Ask about Euler · freeTotal Value Locked$286.52m
TVL by Chain
Monad$208.98m
Ethereum$52.58m
Base$13.64m
Avalanche$4.44m
Unichain$1.9m
Hyperliquid L1$1.51m
Plasma$1.49m
Arbitrum$732,717
BSC$518,436
Linea$280,562
Sonic$268,659
Berachain$138,574
BOB$24,372
TAC$8,953
Swellchain$0
Mantle$0
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Fees 30d$1.69m
Fees 30d by chain
Avalanche$639,283
Ethereum$488,005
Monad$475,335
Base$25,592
BSC$24,985
Plasma$24,702
Hyperliquid L1$6,872
Arbitrum$4,108
Unichain$1,480
Berachain$1,264
Linea$821.22
BOB$502.85
Sonic$237.52
TAC$32.93
Fees 7d$384,761
Avalanche$152,681
Ethereum$114,605
Monad$98,064
BSC$6,023
Plasma$5,088
Base$4,807
Hyperliquid L1$1,810
Arbitrum$580.68
Unichain$358.95
Berachain$307.89
Linea$248.73
BOB$119.19
Sonic$68.18
TAC$0
Fees 24h$56,191
Avalanche$21,978
Ethereum$16,533
Monad$14,064
Hyperliquid L1$929
BSC$888
Plasma$843
Base$705
Arbitrum$76.01
Unichain$62.83
Linea$43.88
Berachain$41.18
BOB$17.49
Sonic$10.08
TAC$0
Cumulative Fees$90.64m
Ethereum$52.86m
Avalanche$13.87m
Plasma$7.02m
Sonic$3.47m
Linea$2.38m
Berachain$2.22m
Unichain$1.98m
Arbitrum$1.86m
Monad$1.76m
BSC$1.54m
Base$960,609
TAC$277,001
Swellchain$273,837
BOB$140,885
Hyperliquid L1$21,339
Revenue 30d$76,854
Revenue 30d by chain
Ethereum$38,601
Avalanche$34,218
BSC$2,344
Plasma$1,192
Hyperliquid L1$342.87
Arbitrum$147.29
Berachain$3.57
Base$0.30
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$18,453
Ethereum$9,278
Avalanche$8,212
BSC$564.02
Plasma$277.24
Hyperliquid L1$90.41
Arbitrum$28.41
Berachain$1.41
Base$0.07
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,692
Ethereum$1,343
Avalanche$1,176
BSC$84.01
Hyperliquid L1$46.37
Plasma$39.62
Arbitrum$2.44
Berachain$0.06
Base$0.01
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.8m
Ethereum$2.18m
Avalanche$962,945
Plasma$457,001
Sonic$261,272
Linea$236,842
Unichain$195,373
Arbitrum$153,809
Berachain$122,424
BSC$119,112
Base$32,430
Monad$27,465
Swellchain$25,121
TAC$14,736
BOB$6,913
Hyperliquid L1$1,068
Holders Revenue 30d$0.26
Holders Revenue 30d by chain
Berachain$0.26
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$0.22
Berachain$0.22
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 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$1.28m
Incentives 30d$21,988
Incentives 7d$183.94
Incentives 24h$0.27
Cumulative Incentives$5.37m
Earnings (Annualized)$908,482
Earnings 30d$54,866
Earnings 7d$18,269
Earnings 24h$2,692
Cumulative Earnings-$565,008
Collateral Liquidated 30d$339.80
Collateral Liquidated 30d by chain
Ethereum$237.32
Arbitrum$102.48
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Hyperliquid L1$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Unichain$0
Collateral Liquidated 7d$109.04
Arbitrum$102.48
Ethereum$6.56
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Hyperliquid L1$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Unichain$0
Collateral Liquidated 24h$93.60
Arbitrum$93
Ethereum$0.60
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Hyperliquid L1$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Unichain$0
Cumulative Collateral Liquidated$240,369
Ethereum$232,657
Base$1,628
Sonic$1,506
Monad$1,427
BSC$1,400
Arbitrum$511.68
Avalanche$499
Unichain$421
Berachain$254.90
Plasma$65
BOB$0
Hyperliquid L1$0
Linea$0
Market Cap$28.09m
$EUL Price$1.17
Fully Diluted Valuation$31.77m
Outstanding FDV$31.8m
$EUL Volume 24h$970,753
CEX Volume$871,319
DEX Volume$181,262(18.67% of total)
Active Loans$236.67m
Treasury$5.61m
Majors$240,010
Stablecoins$486,354
Own Tokens$4.89m
Others$1,303
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 Tracked131
Average Supply APY11.14%
User Activity
Active Addresses (24h)183
Transactions (24h)604
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
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) | $1.23m | $57,197 | $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?
Euler currently has $286.52m in total value locked.
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 72.9%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $1.69m in fees. Of that, $76,854 was protocol revenue. Based on the trailing year, the annualized rate is $40.88m in fees and $2.19m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.17. Its circulating market capitalization is $28.09m, ranking it #868. Its fully diluted valuation is $31.77m. 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 17.9% over the past 30 days. Its all-time high is $15.81, reached on Jul 10, 2025. The token is currently 92.6% 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 $53.47b across 516 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 TermMax.
How much has been borrowed through Euler?
Euler currently has $236.67m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $5.61m. Its holdings include $486,354 in stablecoins, $240,010 in major assets, $4.89m in its own tokens, $1,303 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.