How to test Morpho on Aave Mumbai (Polygon’s testnet)

1. Get testnet Matic token

Use the the polygon faucet located at https://faucet.polygon.technology/

It is pretty straightforward :

  • Select Mumbai Network
  • Select MATIC Token
  • Copy your wallet address
  • Click on submit and then on confim
  • Wait 3 minutes and you should be able to see it in your wallet (use https://mumbai.polygonscan.com/)

Alternatively, you can also use the Paradgim faucet

2. Add Mumbai’s RPC to your wallet (Metamask, Frame, etc.)

Chainlist is the easiest way to connect your wallet. Go to Chainlist, type “mumbai” on the search bar, and click on connect. Your Metamask Wallet should connect automatically. Then click on “Add to Metamask”. This also works for Frame wallet by the way.

3. Try Morpho Aave out!

Now that you are all set up, go to aave.morpho.best and you should see your wallet address (partially obfuscated) on the top right corner. If that’s not the case, make sure that you have correctly selected the Mumbai RPC in your wallet and that Aaave Mumbai is displayed on the top right corner on Morpho’s website

You can get some additional testnet tokens (DAI, WBTC, WETH, USDC) directly on Morpho’s faucet. To do that, just click on your wallet address, and select “Faucet” in the dropdown menu.

If you want those token to be visible in your Metamask wallet, you can easily add them in Metamask by selecting “import tokens” and copying the token’s address

DAI: 0x001b3b4d0f3714ca98ba10f6042daebf0b1b7b6f

WBTC: 0x0d787a4a1548f673ed375445535a6c7a1ee56180

WETH: 0x3c68ce8504087f89c640d02d133646d98e64ddd9

USDC: 0x2058a9d7613eee744279e3856ef0eada5fcbaa7e

4. Let’s get done to business : Borrowing and lending

Supply Market

On Morpho’s homepage, select the asset you want to supply on the table on the left

Indicate the amount you want to supply, click on approve, and allow the transaction on Metamask

Once the transaction is confirmed, click on “Supply” and validate the transaction.

That’s it! you can now borrow against the collateral you just deposited.

Borrow

Select the token you want to borrow in the borrowing market on the right side of the homepage.

Select the amount, click on Borrow and sign the transaction in Metamask

5. How can I check my positions?

You can easily check your positions in the Dashboard, available on the top left of any page on Morpho.

Here you can check your borrow capacity and add to your collateral or repay your debt, if the borrow capacity gets to close to 100%.

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