Faustine Fleuret

Merlin Egalite is Co-founder of Morpho, an onchain lending protocol with more than $10 billion in total deposits, which he has helped build since September 2021. At Morpho, he serves as integration team lead, contributing to the protocol's development and strategic direction. He is also an active contributor to the codebase, with public repositories on GitHub including a universal rewards distributor and vesting contracts written in Solidity, and recent activity spanning code review and commits to Morpho's open-source repositories.

Prior to co-founding Morpho, Egalite interned at Blockpulse from August 2020 to February 2021, working on blockchain protocol development and digital equity management tools. In December 2020, he began contributing to The Commons Stack, a project focused on public goods funding mechanisms using blockchain tools. He also held roles as a full-stack engineer at AtTheSpring, a data scientist at Randstad.fr where he built a job title and skill normalization system using deep learning, and a data science intern at Paris Digital Lab developing a recommender system for BNP Paribas Asset Management. Earlier in his career, he worked as a mobile and web development consultant at Junior CentraleSupélec and as an assistant to the CEO at Octobot, a startup incubated at Schoolab in Paris. In 2021, he worked as a smart contract analyst at Kleros. He was a finalist at the ETHGlobal hackathon in late 2020 for Unite.community, a token distribution project. Egalite graduated from CentraleSupélec with a degree in engineering in 2021.

Paul Frambot is Co-founder and CEO of Morpho, a decentralized lending protocol operating on Ethereum and other EVM-compatible blockchains. He co-founded Morpho in 2021 while completing his master's degree at the Institut Polytechnique de Paris. The protocol launched its first version, Morpho V0, introducing a peer-to-peer matching model for decentralized lending that reached over $1 billion in deposits within 18 months. In 2024, Morpho launched a second protocol version introducing curated lending vaults and a permissionless market design, surpassing $12 billion in deposits within 18 months of launch.

Frambot secured $2 million in seed funding in 2021 while still a student, followed by an $18 million raise in 2022 from investors including a16z and Variant. In 2024, he led a $50 million strategic funding round led by Ribbit Capital, with participation from a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, and Kraken Ventures. That same year, US asset manager Apollo agreed to acquire up to 90 million MORPHO tokens over four years, representing approximately 9% of total supply in circulation. Frambot has authored articles on decentralized finance covering protocol design, token economics, and risk management, with work featured in Fortune and CoinDesk. In 2023, he introduced the concept of "Asset Curators" through blog posts addressing risk management in DeFi. He holds a Master's in Parallel and Distributed Systems from the Institut Polytechnique de Paris, completed in 2022, with studies concentrated on distributed and consensus algorithms and their applications in blockchain technology.