Ask about EulerTotal Value Locked$372.88m
TVL by Chain
Monad$223.12m
Ethereum$105.2m
Base$18.38m
Plasma$9.51m
BOB$4.98m
Avalanche$4.44m
Hyperliquid L1$2.23m
Unichain$1.93m
Arbitrum$1.29m
Sonic$823,776
BSC$436,861
Linea$340,049
Berachain$178,204
TAC$10,301
Swellchain$0
Mantle$0
Key Metrics
Fees (Annualized)$62.42m
Fees 30d$2.12m
Ethereum$1.24m
Avalanche$537,398
Monad$225,295
Plasma$52,448
Base$39,311
BSC$12,196
Arbitrum$3,961.82
Unichain$3,685
Berachain$1,410.86
Linea$1,343.1
BOB$298.87
TAC$115.43
Sonic$90.38
Fees 7d$539,394
Ethereum$305,644
Avalanche$128,245
Monad$82,723
Plasma$11,624
Base$5,625
BSC$3,044
Arbitrum$982.82
Unichain$832
Linea$283.1
Berachain$272.86
BOB$71.87
TAC$25.43
Sonic$21.38
Fees 24h$75,621
Ethereum$41,280
Avalanche$18,403
Monad$13,350
Plasma$1,118
Base$715
BSC$453
Unichain$118
Arbitrum$91.82
Berachain$39.06
Linea$36.46
BOB$10.39
TAC$3.58
Sonic$2.93
Cumulative Fees$85.75m
Ethereum$50.76m
Avalanche$12.23m
Plasma$6.94m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.98m
Arbitrum$1.86m
BSC$1.49m
Base$884,211
Monad$482,934
Swellchain$317,868
TAC$277,559.03
BOB$139,796.27
Revenue (Annualized)$3.59m
Revenue 30d$65,740
Ethereum$30,492
Avalanche$28,146
Monad$4,576
Plasma$1,198.43
BSC$1,108.74
Arbitrum$218.46
Berachain$14.06
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$15,862
Ethereum$7,317
Avalanche$6,738
Monad$1,197
Plasma$278.43
BSC$277.74
Arbitrum$56.46
Berachain$0.06
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,281
Ethereum$1,051
Avalanche$968
Monad$177
BSC$41.29
Plasma$39.84
Arbitrum$4.18
Berachain$0.01
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.63m
Ethereum$2.09m
Avalanche$876,879
Plasma$453,080.27
Sonic$286,833
Linea$237,290
Unichain$196,425
Arbitrum$154,022.63
Berachain$121,330.07
BSC$114,364.06
Base$32,428
Swellchain$29,149
Monad$22,830
TAC$14,759
BOB$6,919
Holders Revenue (Annualized)$2.37m
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$3.58m
$51,273.61
$11,433.64
$1,527.05
$5.31m
Earnings (Annualized)$12,628.82
$14,466.39
$4,428.36
$753.95
-$675,196.34
Collateral Liquidated 30d$238,290
Collateral Liquidated 30d by chain
Ethereum$232,406
Base$1,627
Sonic$1,506
Monad$1,427
Avalanche$499
Arbitrum$316
Berachain$158
Unichain$147
BSC$140
Plasma$65
BOB$0
Linea$0
Collateral Liquidated 7d$40,056
Ethereum$38,556
Base$887
Arbitrum$309
Unichain$147
BSC$140
Monad$17
Avalanche$0
Berachain$0
BOB$0
Linea$0
Plasma$0
Sonic$0
Collateral Liquidated 24h$1,024
Base$877
Unichain$147
Arbitrum$0
Avalanche$0
Berachain$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Cumulative Collateral Liquidated$238,290
Ethereum$232,406
Base$1,627
Sonic$1,506
Monad$1,427
Avalanche$499
Arbitrum$316
Berachain$158
Unichain$147
BSC$140
Plasma$65
BOB$0
Linea$0
Market Cap$35.9m
$EUL Price$1.48
$40.41m
$40.23m
$EUL Volume 24h$48.06m
CEX Volume$49.94m
DEX Volume$1.35m(2.82% of total)
Active Loans$624.26m
$EUL Liquidity$208,945
Uniswap V3$197,478
Balancer V2$11,467
Treasury$7.92m
$184,763.31
Stablecoins$929,466.84
Own Tokens$6.81m
Others$2,520.4
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 Tracked105
Average Supply APY12.57%
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 $372.88m in total value locked. TVL has increased 37.1% 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 59.8%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $2.12m in fees. Of that, $65,740 was protocol revenue. Based on the trailing year, the annualized rate is $62.42m in fees and $3.59m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.48. Its circulating market capitalization is $35.9m, ranking it #699. Its fully diluted valuation is $40.41m. Supply currently stands at 24.15m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is up 50.2% over the past 7 days and up 52% over the past 30 days. Its all-time high is $15.81, reached on Jul 11, 2025. The token is currently 90.6% 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 $40.474b 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 $624.26m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $7.92m. Its holdings include $929,466.84 in stablecoins, $184,763.31 in major assets, $6.81m in its own tokens, $2,520.4 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.
