Total Value Locked$341.99m
TVL by Chain
Monad$216.28m
Ethereum$84.04m
Base$18.29m
Plasma$7.21m
BOB$5m
Avalanche$4.43m
Hyperliquid L1$2.3m
Unichain$1.95m
Arbitrum$878,116
Sonic$722,875
BSC$434,350
Linea$319,088
Berachain$127,903
TAC$9,316
Swellchain$0
Mantle$0
Key Metrics
Fees (Annualized)$58.96m
Fees 30d$2.25m
Ethereum$1.22m
Avalanche$557,445
Monad$391,301
Plasma$34,717
Base$25,998
BSC$13,881
Unichain$3,969
Arbitrum$3,157.39
Linea$1,247.41
Berachain$1,174.09
BOB$310.98
TAC$113.37
Sonic$94.05
Fees 7d$482,854
Ethereum$231,521
Avalanche$133,049
Monad$100,799
Plasma$5,910
Base$5,865
BSC$3,511
Unichain$1,101
Arbitrum$601.26
Berachain$274.39
Linea$101.32
BOB$73.76
TAC$26.59
Sonic$22.61
Fees 24h$68,400
Ethereum$32,753
Avalanche$19,165
Monad$13,966
Base$893
Plasma$840
BSC$506
Unichain$138
Arbitrum$67.94
Berachain$39.17
Linea$14.53
BOB$10.79
TAC$3.73
Sonic$3.18
Cumulative Fees$87.17m
Ethereum$51.49m
Avalanche$12.59m
Plasma$6.96m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.99m
Arbitrum$1.86m
BSC$1.5m
Base$900,541
Monad$754,233
Swellchain$317,868
TAC$277,631.11
BOB$139,995.78
Revenue (Annualized)$3.43m
Revenue 30d$69,156
Ethereum$32,044
Avalanche$29,323
Monad$5,195
BSC$1,269.77
Plasma$1,191.15
Arbitrum$135.1
Berachain$0.13
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$16,542
Ethereum$7,641
Avalanche$7,017
Monad$1,265
BSC$322.47
Plasma$277.55
Arbitrum$17.98
Base$0
Berachain$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,388
Ethereum$1,104
Avalanche$1,013
Monad$182
BSC$47.09
Plasma$39.7
Arbitrum$2.34
Base$0
Berachain$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.68m
Ethereum$2.11m
Avalanche$895,699
Plasma$453,832.99
Sonic$286,833
Linea$237,290
Unichain$196,425
Arbitrum$154,078.44
Berachain$121,330.13
BSC$115,206.89
Base$32,428
Swellchain$29,149
Monad$26,244
TAC$14,759
BOB$6,919
Holders Revenue (Annualized)$2.2m
Holders Revenue 30d$1.19
Berachain$1.19
Arbitrum$0
Avalanche$0
Base$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
TAC$0
Unichain$0
Holders Revenue 7d$1.19
Berachain$1.19
Arbitrum$0
Avalanche$0
Base$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$96,976.19
BSC$90,035
Base$28,964
Swellchain$25,034
TAC$12,856
Monad$7,045
BOB$6,210
Incentives 1y$3.06m
$31,605.12
$330.91
$138.73
$5.33m
Earnings (Annualized)$367,459.84
$37,550.88
$16,211.09
$2,249.27
-$650,143.32
Collateral Liquidated 30d$44,330.62
Collateral Liquidated 30d by chain
Ethereum$39,536.62
Sonic$1,506
BSC$1,400
Base$893.11
Unichain$421
Arbitrum$309
Berachain$248
Monad$17
Avalanche$0
BOB$0
Linea$0
Plasma$0
Cumulative Collateral Liquidated$239,935.62
Ethereum$232,419.62
Base$1,628.11
Sonic$1,506
Monad$1,427
BSC$1,400
Avalanche$499
Unichain$421
Arbitrum$316
Berachain$255
Plasma$65
BOB$0
Linea$0
Market Cap$29.91m
$EUL Price$1.25
$33.86m
$33.98m
$EUL Volume 24h$9.12m
CEX Volume$9.42m
DEX Volume$289,261.56(3.17% of total)
Active Loans$596.4m
$EUL Liquidity$208,945
Uniswap V3$197,478
Balancer V2$11,467
Treasury$6.77m
$184,977.72
Stablecoins$929,945.83
Own Tokens$5.65m
Others$2,231.27
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
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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 Tracked154
Average Supply APY11.29%
Hacks
Date: Mar 13, 2023
Protocol: Euler V1
Amount: $197m
Classification: Token & Share Accounting
Technique: Donation Attack
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 $341.99m in total value locked. TVL has increased 10.8% 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 63.2%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $2.25m in fees. Of that, $69,156 was protocol revenue. Based on the trailing year, the annualized rate is $58.96m in fees and $3.43m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.21. Its circulating market capitalization is $29.11m, ranking it #794. Its fully diluted valuation is $32.95m. Supply currently stands at 24.01m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is up 10.5% over the past 7 days and up 27.7% over the past 30 days. Its all-time high is $15.81, reached on Jul 10, 2025. The token is currently 92.3% 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 $41.893b across 467 protocols, and Euler accounts for 0.8% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Euler?
Euler currently has $596.4m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $6.77m. Its holdings include $929,945.83 in stablecoins, $184,977.72 in major assets, $5.65m in its own tokens, $2,231.27 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 Token & Share Accounting.
