Instadapp Guides
  • Instadapp Pro Help Docs
  • Getting Started
    • Managing Assets on Instadapp
    • Simulation Mode
    • Debt Collateral Ratio
    • Custom Tokens
    • Authority
      • How to add an Authority to your Account
      • How to remove an Authority
      • Using Gnosis Safe as an Authority
    • FAQs
  • Smart Wallets
    • DeFi Smart Account (DSA)
      • Not able to see your wallet balance?
      • Depositing from your Connected Wallet into DSA
      • Migrating DeFi assets into your DSA
      • Withdrawing to your Connected Wallet
      • Advanced Withdrawals
      • Advanced Deposits
    • Avocado Wallet
      • 🥑Avocado Guides
  • Features
    • Cross Chain Bridge
    • Protocol Refinancing
    • Sweep Swap
    • Protection Automation
    • Private Transactions
      • How to enable ETH_Sign on Metamask
    • Quick Menu
    • Global Settings
  • Protocols
    • MakerDAO
      • Maker Protocol Explained
      • Liquidations on MakerDAO
      • More Maker Info
    • Compound
      • Compound Explained
      • Liquidations on Compound v2
      • Compound v3 Explained
      • Using Compound v3
    • AAVE
      • AAVE Protocol Explained
      • How to activate E-Mode
      • Migrate from v2 to v3
      • Get more E-Mode Accounts
    • Uniswap
      • Uniswap Protocol Explained
      • Managing Uniswap on Instadapp
      • Creating a Uniswap LP
      • Import / Export
      • Rebalancing your LP
      • How to Create Uniswap Rewards
      • Staking Uniswap LPs for Staking Rewards
    • Liquity
      • Liquity Protocol Explained
      • How to open a Trove and borrow LUSD
      • How to close a Trove
      • Liquidations on Liquity
      • Supply to the Stability Pool
      • Staking LQTY
    • Euler
      • Euler Protocol Explained
      • Using Euler
      • Debt and Collateral Transfer
    • Morpho Optimizer
      • Morpho Explained
      • Using Morpho
    • Morpho Blue
      • Morpho Blue Explained
      • Using Morpho Blue Borrow
      • Using Metamorpho
  • Strategies
    • Using Strategies
    • Compound Strategies
    • Leverage / Max Mining
    • Save / Unwind Mining
    • Collateral Swap
    • Debt Swap
    • Alternative Strategies
  • Governance
    • Voting and Governance
    • Snapshot
    • Atlas
  • Walkthroughs
    • Refinancing to Morpho
    • Migrate iTokens to AAVE DSA
    • Quick Start Primer
    • Metamask Tx Creation Issues
    • How to hard reset on Metamask
  • Dive Deeper
    • DeFi Smart Accounts
    • URLs by Network
Powered by GitBook
On this page
  • Migrate from native Aave v2/Compound V2 to Morpho-Aave on Instadapp
  • Migrate from Aave v2/Compound to Morpho within for existing users
  • More from Instadapp

Was this helpful?

  1. Walkthroughs

Refinancing to Morpho

Learn how to Refinance to from AAVE and Compound to Morpho

PreviousAtlasNextMigrate iTokens to AAVE DSA

Last updated 1 year ago

Was this helpful?

Migrate from native Aave v2/Compound V2 to Morpho-Aave on Instadapp

If you have a position on the native Aave v2/Compound V2 protocol and want to migrate your position to Morpho to received optimized rates, here are the steps you should follow:

  1. Create a DSA: If you don’t already have a DeFi Smart Account (DSA), it’s time to create one. Head to Instadapp & click on ‘Create Account’

The wallet is created on-chain and requires gas to be created

2. Import your position: After creating a DSA, the next step is to migrate your position from the native Aave/Compound to Instadapp. Use the import position feature from ‘DSA Tools’ > ‘Import Positions’.

3. Use the refinancing feature: Now that your positions are migrated into Instadapp. You can make use of the refinancing feature to migrate from Aave/Compound to Morpho within Instadapp. On Instadapp, Go to ‘Utilities’ > ‘Refinance’. Select ‘Aave v2’/’Compound’ in the left panel & ‘Morpho’ in the right panel.

Specify the amount to be transferred (Click max to transfer the whole position) & click on ‘Refinance’.

4. To migrate the entire position in 1 click: Use the refinancing strategy from the strategies section on the Aave-v2/Compound page. This strategy will fully refinance your position in full, use the Refinancing tool for partial refinancing.

Migrate from Aave v2/Compound to Morpho within for existing users

If you already use Instadapp, & have a position on aave/compound through Instadapp’s UI. There are 2 ways you can potentially transfer your funds:

  1. Refinance entire position: If you want to migrate your entire position from Compound or Aave to Morpho, you can do this using the refinance strategy in the strategies section.

  2. Migrate custom amounts: If you are looking to migrate custom values and tokens, you can do so from the refinancing section. On Instadapp, Go to ‘Utilities’ > ‘Refinance’. Select ‘Aave v2’/’Compound’ in the left panel & ‘Morpho’ in the right panel. Specify the amount to be transferred & click on ‘Refinance’.

More from Instadapp

Protection Automation: You can set up protection automation to protect your positions from liquidating due to market volatility.

Authority: The DSA Authority feature lets you set multiple owners for a DSA, so that multiple addresses can manage one DSA Account:

Crosschain Transfers: Need to hop to another blockchain? You can withdraw assets from your DSA to another blockchain powered by HOP protocol:

Refer to for detailed instructions
Protection Automation
Authority
Cross Chain Bridge
this guide
Once the transaction completed your posiiton will be refinanced!
Find the Refinance Strategy in the Strategies tab
Scroll to the bottom and hit migrate to finalize. The position will now be under the Morpho protocol tab!