Ask about Euler · freeTotal Value Locked$268.39m
TVL by Chain
Monad$193.26m
Ethereum$52.35m
Base$11.84m
Avalanche$4.31m
Unichain$1.74m
Plasma$1.52m
Hyperliquid L1$1.43m
Arbitrum$778,392
BSC$498,912
Linea$258,745
Sonic$248,849
Berachain$123,091
BOB$22,626
TAC$8,054
Swellchain$0
Mantle$0
Key Metrics
Fees 30d$1.66m
Fees 30d by chain
Avalanche$638,283
Ethereum$483,774
Monad$448,061
BSC$25,356
Base$24,540
Plasma$23,864
Hyperliquid L1$10,590
Arbitrum$2,920
Unichain$1,699
Berachain$1,269
Linea$968.91
BOB$508.50
Sonic$252.95
TAC$24.44
Fees 7d$370,778
Avalanche$143,680
Ethereum$107,904
Monad$96,027
Base$6,197
BSC$5,972
Plasma$5,121
Hyperliquid L1$3,959
Arbitrum$689.23
Unichain$469.82
Linea$300.85
Berachain$281.72
BOB$116.74
Sonic$59.31
TAC$0
Fees 24h$36,680
Monad$14,392
Avalanche$10,787
Ethereum$8,663
Base$1,345
BSC$489
Plasma$417
Hyperliquid L1$330
Arbitrum$96.99
Unichain$61.71
Berachain$38.98
Linea$37.98
BOB$14.85
Sonic$7.24
TAC$0
Cumulative Fees$91.01m
Ethereum$52.96m
Avalanche$14.02m
Plasma$7.02m
Sonic$3.47m
Linea$2.38m
Berachain$2.22m
Unichain$1.98m
Arbitrum$1.86m
Monad$1.86m
BSC$1.55m
Base$966,799
TAC$277,001
Swellchain$273,837
BOB$141,001
Hyperliquid L1$25,654
Revenue 30d$77,250
Revenue 30d by chain
Ethereum$38,791
Avalanche$34,248
BSC$2,377
Plasma$1,169
Hyperliquid L1$528.48
Arbitrum$128.92
Berachain$3.65
Base$0.30
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$17,524
Ethereum$8,737
Avalanche$7,744
BSC$557.07
Plasma$256.04
Hyperliquid L1$197.67
Arbitrum$32.75
Berachain$0.10
Base$0.07
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$1,295
Ethereum$631
Avalanche$580
BSC$44.68
Plasma$18.28
Hyperliquid L1$16.64
Arbitrum$4.53
Base$0.01
Berachain$0
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.82m
Ethereum$2.19m
Avalanche$970,689
Plasma$457,257
Sonic$261,272
Linea$236,842
Unichain$195,373
Arbitrum$153,843
Berachain$122,425
BSC$119,668
Base$32,430
Monad$27,465
Swellchain$25,121
TAC$14,736
BOB$6,913
Hyperliquid L1$1,283
Holders Revenue 30d$0.24
Holders Revenue 30d by chain
Berachain$0.24
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$3.2m
Ethereum$1.35m
Avalanche$594,125
Plasma$352,076
Linea$226,695
Unichain$165,223
Arbitrum$143,425
Sonic$108,268
Berachain$96,962
BSC$90,131
Base$29,102
Swellchain$20,065
TAC$12,855
Monad$7,069
BOB$6,213
Hyperliquid L1$0
Incentives 1y$1.1m
Incentives 30d$20,780
Incentives 7d$664.95
Incentives 24h$0.10
Cumulative Incentives$5.37m
Earnings (Annualized)$924,542
Earnings 30d$56,470
Earnings 7d$16,859
Earnings 24h$1,295
Cumulative Earnings-$549,023
Collateral Liquidated 30d$51,959
Collateral Liquidated 30d by chain
Ethereum$29,376
Hyperliquid L1$21,120
Base$1,109
Berachain$229
Arbitrum$102.48
Unichain$23.02
Avalanche$0
BOB$0
BSC$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Collateral Liquidated 7d$51,618
Ethereum$29,137
Hyperliquid L1$21,120
Base$1,109
Berachain$229
Unichain$23.02
Arbitrum$0
Avalanche$0
BOB$0
BSC$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Collateral Liquidated 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
Unichain$0
Cumulative Collateral Liquidated$291,895
Ethereum$261,795
Hyperliquid L1$21,120
Base$2,737
Sonic$1,506
Monad$1,427
BSC$1,400
Avalanche$499
Berachain$483.90
Unichain$444.02
Arbitrum$418.68
Plasma$65
BOB$0
Linea$0
Market Cap$25.48m
$EUL Price$1.06
Fully Diluted Valuation$28.82m
Outstanding FDV$28.81m
$EUL Volume 24h$8.39m
CEX Volume$5.55m
DEX Volume$2.98m(35.54% of total)
Active Loans$320.01m
Treasury$5.11m
Majors$217,685
Stablecoins$485,900
Own Tokens$4.4m
Others$1,758
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.
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 Tracked134
Average Supply APY12.13%
User Activity
Active Addresses (24h)228
Transactions (24h)785
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
Euler history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Dec 12, 2021 to Oct 30, 2026.
All-time high TVL: $2.202b on Oct 6, 2025. All-time low TVL: $506 on Dec 12, 2021.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $353.87m |
| Oct 2, 2026 | $349.27m |
| Oct 3, 2026 | $347.13m |
| Oct 4, 2026 | $347.84m |
| Oct 5, 2026 | $349.12m |
| Oct 6, 2026 | $348.02m |
| Oct 7, 2026 | $341.97m |
| Oct 8, 2026 | $320.81m |
| Oct 9, 2026 | $301.86m |
| Oct 10, 2026 | $301.79m |
| Oct 11, 2026 | $296.98m |
| Oct 12, 2026 | $303.43m |
| Oct 13, 2026 | $298.79m |
| Oct 14, 2026 | $300.8m |
| Oct 15, 2026 | $292.62m |
| Oct 16, 2026 | $290.52m |
| Oct 17, 2026 | $288.1m |
| Oct 18, 2026 | $287.39m |
| Oct 19, 2026 | $290.93m |
| Oct 20, 2026 | $290.55m |
| Oct 21, 2026 | $291.93m |
| Oct 22, 2026 | $287.97m |
| Oct 23, 2026 | $284.7m |
| Oct 24, 2026 | $282.48m |
| Oct 25, 2026 | $276.66m |
| Oct 26, 2026 | $280.4m |
| Oct 27, 2026 | $279.51m |
| Oct 28, 2026 | $283.05m |
| Oct 29, 2026 | $278.13m |
| Oct 30, 2026 | $266.67m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $59.51m |
| Dec 31, 2024 | $107.19m |
| Jan 31, 2025 | $158.16m |
| Feb 28, 2025 | $290.88m |
| Mar 31, 2025 | $566.23m |
| Apr 30, 2025 | $775.47m |
| May 31, 2025 | $967.53m |
| Jun 30, 2025 | $1.128b |
| Jul 31, 2025 | $1.136b |
| Aug 31, 2025 | $1.471b |
| Sep 30, 2025 | $1.663b |
| Oct 31, 2025 | $1.646b |
| Nov 30, 2025 | $1.04b |
| Dec 31, 2025 | $1.014b |
| Jan 31, 2026 | $587.61m |
| Feb 28, 2026 | $500.63m |
| Mar 31, 2026 | $505.93m |
| Apr 30, 2026 | $374.4m |
| May 31, 2026 | $283.71m |
| Jun 30, 2026 | $296.23m |
| Jul 31, 2026 | $373.54m |
| Aug 31, 2026 | $374.46m |
| Sep 30, 2026 | $353.11m |
| Oct 30, 2026 (latest) | $266.67m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $28.62m |
| Dec 31, 2022 | $173.71m |
| Dec 31, 2023 | $86,765 |
| Dec 31, 2024 | $107.19m |
| Dec 31, 2025 | $1.014b |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $73,478 | $6,301 | $3,374 |
| Dec 2024 | $409,798 | $26,415 | $18,712 |
| Jan 2025 | $1.06m | $43,657 | $39,074 |
| Feb 2025 | $898,255 | $38,872 | $27,728 |
| Mar 2025 | $1.9m | $85,805 | $64,381 |
| Apr 2025 | $2.45m | $120,181 | $98,852 |
| May 2025 | $4.38m | $213,598 | $173,564 |
| Jun 2025 | $5.07m | $216,567 | $166,169 |
| Jul 2025 | $7.21m | $297,700 | $238,700 |
| Aug 2025 | $8.43m | $342,139 | $243,079 |
| Sep 2025 | $9.8m | $638,395 | $493,065 |
| Oct 2025 | $11.6m | $817,851 | $720,458 |
| Nov 2025 | $8.36m | $518,878 | $362,958 |
| Dec 2025 | $4.92m | $298,949 | $169,499 |
| Jan 2026 | $3.93m | $233,368 | $113,956 |
| Feb 2026 | $2.81m | $160,350 | $131,132 |
| Mar 2026 | $2.68m | $153,257 | $88,189 |
| Apr 2026 | $2.72m | $155,431 | $46,895 |
| May 2026 | $2.34m | $99,784 | $0 |
| Jun 2026 | $2.07m | $62,398 | $0 |
| Jul 2026 | $2.2m | $68,120 | $0 |
| Aug 2026 | $2.3m | $72,963 | $1.20 |
| Sep 2026 | $1.79m | $72,248 | $0.03 |
| Oct 2026 (to date) | $1.63m | $75,486 | $0.24 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/euler
Frequently asked questions
What is Euler's TVL?
As of Oct 30, 2026, Euler has $268.39m in total value locked. TVL has decreased 24% over the past 30 days.
What chains does Euler operate on?
Euler operates on 17 chains: Ethereum, Monad, Base, Avalanche, and Unichain and 12 others. Monad holds the largest share at 72%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $1.66m in fees. Of that, $77,250 was protocol revenue. Based on the trailing year, the annualized rate is $38.48m in fees and $2.02m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.08. Its circulating market capitalization is $25.91m, ranking it #919. Its fully diluted valuation is $29.3m. Supply currently stands at 24.03m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is down 7.9% over the past 7 days and down 23.9% over the past 30 days. Its all-time high is $15.81, reached on Jul 10, 2025. The token is currently 93.2% below that level.
How does Euler's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Euler ranks #16 by TVL. The category holds $49.178b across 517 protocols, and Euler accounts for 0.5% of that total. Similar protocols include Morpho Blue, Aave V3, Impermax V2, PWN, Compound V3, Gearbox, Tarot, Ajna V2, Venus Core Pool, and Folks Finance xChain.
How much has been borrowed through Euler?
As of Oct 30, 2026, Euler has $320.01m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $5.11m. Its holdings include $485,900 in stablecoins, $217,685 in major assets, $4.4m in its own tokens, $1,758 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.