The Ethereum Foundation (@ethereumfndn) has deployed $112M of its treasury into DeFi. Aave leads allocation with 64%, followed by Spark at 20% and Morpho at 17%. 93% of deposits are in WETH, with the remainder split between USDC and USDS. WETH on Aave is used as collateral to borrow $2M GHO.

Ethereum Foundation
@ethereumfndn
03-18
0/ The Ethereum Foundation continues to explore DeFi as part of its treasury strategy. In Oct 2025, EF deployed 2,400 ETH + ~$6M in stablecoins into @Morpho Vaults V1. https://x.com/ethereumfndn/status/1978460652877267301… Today: another 3,400 ETH into Morpho, where 1,000 ETH in Morpho Vaults V2. Why Morpho?
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