Total Value Locked$362.01m
TVL by Chain
Monad$211.61m
Ethereum$106.44m
Base$18.41m
Plasma$9.45m
BOB$4.98m
Avalanche$4.45m
Hyperliquid L1$2.24m
Unichain$1.93m
Arbitrum$1.29m
BSC$431,352
Linea$340,714
Sonic$234,933
Berachain$180,634
TAC$10,322
Swellchain$0
Mantle$0
Key Metrics
Fees (Annualized)$62.8m
Fees 30d$2.11m
Ethereum$1.25m
Avalanche$535,269
Monad$204,614
Plasma$53,310
Base$41,584
BSC$12,108
Arbitrum$3,976
Unichain$3,733
Berachain$1,459.76
Linea$1,404.37
BOB$296.21
TAC$116.26
Sonic$90.52
Fees 7d$544,140
Ethereum$316,941
Avalanche$127,827
Monad$75,433
Plasma$12,330
Base$6,046
BSC$3,020
Arbitrum$1,004
Unichain$853
Linea$293.37
Berachain$272.76
BOB$71.21
TAC$26.26
Sonic$21.52
Fees 24h$78,816
Ethereum$44,642
Avalanche$18,386
Monad$12,533
Plasma$1,746
Base$717
BSC$431
Arbitrum$132
Unichain$115
Linea$58.5
Berachain$38.78
BOB$10.19
TAC$3.57
Sonic$2.98
Cumulative Fees$85.6m
Ethereum$50.68m
Avalanche$12.19m
Plasma$6.94m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.98m
Arbitrum$1.86m
BSC$1.49m
Base$882,738
Monad$456,372
Swellchain$317,868
TAC$277,551.85
BOB$139,775.48
Revenue (Annualized)$3.61m
Revenue 30d$65,392
Ethereum$30,349
Avalanche$28,025
Monad$4,512
Plasma$1,198.92
BSC$1,091.5
Arbitrum$214.63
Berachain$16.04
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$15,740
Ethereum$7,278
Avalanche$6,716
Monad$1,139
Plasma$278.92
BSC$274.5
Arbitrum$56.63
Berachain$0.04
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,286
Ethereum$1,056
Avalanche$966
Monad$177
Plasma$39.45
BSC$39.43
Arbitrum$7.64
Berachain$0.01
Base$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.63m
Ethereum$2.09m
Avalanche$874,944
Plasma$453,000.4
Sonic$286,833
Linea$237,290
Unichain$196,425
Arbitrum$154,015.61
Berachain$121,330.05
BSC$114,280.95
Base$32,428
Swellchain$29,149
Monad$22,476
TAC$14,759
BOB$6,919
Holders Revenue (Annualized)$2.41m
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$3.89m
$49,880.76
$10,502.53
$7,248.64
$5.31m
Earnings (Annualized)-$283,882.86
$15,511.24
$5,237.47
-$4,962.64
-$678,166.3
Collateral Liquidated 30d$237,266
Collateral Liquidated 30d by chain
Ethereum$232,406
Sonic$1,506
Monad$1,427
Base$750
Avalanche$499
Arbitrum$316
Berachain$158
BSC$140
Plasma$65
BOB$0
Linea$0
Unichain$0
Collateral Liquidated 7d$40,070
Ethereum$39,523
Arbitrum$309
BSC$140
Berachain$71
Monad$17
Base$10
Avalanche$0
BOB$0
Linea$0
Plasma$0
Sonic$0
Unichain$0
Collateral Liquidated 24h$150
BSC$140
Base$10
Arbitrum$0
Avalanche$0
Berachain$0
BOB$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Unichain$0
Cumulative Collateral Liquidated$237,406
Ethereum$232,406
Sonic$1,506
Monad$1,427
Base$750
Avalanche$499
Arbitrum$316
BSC$280
Berachain$158
Plasma$65
BOB$0
Linea$0
Unichain$0
Market Cap$40.8m
$EUL Price$1.69
$45.93m
$45.94m
$EUL Volume 24h$77.74m
CEX Volume$80.75m
DEX Volume$1.79m(2.3% of total)
Active Loans$617.73m
$EUL Liquidity$208,945
Uniswap V3$197,478
Balancer V2$11,467
Treasury$9.23m
$184,854.7
Stablecoins$931,355.17
Own Tokens$8.11m
Others$2,668.25
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 APY12.67%
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 $362.01m in total value locked. TVL has increased 26.7% 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 58.5%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $2.11m in fees. Of that, $65,392 was protocol revenue. Based on the trailing year, the annualized rate is $62.8m in fees and $3.61m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.64. Its circulating market capitalization is $39.45m, ranking it #652. Its fully diluted valuation is $44.42m. Supply currently stands at 24.15m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is up 62.1% over the past 7 days and up 57.1% over the past 30 days. Its all-time high is $15.81, reached on Jul 11, 2025. The token is currently 89.6% 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 $40.374b across 464 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 $617.73m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $9.23m. Its holdings include $931,355.17 in stablecoins, $184,854.7 in major assets, $8.11m in its own tokens, $2,668.25 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.

