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
$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.

