Ask about EulerTotal Value Locked$325.07m
TVL by Chain
Monad$179.02m
Ethereum$100.84m
Base$18.71m
Plasma$9.74m
Avalanche$4.98m
BOB$4.98m
Hyperliquid L1$2.36m
Unichain$1.91m
Arbitrum$1.31m
BSC$434,204
Linea$336,030
Sonic$235,778
Berachain$194,402
TAC$10,996
Swellchain$0
Mantle$0
Key Metrics
Fees (Annualized)$63.37m
Fees 30d$2.07m
Ethereum$1.24m
Avalanche$532,109
Monad$177,597
Plasma$53,557
Base$44,151
BSC$11,967
Arbitrum$3,814
Unichain$3,806
Berachain$1,536.95
Linea$1,478.16
BOB$292.26
TAC$117.55
Sonic$88.17
Swellchain$0
Fees 7d$520,748
Ethereum$301,104
Avalanche$127,184
Monad$67,980
Plasma$12,291
Base$6,844
BSC$2,978
Arbitrum$872
Unichain$831
Berachain$275.95
Linea$267.16
BOB$70.26
TAC$27.55
Sonic$21.17
Fees 24h$78,021
Ethereum$45,445
Avalanche$18,301
Monad$10,794
Plasma$1,763
Base$880
BSC$431
Arbitrum$191
Unichain$123
Berachain$38.95
Linea$37.16
BOB$10.26
TAC$3.55
Sonic$3.17
Cumulative Fees$85.37m
Ethereum$50.55m
Avalanche$12.14m
Plasma$6.94m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.98m
Arbitrum$1.86m
BSC$1.49m
Base$880,462
Monad$418,687
Swellchain$317,868
TAC$277,541.1
BOB$139,744.52
Revenue (Annualized)$3.63m
Revenue 30d$64,861
Ethereum$30,138
Avalanche$27,842
Monad$4,416
Plasma$1,199.8
BSC$1,068.98
Arbitrum$193.49
Berachain$18.01
Base$0
BOB$0
Linea$0
Sonic$0
Swellchain$0
TAC$0
Unichain$0
Revenue 7d$15,529
Ethereum$7,204
Avalanche$6,681
Monad$1,052
Plasma$279.8
BSC$270.98
Arbitrum$44.49
Berachain$0.01
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,254
Ethereum$1,039
Avalanche$961
Monad$163
Plasma$39.8
BSC$38.98
Arbitrum$12.49
Berachain$0.01
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.62m
Ethereum$2.08m
Avalanche$872,057
Plasma$452,881.5
Sonic$286,833
Linea$237,290
Unichain$196,425
Arbitrum$153,993
Berachain$121,330.02
BSC$114,162.17
Base$32,428
Swellchain$29,149
Monad$21,934
TAC$14,759
BOB$6,919
Holders Revenue (Annualized)$2.42m
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
Swellchain$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$3.97m
$40,976.83
$33,581.45
$840.78
$5.3m
Earnings (Annualized)-$339,176.79
$23,884.17
-$18,052.45
$1,413.22
-$676,005.47
Collateral Liquidated 30d$237,065
Collateral Liquidated 30d by chain
Ethereum$232,406
Sonic$1,506
Monad$1,427
Base$740
Avalanche$499
Arbitrum$265
Berachain$158
Plasma$65
BOB$0
BSC$0
Linea$0
Unichain$0
Collateral Liquidated 7d$41,475
Ethereum$39,532
Sonic$1,506
Arbitrum$264
Berachain$151
Monad$17
Base$5
Avalanche$0
BOB$0
BSC$0
Linea$0
Plasma$0
Unichain$0
Collateral Liquidated 24h$275
Arbitrum$258
Monad$17
Avalanche$0
Base$0
Berachain$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Plasma$0
Sonic$0
Unichain$0
Cumulative Collateral Liquidated$237,340
Ethereum$232,406
Sonic$1,506
Monad$1,444
Base$740
Arbitrum$523
Avalanche$499
Berachain$158
Plasma$65
BOB$0
BSC$0
Linea$0
Unichain$0
Market Cap$54.2m
$EUL Price$2.25
$61.02m
$61.16m
$EUL Volume 24h$171.37m
CEX Volume$217.56m
DEX Volume$7.34m(4.28% of total)
Active Loans$602.54m
$EUL Liquidity$208,945
Uniswap V3$197,478
Balancer V2$11,467
Treasury$11.07m
$181,895.85
Stablecoins$931,183.9
Own Tokens$9.95m
Others$2,754.45
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 Tracked106
Average Supply APY13%
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 $325.07m in total value locked. TVL has increased 11.8% 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 55.1%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $2.07m in fees. Of that, $64,861 was protocol revenue. Based on the trailing year, the annualized rate is $63.37m in fees and $3.63m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $2.25. Its circulating market capitalization is $54.2m, ranking it #531. Its fully diluted valuation is $61.02m. Supply currently stands at 24.15m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is up 134.3% over the past 7 days and up 124.5% over the past 30 days. Its all-time high is $15.81, reached on Jul 11, 2025. The token is currently 85.8% 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 $40.189b across 464 protocols, and Euler accounts for 0.8% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Euler?
Euler currently has $602.54m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $11.07m. Its holdings include $931,183.9 in stablecoins, $181,895.85 in major assets, $9.95m in its own tokens, $2,754.45 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.
