Morpho V2 will be released in a phased rollout, beginning with Vaults V2 followed by Markets V2 after completing audits.

Quotes that support claims

Morpho confirmed that the rollout will happen in phases, starting with Vaults V2, which has already completed security audits, followed by Markets V2, currently undergoing review

Morpho V2 will be rolled out in the coming weeks, a representative for the firm said in an email.