Ask about Euler
Logo of EulerEuler(EUL)
Total Value Locked$332.74m

TVL by Chain

Monad$185.69m

Ethereum$102.13m

Base$18.53m

Plasma$9.74m

BOB$4.98m

Avalanche$4.94m

Hyperliquid L1$2.29m

Unichain$1.92m

Arbitrum$1.32m

BSC$432,644

Linea$336,459

Sonic$235,069

Berachain$188,463

TAC$10,644

Swellchain$0

Mantle$0

Key Metrics

Fees (Annualized)$62.99m
Fees 30d$2.1m

Ethereum$1.25m

Avalanche$534,135

Monad$194,891

Plasma$53,395

Base$42,670

BSC$12,060

Arbitrum$3,950

Unichain$3,758

Berachain$1,485.98

Linea$1,414.87

BOB$295.02

TAC$116.69

Sonic$90.54

Fees 7d$538,472

Ethereum$314,394

Avalanche$127,507

Monad$72,508

Plasma$12,330

Base$6,210

BSC$3,018

Arbitrum$983

Unichain$857

Berachain$272.98

Linea$270.87

BOB$71.02

TAC$26.69

Sonic$21.54

Fees 24h$80,073

Ethereum$46,751

Avalanche$18,251

Monad$11,601

Plasma$1,784

Base$886

BSC$432

Arbitrum$157

Unichain$116

Berachain$39.01

Linea$38.68

BOB$10.4

TAC$3.58

Sonic$3.15

Cumulative Fees$85.45m

Ethereum$50.59m

Avalanche$12.16m

Plasma$6.94m

Sonic$3.81m

Linea$2.38m

Berachain$2.2m

Unichain$1.98m

Arbitrum$1.86m

BSC$1.49m

Base$881,355

Monad$430,757

Swellchain$317,868

TAC$277,544.69

BOB$139,755.02

Revenue (Annualized)$3.61m
Revenue 30d$65,207

Ethereum$30,272

Avalanche$27,961

Monad$4,480

Plasma$1,199.47

BSC$1,084.07

Arbitrum$209.99

Berachain$17.03

Base$0

BOB$0

Linea$0

Sonic$0

TAC$0

Unichain$0

Revenue 7d$15,665

Ethereum$7,253

Avalanche$6,698

Monad$1,110

Plasma$279.47

BSC$274.07

Arbitrum$53.99

Berachain$0.03

Base$0

BOB$0

Linea$0

Sonic$0

TAC$0

Unichain$0

Revenue 24h$2,272

Ethereum$1,049

Avalanche$958

Monad$177

Plasma$39.92

BSC$39.59

Arbitrum$8.92

Berachain$0.01

Base$0

BOB$0

Linea$0

Sonic$0

TAC$0

Unichain$0

Cumulative Revenue$4.62m

Ethereum$2.08m

Avalanche$873,013

Plasma$452,921.47

Sonic$286,833

Linea$237,290

Unichain$196,425

Arbitrum$154,000.99

Berachain$121,330.03

BSC$114,202.07

Base$32,428

Swellchain$29,149

Monad$22,122

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$3.9m

$42,655.7

$3,275.36

$1,242.11

$5.3m

Earnings (Annualized)-$286,028.58

$22,551.3

$12,389.64

$1,029.89

-$675,492.71

Collateral Liquidated 30d$237,116
Collateral Liquidated 30d by chain

Ethereum$232,406

Sonic$1,506

Monad$1,427

Base$740

Avalanche$499

Arbitrum$316

Berachain$158

Plasma$65

BOB$0

BSC$0

Linea$0

Unichain$0

Collateral Liquidated 7d$41,511

Ethereum$39,523

Sonic$1,506

Arbitrum$309

Berachain$151

Monad$17

Base$5

Avalanche$0

BOB$0

BSC$0

Linea$0

Plasma$0

Unichain$0

Collateral Liquidated 24h$51

Arbitrum$51

Avalanche$0

Base$0

Berachain$0

BOB$0

BSC$0

Ethereum$0

Linea$0

Monad$0

Plasma$0

Sonic$0

Unichain$0

Cumulative Collateral Liquidated$237,116

Ethereum$232,406

Sonic$1,506

Monad$1,427

Base$740

Avalanche$499

Arbitrum$316

Berachain$158

Plasma$65

BOB$0

BSC$0

Linea$0

Unichain$0

Market Cap$36.7m

$EUL Price$1.53

All Time High$15.81

All Time Low$0.72

View $EUL token page

$41.32m

$41.59m

$EUL Volume 24h$62.18m

CEX Volume$59.5m

DEX Volume$1.38m(2.22% of total)

Active Loans$606.94m

$EUL Liquidity$208,945

Uniswap V3$197,478

Balancer V2$11,467

Treasury$8.78m

$184,203

Stablecoins$932,128.08

Own Tokens$7.66m

Others$3,130.3

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 APY13.08%

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 $332.74m in total value locked. TVL has increased 17.5% 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 55.8%.

How much has Euler generated in fees and revenue?

Over the past 30 days, Euler generated $2.1m in fees. Of that, $65,207 was protocol revenue. Based on the trailing year, the annualized rate is $62.99m in fees and $3.61m in revenue.

What is the EUL token price and valuation?

EUL is currently trading at $1.52. Its circulating market capitalization is $36.74m, ranking it #690. Its fully diluted valuation is $41.36m. Supply currently stands at 24.15m circulating, 27.18m total supply, 27.18m maximum supply.

How has EUL performed recently?

EUL is up 51.2% over the past 7 days and up 54.1% over the past 30 days. Its all-time high is $15.81, reached on Jul 11, 2025. The token is currently 90.4% 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 $39.98b 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 $606.94m in active loans.

Does Euler have a treasury?

Euler has a tracked treasury currently valued at $8.78m. Its holdings include $932,128.08 in stablecoins, $184,203 in major assets, $7.66m in its own tokens, $3,130.3 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.