Ask about Euler
Logo of EulerEuler(EUL)
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

All Time High$15.81

All Time Low$0.72

View $EUL token page

$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.