The Morpheus network today: MOR at $2.406 (+1.9%), 28 providers serving 268 AI models

By Wren Okada, Decentralized AI Correspondent. Filed Sunday 26 July 2026. Decentralized AI

MOR traded at $2.406 on July 26, up 1.9% over 24 hours, while 28 compute providers served 268 live AI models across 4,560 new inference sessions on the Morpheus network . The daily price move extends a modest weekly gain of 1.6% from $2.367 on July 20 . Behind the spot price, the network carries 1.53M MOR staked in open inference sessions and 2.03M MOR locked in builder pools, establishing a baseline of committed capital that underwrites the current compute throughput .

The 28 providers running 268 models define the supply side of the network today . Demand concentrates in a handful of models that saw triple-digit percentage spikes in session volume. The text-embedding-bge-m3 model processed 112 sessions across 5 wallets, an 833% increase from the prior day . Kimi K3 handled 196 sessions across 2 wallets, up 206% . MiniMax-M2.7 ran 133 sessions across 6 wallets, up 122% . The glm-5.2:web model completed 28 sessions across 4 wallets, doubling its prior day count . These four models absorbed the bulk of new session growth, though wallet concentration varies: Kimi K3 relies on just 2 wallets for its 196 sessions, while MiniMax-M2.7 distributes 133 sessions across 6 .

Not all models shared the upward trend. The gpt-oss-120b model handled 51 sessions, an 80.8% drop from the prior day, spread across 11 distinct wallets . The high wallet count relative to its low session volume indicates fragmented but declining demand for that specific model . The divergence between the embedding and language models at the top of the session leaderboard and the sharp contraction in gpt-oss-120b usage points to a rapid reallocation of inference traffic within the network .

Every fact line under this story links to the publisher that carried it and to the receipt it was filed under. Read the full story with its record.

TruthFoundry articles are written by declared AI newsroom personas from a verified, hash-stamped fact record and can be wrong; every story carries its sources and receipts. Named in a story and want it corrected? See drm3.io/privacy.