Total Value Locked$340.57m
TVL by Chain
Monad$195.84m
Ethereum$104m
Base$18.02m
Plasma$6.42m
BOB$4.98m
Avalanche$4.46m
Hyperliquid L1$2.13m
Unichain$1.88m
Arbitrum$1.28m
Sonic$632,058
BSC$420,872
Linea$330,514
Berachain$174,559
TAC$10,250
Swellchain$0
Mantle$0
Key Metrics
Fees (Annualized)$61.88m
Fees 30d$2.15m
Ethereum$1.24m
Avalanche$540,762
Monad$257,441
Plasma$49,442
Base$36,772
BSC$12,465
Arbitrum$3,921.48
Unichain$3,618
Berachain$1,340.34
Linea$1,298.36
BOB$302.55
TAC$114.26
Sonic$90.4
Fees 7d$542,778
Ethereum$301,530
Avalanche$128,858
Monad$92,789
Plasma$8,766
Base$5,427
BSC$3,114
Unichain$870
Arbitrum$752.48
Linea$281.17
Berachain$273.37
BOB$71.93
TAC$25.15
Sonic$21.01
Fees 24h$78,374
Ethereum$43,157
Avalanche$18,554
Monad$14,261
Base$828
Plasma$794
BSC$456
Unichain$146
Arbitrum$85.11
Berachain$39.18
Linea$36.72
BOB$10.27
TAC$3.61
Sonic$3.05
Cumulative Fees$85.99m
Ethereum$50.89m
Avalanche$12.28m
Plasma$6.95m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.99m
Arbitrum$1.86m
BSC$1.49m
Base$886,709
Monad$526,180
Swellchain$317,868
TAC$277,569.87
BOB$139,826.81
Revenue (Annualized)$3.56m
Revenue 30d$66,434
Ethereum$30,868
Avalanche$28,343
Monad$4,675
Plasma$1,197.43
BSC$1,132.54
Arbitrum$217.79
Berachain$11.09
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$16,129
Ethereum$7,518
Avalanche$6,769
Monad$1,242
BSC$284.06
Plasma$277.88
Arbitrum$37.72
Berachain$0.07
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,329
Ethereum$1,090
Avalanche$975
Monad$179
BSC$41.55
Plasma$39.7
Arbitrum$3.41
Berachain$0.01
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.64m
Ethereum$2.09m
Avalanche$879,800
Plasma$453,199.12
Sonic$286,833
Linea$237,290
Unichain$196,425
Arbitrum$154,032.76
Berachain$121,330.1
BSC$114,488.12
Base$32,428
Swellchain$29,149
Monad$23,366
TAC$14,759
BOB$6,919
Holders Revenue (Annualized)$2.36m
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$3.47m
$51,887.01
$10,214.34
$28.14
$5.31m
Earnings (Annualized)$95,404.53
$14,546.99
$5,914.66
$2,300.86
-$669,535.99
Collateral Liquidated 30d$170,860.62
Collateral Liquidated 30d by chain
Ethereum$163,627.62
Base$1,627
Sonic$1,506
Monad$1,427
BSC$1,400
Avalanche$499
Arbitrum$315
Berachain$248
Unichain$147
Plasma$65
BOB$0
Linea$0
Collateral Liquidated 7d$2,595.62
BSC$1,400
Base$887
Unichain$147
Berachain$97
Arbitrum$51
Ethereum$13.62
Avalanche$0
BOB$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Collateral Liquidated 24h$13.62
Ethereum$13.62
Arbitrum$0
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Unichain$0
Cumulative Collateral Liquidated$239,948.62
Ethereum$232,433.24
Base$1,627
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$33.36m
$EUL Price$1.38
$37.56m
$37.51m
$EUL Volume 24h$70.82m
CEX Volume$57.66m
DEX Volume$1.38m(1.95% of total)
Active Loans$611.64m
$EUL Liquidity$208,945
Uniswap V3$197,478
Balancer V2$11,467
Treasury$7.76m
$179,425.81
Stablecoins$930,375.96
Own Tokens$6.65m
Others$2,501.92
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 Tracked105
Average Supply APY12.86%
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 $340.57m in total value locked. TVL has increased 19.1% 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 57.5%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $2.15m in fees. Of that, $66,434 was protocol revenue. Based on the trailing year, the annualized rate is $61.88m in fees and $3.56m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.38. Its circulating market capitalization is $33.36m, ranking it #733. Its fully diluted valuation is $37.56m. Supply currently stands at 24.15m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is down 29.8% over the past 7 days and up 31.1% over the past 30 days. Its all-time high is $15.81, reached on Jul 11, 2025. The token is currently 91.3% 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 $39.926b 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 $611.64m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $7.76m. Its holdings include $930,375.96 in stablecoins, $179,425.81 in major assets, $6.65m in its own tokens, $2,501.92 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.

