","url":"https://docs.morpho.org/developers/earn/get-started/"}],"source":"website_crawl"},{"id":"sourcechange:913e0843-8ff5-40e9-9873-2fd386c090e3","revision":2,"op":"upsert","type":"research.source_changed","domain":"research","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-09T20:31:16.761Z","recordedAt":"2026-10-17T06:25:03.173Z","summary":"Links the official site declares changed: 1 added, 0 removed. Added docs link: docs.morpho.org/developers/earn/get-started","evidence":[{"id":"sourcechange:913e0843-8ff5-40e9-9873-2fd386c090e3","label":"Official site","url":"https://app.morpho.org/"}],"source":"official_site"},{"id":"source:14233bbf-6771-4bcb-ab1f-d3af69e22286:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-02T12:13:10.038Z","recordedAt":"2026-10-02T12:14:06.707Z","summary":"Official source added: docs","evidence":[{"id":"source:14233bbf-6771-4bcb-ab1f-d3af69e22286","label":"Docs","url":"https://docs.morpho.org/api/midnight/markets/get-market-state/"}],"source":"website_crawl"},{"id":"source:0dc2d86e-c197-4f71-8acf-bb82f5ac9995:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-02T12:13:10.022Z","recordedAt":"2026-10-02T12:14:06.707Z","summary":"Official source added: docs","evidence":[{"id":"source:0dc2d86e-c197-4f71-8acf-bb82f5ac9995","label":"Docs","url":"https://docs.morpho.org/api/midnight/markets/get-market/"}],"source":"website_crawl"}],"url":"https://heyresearch.xyz/api/changes?project=morpho-blue"},"freshness":[{"source":"code","label":"Code","state":"unknown","staleAfterHours":108},{"source":"score","label":"Scores","state":"fresh","observedAt":"2026-10-18T13:44:49.071Z","staleAfterHours":24}],"coverage":{"identity":{"state":"MEASURED","since":"2026-09-02T14:24:24.609Z","asOf":"2026-09-02T14:24:20.834Z","reason":"research_level_researched","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue"},"builderEvidence":{"state":"NO_SOURCE","reason":"no_builder_source"},"repositories":{"state":"NO_SOURCE","reason":"no_repository"},"releases":{"state":"NO_SOURCE","reason":"no_builder_source"},"marketCurrent":{"state":"NOT_APPLICABLE","reason":"no_token"},"marketHistory":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractDeployment":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractActivity":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractSource":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractInterface":{"state":"NOT_APPLICABLE","reason":"no_token"},"distribution":{"state":"NOT_APPLICABLE","reason":"no_token"},"locks":{"state":"NOT_APPLICABLE","reason":"no_token"},"marketIntegrity":{"state":"NOT_APPLICABLE","reason":"no_token"},"protocolEconomics":{"state":"MEASURED","since":"2026-09-26T00:00:00.000Z","asOf":"2026-10-18T00:00:00.000Z","reason":"registry_context_only","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/snapshot"},"timeline":{"state":"MEASURED","since":"2026-09-02T14:24:24.609Z","reason":"complete_default_window","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue/timeline"},"officialDocs":{"state":"MEASURED","asOf":"2026-10-16T09:44:02.228Z","reason":"official_docs","detailUrl":"https://heyresearch.xyz/api/projects/morpho-blue"},"apiDocs":{"state":"NOT_ENOUGH_YET","reason":"site_files_not_read_yet"},"sourceChanges":{"state":"MEASURED","since":"2026-10-09T00:24:04.811Z","asOf":"2026-10-09T20:31:16.761Z","reason":"changes_since_first_read"},"gitHost":{"state":"NOT_APPLICABLE","reason":"no_repository"},"package":{"state":"NO_SOURCE","reason":"no_repository"},"securityContext":{"state":"NOT_APPLICABLE","reason":"no_accepted_package"}},"evidenceSummary":{"sources":{"total":41,"own":41,"verified":0,"contextOnly":0},"meaningfulEvents30d":null,"explainUrl":"https://heyresearch.xyz/api/projects/morpho-blue/explain"},"links":{"page":"https://heyresearch.xyz/project/morpho-blue","detail":"https://heyresearch.xyz/api/projects/morpho-blue","timeline":"https://heyresearch.xyz/api/projects/morpho-blue/timeline","intelligence":"https://heyresearch.xyz/api/projects/morpho-blue/intelligence","changes":"https://heyresearch.xyz/api/changes?project=morpho-blue","coverage":"https://heyresearch.xyz/api/projects/morpho-blue/coverage","explain":"https://heyresearch.xyz/api/projects/morpho-blue/explain","contracts":"https://heyresearch.xyz/api/projects/morpho-blue/contracts","usage":"https://heyresearch.xyz/api/projects/morpho-blue/usage","relationships":"https://heyresearch.xyz/api/projects/morpho-blue/relationships"},"asOf":"2026-10-18T19:22:58.382Z","scoringVersion":"hbm-v31","disclaimer":"Public, source-backed activity HEY recorded. Still Building means verified activity through a tracked market drawdown — it is not a prediction, not a ranking by price, and not investment advice. Few projects meet Still Building or Under the Radar at any time; both are strict by design, and list responses carry the counts."}