contributor@AaveLabsgovernance.aave.com
↑Deploy Aave V4 on Arc Network
Proposed for listing on the new Aave V4 deployment on Arc, an institutional-focused L1 built by Circle, to serve as a core stablecoin collateral and borrow asset.
Overview
EURC(EURC)
Token Price$1.14
24h Change-0.49%
All Time HighMar 14, 2023$1.35
All Time LowDec 9, 2022$0.053
Key Metrics
Market Cap$428.17m
Fully Diluted Valuation$428.17m
Circ. Supply376.6m EURC
Volume 24h$28.96m
CEX Volume$8.44m
DEX Volume$20.75m
Risks
How much debt can be issued against EURC as collateral across lending protocols.
Maximum possible exposure to EURC
$13.4m
$13.4m (max additional borrows against EURC)
Aave V3
$13.4m at-risk exposure = -- bad debt if hacked + $13.4m additional borrowable against EURC
Methodology and limitations
Showing collateral exposure for EURC on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for EURC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
EURC0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42 | $8.99m | — | ||
EURC0xc891eb4cbdeff6e073e859e987815ed1505c2acd | $4.41m | — |
Risk Timeline
Risk-management actions published about EURC by tracked risk managers and governance contributors, newest first.
contributor@AaveLabsgovernance.aave.com
↑Deploy Aave V4 on Avalanche
Proposed for inclusion in the new Aave V4 deployment on Avalanche, which is seen as a low-risk expansion due to the network's proven track record and existing Aave V3 user base.
contributor@AaveLabsgovernance.aave.com
↑Deploy Aave V4 on Arc
Proposed as an initial collateral asset for a new Aave V4 deployment on Arc, a Layer-1 blockchain built by Circle for institutional finance and stablecoin liquidity.
contributor@0x8541cCfc6E7EAcEbD233C6789a0FbF7C708B0E68snapshot.box/s:sparkfi.eth
↑Expand approved collateral and venues for Arkis infrastructure
Proposes adding fully reserved, compliant stablecoins for major non-USD currencies as approved collateral for Arkis infrastructure credit lines. This is driven by user demand and the assets' low historical volatility.
risk managerGauntletforum.euler.finance
↓Offboard Low Demand Tokens from Euler L2s
EURC supply on Base is $52K, under the $100K threshold, due to low utilization that exposes the protocol to unnecessary maintenance risks.
contributor@kpkforum.morpho.org
↑kpk EURC Yield Vault Whitelisting
The kpk EURC Yield vault is proposed for whitelisting as a curated strategy on Morpho, enabling users to deposit EURC for low-risk real yield through lending in ETH- and BTC-backed markets with conservative risk limits, automation, and continuous monitoring.
risk managerGauntletforum.euler.finance
↑Integrate EURC on Euler Prime
EURC is a euro-pegged stablecoin fully collateralized 1:1 by segregated euro-denominated reserves including bank deposits and treasury bills, with monthly attestations by audit firms ensuring transparency and stability. It shares the same strong risk profile as USDC, supporting its onboarding with comparable supply caps, interest rate curves, and LLTV parameters.
risk managerLlama Riskllamarisk.com
↑LlamaRisk April 2025 Monthly Community Update
EURC onboarding recommended across instances conditional on Chainlink price feed deployment; it's a bridged version without native Circle issuance, CCTP support, or MPC wallets, relying on EOAs for admin roles, but liquidity conditions are met.
risk managerGauntletforum.euler.finance
↑Euler Market Risk Parameter Recommendations (2025-04-30)
EURC stablecoin market on Base is underutilized, so lowering kink borrow APY to match Euler Prime's competitive rates aims to boost borrowing demand and align with ecosystem standards.
risk managerLlama Riskllamarisk.com
↑Add EURC to Aave V3 Sonic Instance
EURC on Sonic is a bridged version of Circle's MiCA-compliant euro stablecoin, backed 1:1 by escrowed EURC on Ethereum in regulated EEA institutions with monthly Deloitte attestations. Despite a 80% supply drop from peak and dependency on the audited Sonic Gateway bridge, it follows Circle's contract standard and has sufficient DEX liquidity for onboarding as collateral once a Chainlink EURC/USD feed is deployed.
Markets
Token Usage
An is required to view token usage.
Yields
Showing 10 of 68 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabEURC-USDCCL50 - 0.007% | $2.1m | 30.82% | 19.37% | 26.60% | |||||
| open in new tabEURC-USDCCL1 - 0.007% | $694,063 | 285% | 135% | ||||||
| open in new tabWETH-EURCCL100 - 0.05% | $609,965 | 49.02% | 70.70% | ||||||
| open in new tabEURC-CBBTCCL100 - 0.05% | $205,593 | 77.97% | 46.90% | 67.20% | |||||
| open in new tabEURC-CBBTCAerodrome | $113,723 | 80.17% | 48.75% | ||||||
| open in new tabWETH-EURCAerodrome | $67,153 | 39.81% | 31.11% | ||||||
| open in new tabWETH-EURCNarrow | $49,412 | 24.36% | 8.11% | 29.73% | |||||
| open in new tabSOL-EURC | $46,579 | 68.51% | 68.51% | 53.89% | |||||
| open in new tabEURC-USDCCL - 1 | 🪂 | $16,993 | 27674% | 0% | 27674% | 28261% | |||
| open in new tabEURC-USDC | $10,355 | 280% | 280% | 18.58% |
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Borrow
Showing 10 of 332 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabEURC âžž CBBTC | $10.41m | 16.62% | 15.78% | 1.07% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC âžž MORPHO | $9.06m | 21.79% | 15.78% | 7.75% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC âžž DAI | $7.98m | 15.78% | 15.78% | 0% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC âžž LBTC | $3.14m | 16.58% | 15.78% | 1.02% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC âžž VVV | $708,241 | 26.28% | 15.78% | 13.54% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC ➞ VVV | 🪂 | $708,241 | 19.16% | 6.29% | 13.54% | 95% | $3.35m | $2.56m | |
| open in new tabEURC âžž XLM | $512,088 | 16.60% | 15.78% | 1.05% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC âžž TBTC | $42,881 | 16.39% | 15.78% | 0.79% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC âžž USDC | $0 | 15.78% | 15.78% | 0% | 77.5% | $37,232 | $30,805 | ||
| open in new tabEURC âžž USDC | $0 | 15.78% | 15.78% | 0% | 77.5% | $37,232 | $30,805 |
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