What Happens to My MPH After Closing Morpher Positions on Base

Once you close your open Morpher positions on Base, your MPH becomes freely transferable — you can move it anywhere you choose. Closing settles each position at a locked final price as part of the Morpher markets wind-down. You pay your own Base ETH gas for each transaction; the page does not state any separate closing fee.

What "freely transferable" means in practice

Before closing, MPH tied to open positions is effectively committed to those positions. After you close, that restriction is lifted, and the MPH is no longer locked to a market. From that point, the destination is your decision — the page explicitly says you can move it "wherever you want" and "anywhere." It does not list specific supported destinations, so treat the choice as yours to make rather than one the site prescribes.

Step by step

1. Connect your wallet. The page supports a browser wallet, WalletConnect, or the Morpher Wallet. Connecting is what lets the site display your open positions.
2. Review your open positions. Confirm which positions are still open before closing anything.
3. Close each position. Each close settles at a locked final price. Expect one transaction per position.
4. Pay Base ETH gas per transaction. Gas is your responsibility and applies to each close individually — closing several positions means several gas payments.
5. Confirm MPH is transferable. After closing, your MPH is no longer bound to the position and can be moved.

Expected result: all selected positions are closed at their locked final prices, and the corresponding MPH is free to transfer.

Points that commonly trip people up

• Gas is per transaction, not per session. If you hold multiple positions, budget for multiple Base ETH gas payments. A wallet with little ETH on Base will stall partway through.
• Closing is one-way in this context. The markets are being wound down, so closing is a settlement step, not a pause you can reverse by reopening.
• Transferability applies after closing, not before. Don't expect to move MPH that is still backing an open position.
• The final price is locked at close. The settlement value is fixed at the moment of closing rather than floating afterward.

Quick reference

If your goal is simply to regain control of your MPH, connecting a wallet and closing each open position is the whole task — the transferable status follows automatically once a position is settled.