# Morpho Morpho is a decentralized, noncustodial lending protocol that allows the creation of immutable and efficient lending markets in a permissionless way. The protocol provides users with the opportunity to borrow supported assets by providing collateral. The collateral must exceed in value in compartment to the borrowed asset, this also referred to as a overcollateralized loan. > Morpho specifies the minimum value of collateral required relative to the borrowed assets - also known as Liquidation Loan-To-Value (LLTV). \ > \ > If the value of the borrowed assets surpasses the LLTV, perhaps due to market volatility, the position would be then eligible for liquidation. Liquidators can liquidate up to 100% of the account’s debt and receive the corresponding collateral value, plus the relative incentive. Morpho isn’t oracle-less but is oracle-agnostic. Meaning market creators can individually specify an address that returns the price for loan and collateral assets. Some markets can utilize a mechanism similar to one present in Ajna, and some can feature oracles like Chainlink or Redstone. *** ## Related Articles: * [Dashboard & Use-case](https://help.defisaver.com/protocols/morpho/dashboard-and-use-case) * [Compatibility & Automations](https://help.defisaver.com/protocols/morpho/compatibility-and-automations) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://help.defisaver.com/protocols/morpho.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.