Total Value Locked$368.3m
TVL by Chain
Monad$241.98m
Ethereum$87.5m
Base$19.39m
BOB$4.99m
Avalanche$4.52m
Hyperliquid L1$2.71m
Plasma$2.11m
Unichain$1.83m
BSC$1.47m
Arbitrum$1.04m
Linea$368,230
Sonic$252,241
Berachain$140,125
TAC$9,208
Swellchain$0
Mantle$0
Key Metrics
Fees 30d$1.48m
Fees 30d by chain
Ethereum$759,819
Avalanche$378,662
Monad$287,509
Base$17,189
Plasma$17,033
BSC$10,018
Unichain$3,177
Arbitrum$1,887.84
Berachain$783.84
Linea$763.95
BOB$217.45
TAC$76.7
Sonic$66.7
Cumulative Fees$87.39m
Ethereum$51.61m
Avalanche$12.64m
Plasma$6.96m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.99m
Arbitrum$1.86m
BSC$1.5m
Base$903,085
Monad$799,454
Swellchain$317,864.18
TAC$277,642.43
BOB$140,035.18
Revenue 30d$47,132
Revenue 30d by chain
Ethereum$21,722
Avalanche$19,947
Monad$3,676
BSC$920.8
Plasma$792.94
Arbitrum$71.18
Base$0.04
Berachain$0.04
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.69m
Ethereum$2.11m
Avalanche$898,771
Plasma$453,941.19
Sonic$286,833.22
Linea$237,290.1
Unichain$196,426.92
Arbitrum$154,095.53
Berachain$121,313.96
BSC$115,362.94
Base$32,427.13
Swellchain$29,149.79
Monad$26,864.17
TAC$14,757.5
BOB$6,916.95
Holders Revenue 30d$1.19
Holders Revenue 30d by chain
Berachain$1.19
Arbitrum$0
Avalanche$0
Base$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$96,976.19
BSC$90,035
Base$28,964
Swellchain$25,034
TAC$12,856
Monad$7,045
BOB$6,210
Incentives 1y$2.74m
$21,746.48
$308.58
$42.4
$5.33m
Earnings (Annualized)$624,497.74
$25,385.52
-$646,453.6
Collateral Liquidated 30d$275
Collateral Liquidated 30d by chain
Unichain$274
Base$1.11
Arbitrum$0
Avalanche$0
Berachain$0
BOB$0
BSC$0
Ethereum$0
Linea$0
Monad$0
Plasma$0
Sonic$0
Cumulative Collateral Liquidated$239,935.56
Ethereum$232,419.26
Base$1,627.71
Sonic$1,506
Monad$1,427
BSC$1,400
Avalanche$499
Unichain$421
Arbitrum$316.2
Berachain$254.9
Plasma$65
BOB$0
Linea$0
Market Cap$32.25m
$EUL Price$1.34
$36.5m
$36.42m
$EUL Volume 24h$2.45m
CEX Volume$2.82m
DEX Volume$196,083.47(7.99% of total)
Active Loans$557.28m
$EUL Liquidity$208,945
Uniswap V3$197,478
Balancer V2$11,467
Treasury$7.35m
$230,701.13
Stablecoins$929,909.95
Own Tokens$6.19m
Others$2,243.74
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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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 Tracked151
Average Supply APY9.89%
User Activity
Active Addresses (24h)241
Transactions (24h)661
Hacks
Date: Mar 13, 2023
Protocol: Euler V1
Amount: $197m
Classification: Token & Share Accounting
Technique: Donation Attack
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $240m
Competitors
Frequently Asked Questions
What is Euler's TVL?
Euler currently has $368.3m in total value locked. TVL has increased 13% over the past 30 days.
What chains does Euler operate on?
Euler operates on 17 chains: Ethereum, Monad, Base, BOB, and Avalanche and 12 others. Monad holds the largest share at 65.7%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $1.48m in fees. Of that, $47,132 was protocol revenue. Based on the trailing year, the annualized rate is $56.66m in fees and $3.37m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.35. Its circulating market capitalization is $32.31m, ranking it #783. Its fully diluted valuation is $36.57m. Supply currently stands at 24.01m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is down 5.3% over the past 7 days and down 10% over the past 30 days. Its all-time high is $15.81, reached on Jul 10, 2025. The token is currently 91.5% 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 $48.463b across 514 protocols, and Euler accounts for 0.8% of that total. Other leading protocols include Aave V3, Morpho Blue, Impermax V2, PWN, Compound V3, Gearbox, Tarot, Ajna V2, Venus Core Pool, and TermMax.
How much has been borrowed through Euler?
Euler currently has $557.28m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $7.35m. Its holdings include $929,909.95 in stablecoins, $230,701.13 in major assets, $6.19m in its own tokens, $2,243.74 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 Token & Share Accounting.
