Logo of Euler V2Euler V2(EUL)

Total Value Locked$356m

TVL by Chain

Monad$262.45m

Ethereum$58.12m

Base$16.14m

Avalanche$4.8m

BOB$4.79m

Hyperliquid L1$2.56m

Plasma$1.99m

Unichain$1.88m

BSC$1.46m

Arbitrum$1.02m

Linea$351,104.58

Sonic$266,844.63

Berachain$154,118.8

TAC$9,292.59

Swellchain$0

Mantle$0

Key Metrics

Fees 30d$1.17m
Fees 30d by chain

Ethereum$438,650

Avalanche$380,888

Monad$293,479

Base$17,831

Plasma$15,424

BSC$12,867

Arbitrum$3,182

Hyperliquid L1$2,890.53

Unichain$1,538.6

Berachain$749.92

Linea$379.62

BOB$258.27

Sonic$84.32

TAC$35.26

Fees 7d$387,803

Avalanche$142,182

Ethereum$115,249

Monad$107,313

Base$8,039

Plasma$5,644

BSC$4,989

Hyperliquid L1$2,072

Arbitrum$1,507

Berachain$276.71

Unichain$254.67

Linea$145.41

BOB$95.92

Sonic$31.34

TAC$4.37

Fees 24h$57,086

Avalanche$20,517

Ethereum$17,027

Monad$16,397

Base$1,003

Plasma$816

BSC$751

Hyperliquid L1$266

Arbitrum$182

Berachain$39.75

Unichain$38.11

Linea$29.24

BOB$14.33

Sonic$5.34

TAC$0

Cumulative Fees$88.47m

Ethereum$51.99m

Avalanche$13.01m

Plasma$6.98m

Sonic$3.81m

Linea$2.38m

Berachain$2.2m

Unichain$1.99m

Arbitrum$1.86m

BSC$1.51m

Monad$1.08m

Base$920,185

Swellchain$317,864.18

TAC$277,669.91

BOB$140,281.87

Hyperliquid L1$3,156.53

Revenue 30d$45,130
Revenue 30d by chain

Ethereum$22,296

Avalanche$20,199

BSC$1,217.72

Plasma$754.58

Monad$404

Hyperliquid L1$144.8

Arbitrum$112.07

Base$0.19

Berachain$0.01

BOB$0

Linea$0

Sonic$0

TAC$0

Unichain$0

Revenue 7d$16,858

Ethereum$8,419

Avalanche$7,553

BSC$471.66

Plasma$278.51

Hyperliquid L1$103.65

Arbitrum$31.2

Base$0.07

Berachain$0.01

BOB$0

Linea$0

Monad$0

Sonic$0

TAC$0

Unichain$0

Revenue 24h$2,503

Ethereum$1,283

Avalanche$1,091

BSC$71.13

Plasma$39.74

Hyperliquid L1$13.33

Arbitrum$4.56

Base$0.01

Berachain$0.01

BOB$0

Linea$0

Monad$0

Sonic$0

TAC$0

Unichain$0

Cumulative Revenue$4.73m

Ethereum$2.13m

Avalanche$918,010

Plasma$454,655.82

Sonic$286,833.22

Linea$237,290.1

Unichain$196,426.92

Arbitrum$154,195.33

Berachain$121,313.98

BSC$116,543.13

Base$32,427.31

Swellchain$29,149.79

Monad$26,864.17

TAC$14,757.5

BOB$6,916.95

Hyperliquid L1$158.13

Holders Revenue 30d$0.01
Holders Revenue 30d by chain

Berachain$0.01

Arbitrum$0

Avalanche$0

Base$0

BOB$0

BSC$0

Ethereum$0

Hyperliquid L1$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

Hyperliquid L1$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

Hyperliquid L1$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$96,976.2

BSC$90,035

Base$28,964

Swellchain$25,034

TAC$12,856

Monad$7,045

BOB$6,210

Hyperliquid L1$0

Cumulative Collateral Liquidated$239,935.56
Cumulative Collateral Liquidated by chain

Ethereum$232,419.26

Base$1,627.71

Sonic$1,506

Monad$1,427

BSC$1,400

Avalanche$499

Unichain$421

Arbitrum$316.2

Berachain$254.9

Plasma$65

BOB$0

Linea$0

Active Loans$371.38m

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.

WebsiteX/Twitter
Category:Lending

Audits:

Methodology

TVL: TVL is supply balance minus borrows the euler contract. Borrowed excludes vaults whose underlying or whose accepted collateral vaults' underlyings have no price in coins.llama.fi (treated as worthless/insolvent).View code on GitHubFees: Includes interest that is paid by the borrowers, protocol and curators fees.View code on GitHubRevenue: Fees collected by Euler protocol.View code on GitHubHolders Revenue: Revenue used for buy back EUL tokens.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in Euler v2 eVault Liquidate events.View code on GitHub

Yields

Pools Tracked151

Average Supply APY10.92%

User Activity

Active Addresses (24h)214

Transactions (24h)669

Competitors

Morpho Blue ($10.619b)Aave V3 ($17.797b)Impermax V2 ($591,910.95)PWN ($22,613.86)Compound V3 ($1.457b)Gearbox ($23.06m)Tarot ($659,477.13)Ajna V2 ($62,517.54)Venus Core Pool ($1.299b)TermMax ($27.5m)

Frequently Asked Questions

What is Euler V2's TVL?

Euler V2 currently has $356m in total value locked. TVL has decreased 4% over the past 30 days.

What chains does Euler V2 operate on?

Euler V2 operates on 17 chains: Monad, Ethereum, Base, BOB, and Avalanche and 12 others. Monad holds the largest share at 73.7%.

How much has Euler V2 generated in fees and revenue?

Over the past 30 days, Euler V2 generated $1.17m in fees. Of that, $45,130 was protocol revenue. Based on the trailing year, the annualized rate is $51.9m in fees and $3.08m in revenue.

How does Euler V2's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Euler V2 ranks #14 by TVL. The category holds $53.215b across 517 protocols, and Euler V2 accounts for 0.7% of that total. Other leading protocols include Morpho Blue, Aave V3, Impermax V2, PWN, Compound V3, Gearbox, Tarot, Ajna V2, Venus Core Pool, and TermMax.

How much has been borrowed through Euler V2?

Euler V2 currently has $371.38m in active loans.