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Uranium Enters DeFi: xU3O8 Token Lending Goes Live on Morpho via Oku

Fri Nov 07 2025

Uranium-backed xU3O8 tokens are now live for lending on Morpho through Oku, marking a milestone in DeFi’s integration with real-world assets and nuclear commodities.

DeFi Just Went Nuclear: Uranium Tokens Go Live on Morpho via Oku

Uranium enters DeFi as tokenized xU3O8 collateral goes live — bridging atomic energy and on-chain finance.

⚡ Quick Facts

☢️ Asset: xU3O8 — tokenized uranium
💸 Platform: Oku (via Morpho lending protocol)
🔗 Network: Etherlink, an EVM-compatible Layer for Tezos
🏦 Custodian: Cameco, one of the world’s largest uranium providers
💰 Use case: Borrow USDC against physical uranium exposure

☢️ From Nuclear Fuel to DeFi Collateral

The Atomic Age has officially gone on-chain.

For the first time, uranium — one of the world’s most tightly controlled and least liquid commodities — is being used as collateral in decentralized finance.

The move comes as Oku, a top DeFi aggregator, launches xU3O8 lending on Morpho, unlocking a new layer of real-world asset (RWA) liquidity.

“We’re bringing DeFi lending capabilities to a commodity long trapped in opaque OTC markets,” said Ben Elvidge, Head of Product at Uranium.io and Head of Commercial at Trilitech.

💡 How It Works

xU3O8 represents digital ownership of physical uranium securely stored in Cameco-managed facilities. Token holders can now deposit xU3O8 on Oku and borrow USDC without selling their exposure to the underlying metal.

The asset is issued by Curzon Uranium and Archax — the UK’s first FCA-regulated digital securities exchange — giving it institutional legitimacy rarely seen in the commodities sector.

Built on Etherlink (Layer-2 for Tezos), the integration combines Ethereum-style EVM compatibility with Tezos-level security, pushing DeFi infrastructure into new territory.

“For users, this is an entirely new asset class — digital uranium exposure with live liquidity,” said Dan Zajac, Head of Business Development at Oku.

🔗 The Players Behind the Move

🟣 Oku

A leading DeFi aggregator active across 35+ chains, offering 0% fees and routing through Uniswap v3 and Morpho. Oku connects 1000+ tokens through 14 swap and 11 bridge routers — making DeFi liquidity truly chain-agnostic.

🟢 Morpho

One of the fastest-growing on-chain lending networks, boasting $10B+ in deposits and $6.52B in TVL. Morpho powers custom yield and lending products, partnering with giants like Coinbase and Crypto.com.

☢️ Uranium.io (xU3O8)

A regulated uranium-backed digital asset bridging the commodity world and blockchain. Each token corresponds to uranium stored under Cameco’s custody, making atomic energy tradable and verifiable on-chain.

🌍 Why Uranium, Why Now

As the world rethinks energy security and carbon neutrality, institutional interest in uranium has exploded. Recent surveys show 97% of institutional investors would consider uranium exposure if the process were simplified.

The math backs it up:

Global production: 155M pounds/year
Global demand: 197M pounds/year

That 42M-pound deficit is pushing both prices and curiosity higher — and now, it’s creating a DeFi opportunity.

“Integration with Morpho is a leap in the uranium market’s maturity,” Elvidge said. “It turns a cold, industrial asset into programmable liquidity.”

🧠 Why It Matters

This is more than a token listing — it’s proof that DeFi can absorb real-world commodities once considered untouchable. From tokenized treasuries to uranium, on-chain markets are blurring the lines between physical and digital finance.

And as liquidity deepens, even nuclear materials can now power digital economies.

🧩 TL;DR

Uranium-backed token xU3O8 is now live for lending on Oku, powered by Morpho. Holders can borrow USDC against tokenized uranium stored in Cameco’s vaults — merging nuclear energy markets with decentralized finance. This marks a major milestone for real-world asset tokenization, expanding DeFi into the physical commodities domain.