Ask about EulerTotal Value Locked$357.85m
TVL by Chain
Monad$214.65m
Ethereum$91.1m
Base$18.38m
Plasma$17.06m
BOB$4.98m
Avalanche$4.46m
Hyperliquid L1$2.2m
Unichain$1.93m
Arbitrum$1.29m
Sonic$823,669
BSC$431,252
Linea$341,108
Berachain$178,548
TAC$10,410
Swellchain$0
Mantle$0
Key Metrics
Fees (Annualized)$62.6m
Fees 30d$2.11m
Ethereum$1.24m
Avalanche$536,349
Monad$214,734
Plasma$53,167
Base$40,443
BSC$12,147
Arbitrum$3,976
Unichain$3,708
Berachain$1,434.8
Linea$1,373.64
BOB$297.48
TAC$115.85
Sonic$90.45
Fees 7d$540,336
Ethereum$309,388
Avalanche$127,981
Monad$79,319
Plasma$12,263
Base$5,827
BSC$3,021
Arbitrum$1,001
Unichain$850
Linea$294.64
Berachain$272.8
BOB$71.48
TAC$25.85
Sonic$21.45
Fees 24h$70,656
Ethereum$36,210
Avalanche$18,385
Monad$12,918
Plasma$1,685
Base$709
BSC$433
Unichain$116
Arbitrum$106
Berachain$39.04
Linea$38.27
BOB$10.27
TAC$3.59
Sonic$2.93
Cumulative Fees$85.67m
Ethereum$50.71m
Avalanche$12.21m
Plasma$6.94m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.98m
Arbitrum$1.86m
BSC$1.49m
Base$883,504
Monad$469,071
Swellchain$317,868
TAC$277,555.44
BOB$139,785.77
Revenue (Annualized)$3.6m
Revenue 30d$65,565
Ethereum$30,421
Avalanche$28,084
Monad$4,544
Plasma$1,198.59
BSC$1,099.45
Arbitrum$217.28
Berachain$15.05
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$15,797
Ethereum$7,296
Avalanche$6,724
Monad$1,168
Plasma$278.59
BSC$275.45
Arbitrum$57.28
Berachain$0.05
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,269
Ethereum$1,042
Avalanche$965
Monad$177
BSC$39.95
Plasma$39.67
Arbitrum$5.65
Berachain$0.01
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.63m
Ethereum$2.09m
Avalanche$875,908
Plasma$453,040.32
Sonic$286,833
Linea$237,290
Unichain$196,425
Arbitrum$154,019.12
Berachain$121,330.06
BSC$114,321.53
Base$32,428
Swellchain$29,149
Monad$22,653
TAC$14,759
BOB$6,919
Holders Revenue (Annualized)$2.39m
Holders Revenue 30d$0
Arbitrum$0
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
TAC$0
Unichain$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
TAC$0
Unichain$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
TAC$0
Unichain$0
Cumulative Holders Revenue$3.19m
Ethereum$1.34m
Avalanche$594,982
Plasma$345,380
Linea$226,086
Unichain$165,621
Arbitrum$143,766
Sonic$107,951
Berachain$96,975
BSC$90,035
Base$28,964
Swellchain$25,034
TAC$12,856
Monad$7,045
BOB$6,210
Incentives 1y$3.62m
$49,913.64
$10,486.14
$337.19
$5.31m
Earnings (Annualized)-$24,319.5
$15,651.36
$5,310.86
$1,931.81
-$675,978.46
Collateral Liquidated 30d$237,266
Collateral Liquidated 30d by chain
Ethereum$232,406
Sonic$1,506
Monad$1,427
Base$750
Avalanche$499
Arbitrum$316
Berachain$158
BSC$140
Plasma$65
BOB$0
Linea$0
Unichain$0
Collateral Liquidated 7d$40,070
Ethereum$39,523
Arbitrum$309
BSC$140
Berachain$71
Monad$17
Base$10
Avalanche$0
BOB$0
Linea$0
Plasma$0
Sonic$0
Unichain$0
Collateral Liquidated 24h$0
Arbitrum$0
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Unichain$0
Cumulative Collateral Liquidated$237,266
Ethereum$232,406
Sonic$1,506
Monad$1,427
Base$750
Avalanche$499
Arbitrum$316
Berachain$158
BSC$140
Plasma$65
BOB$0
Linea$0
Unichain$0
Market Cap$34.9m
$EUL Price$1.45
$39.29m
$39.42m
$EUL Volume 24h$24.61m
CEX Volume$44.49m
DEX Volume$1.1m(4.47% of total)
Active Loans$631.92m
$EUL Liquidity$208,945
Uniswap V3$197,478
Balancer V2$11,467
Treasury$7.71m
$184,160.25
Stablecoins$929,464.82
Own Tokens$6.6m
Others$2,713.53
Total Raised$40.8m
Dec 6, 2020$800,000Round: SeedInvestors: Lemniscap
Aug 25, 2021$8mRound: Series AInvestors: Anthony Sassano, Cluster Capital, CMT Digital, Danilo S. Carlucci, David Hoffmann, Divergence Ventures, DOUBLE TOP, Hasu Fl, Josh Buckley, Kain Warwick, LAUNCHub Ventures, Lemniscap, Luke Youngblood, Manu Andorra, Paradigm, Ric Burton, Ryan Sean Adams, Supriyo
Jun 7, 2022$32mRound: Investors: Haun Ventures, Variant Fund, FTX Ventures, Coinbase Ventures, Jump Crypto, Jane Street, Uniswap Labs Ventures
Protocol Information
Euler revolutionizes DeFi by letting any asset become collateral for a lending market. Lenders and borrowers get market leading risk-adjusted rates. Builders can create and manage markets exactly how they want them, with institutional-grade security.
Category:Lending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked106
Average Supply APY12.46%
Hacks
Date: Mar 13, 2023
Protocol: Euler V1
Amount: $197m
Classification: Protocol Logic
Technique: Flashloan Donate Function Logic Exploit
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $240m
Competitors
Frequently Asked Questions
What is Euler?
Euler revolutionizes DeFi by letting any asset become collateral for a lending market. Lenders and borrowers get market leading risk-adjusted rates. Builders can create and manage markets exactly how they want them, with institutional-grade security.
What is Euler's TVL?
Euler currently has $357.85m in total value locked. TVL has increased 20.8% over the past 30 days.
What chains does Euler operate on?
Euler operates on 16 chains: Ethereum, Monad, Base, Plasma, and BOB and 11 others. Monad holds the largest share at 60%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $2.11m in fees. Of that, $65,565 was protocol revenue. Based on the trailing year, the annualized rate is $62.6m in fees and $3.6m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.47. Its circulating market capitalization is $35.34m, ranking it #712. Its fully diluted valuation is $39.79m. Supply currently stands at 24.15m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is up 46.5% over the past 7 days and up 43.6% over the past 30 days. Its all-time high is $15.81, reached on Jul 11, 2025. The token is currently 90.7% below that level.
How does Euler's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Euler ranks #13 by TVL. The category holds $40.191b across 466 protocols, and Euler accounts for 0.9% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Euler?
Euler currently has $631.92m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $7.71m. Its holdings include $929,464.82 in stablecoins, $184,160.25 in major assets, $6.6m in its own tokens, $2,713.53 in other assets.
Has Euler ever been exploited?
Euler has 1 recorded security incident. The most recent incident occurred on Mar 13, 2023 and involved $197m. It was classified as Protocol Logic.
