Total Value Locked$344.32m
TVL by Chain
Monad$243.8m
Ethereum$65.43m
Base$15.69m
BOB$4.92m
Avalanche$4.51m
Hyperliquid L1$2.66m
Plasma$2.09m
Unichain$1.92m
BSC$1.42m
Arbitrum$1.11m
Linea$357,229
Sonic$263,010
Berachain$141,864
TAC$9,596
Swellchain$0
Mantle$0
Key Metrics
Fees 30d$1.3m
Fees 30d by chain
Ethereum$593,005
Avalanche$370,095
Monad$286,265
Plasma$15,798
Base$15,628
BSC$11,083
Unichain$2,569.78
Arbitrum$2,173.19
Berachain$747.6
Hyperliquid L1$327.53
Linea$325.33
BOB$232.25
Sonic$73.89
TAC$61.1
Fees 7d$451,011
Ethereum$182,963
Avalanche$139,722
Monad$110,013
Plasma$5,658
Base$5,570
BSC$4,681
Arbitrum$1,039
Unichain$478.75
Hyperliquid L1$327.53
Berachain$276.92
Linea$138.49
BOB$95.82
Sonic$32.02
TAC$15.04
Fees 24h$56,784
Avalanche$20,072
Ethereum$19,361
Monad$14,526
Base$843
Plasma$792
BSC$668
Hyperliquid L1$246
Arbitrum$127
Unichain$67.93
Berachain$39.47
Linea$19.73
BOB$13.51
Sonic$4.27
TAC$3.79
Cumulative Fees$87.97m
Ethereum$51.84m
Avalanche$12.82m
Plasma$6.97m
Sonic$3.81m
Linea$2.38m
Berachain$2.2m
Unichain$1.99m
Arbitrum$1.86m
BSC$1.51m
Monad$940,459
Base$910,296
Swellchain$317,864.18
TAC$277,664.97
BOB$140,158.11
Hyperliquid L1$579.53
Revenue 30d$44,911
Revenue 30d by chain
Ethereum$21,382
Avalanche$19,556
Monad$2,069
BSC$1,038.49
Plasma$753.84
Arbitrum$93.73
Hyperliquid L1$16.47
Base$0.12
Berachain$0
BOB$0
Linea$0
Sonic$0
TAC$0
Unichain$0
Revenue 7d$16,346
Ethereum$8,157
Avalanche$7,401
BSC$447.73
Plasma$277.59
Arbitrum$45.82
Hyperliquid L1$16.47
Base$0.07
Berachain$0
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Revenue 24h$2,360
Ethereum$1,176
Avalanche$1,062
BSC$63.73
Plasma$39.81
Hyperliquid L1$12.35
Arbitrum$5.75
Base$0.01
Berachain$0
BOB$0
Linea$0
Monad$0
Sonic$0
TAC$0
Unichain$0
Cumulative Revenue$4.71m
Ethereum$2.12m
Avalanche$908,289
Plasma$454,297.96
Sonic$286,833.22
Linea$237,290.1
Unichain$196,426.92
Arbitrum$154,152.14
Berachain$121,313.96
BSC$115,935.14
Base$32,427.22
Swellchain$29,149.79
Monad$26,864.17
TAC$14,757.5
BOB$6,916.95
Hyperliquid L1$29.16
Holders Revenue 30d$1.2
Holders Revenue 30d by chain
Berachain$1.2
Arbitrum$0
Avalanche$0
Base$0
BOB$0
BSC$0
Ethereum$0
Hyperliquid L1$0
Linea$0
Monad$0
Plasma$0
Sonic$0
TAC$0
Unichain$0
Holders Revenue 7d$0.01
Berachain$0.01
Arbitrum$0
Avalanche$0
Base$0
BOB$0
BSC$0
Ethereum$0
Hyperliquid L1$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
Hyperliquid L1$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$96,976.2
BSC$90,035
Base$28,964
Swellchain$25,034
TAC$12,856
Monad$7,045
BOB$6,210
Hyperliquid L1$0
Incentives 1y$2.36m
$7,735.28
$2,315.44
$17.57
$5.34m
Earnings (Annualized)$917,217.66
$37,175.72
$14,030.56
$2,342.43
-$629,207.69
Cumulative Collateral Liquidated$239,935.56
Cumulative Collateral Liquidated by chain
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$29.4m
$EUL Price$1.22
$33.26m
$33.16m
$EUL Volume 24h$1.01m
CEX Volume$1.28m
DEX Volume$177,572.18(17.65% of total)
Active Loans$367.67m
Treasury$6.82m
$244,094.47
Stablecoins$929,898.57
Own Tokens$5.65m
Others$2,957.67
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 APY9.92%
User Activity
Active Addresses (24h)268
Transactions (24h)764
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 $344.32m in total value locked. TVL has decreased 5.6% 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 70.8%.
How much has Euler generated in fees and revenue?
Over the past 30 days, Euler generated $1.3m in fees. Of that, $44,911 was protocol revenue. Based on the trailing year, the annualized rate is $54.52m in fees and $3.28m in revenue.
What is the EUL token price and valuation?
EUL is currently trading at $1.22. Its circulating market capitalization is $29.4m, ranking it #855. Its fully diluted valuation is $33.26m. Supply currently stands at 24.03m circulating, 27.18m total supply, 27.18m maximum supply.
How has EUL performed recently?
EUL is down 5.7% over the past 7 days and up 0.1% over the past 30 days. Its all-time high is $15.81, reached on Jul 10, 2025. The token is currently 92.3% below that level.
How does Euler's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Euler ranks #14 by TVL. The category holds $50.856b across 521 protocols, and Euler accounts for 0.7% of that total. Other leading protocols include Morpho Blue, Aave V3, Impermax V2, PWN, Compound V3, Gearbox, Tarot, Ajna V2, Venus Core Pool, and TermMax.
How much has been borrowed through Euler?
Euler currently has $367.67m in active loans.
Does Euler have a treasury?
Euler has a tracked treasury currently valued at $6.82m. Its holdings include $929,898.57 in stablecoins, $244,094.47 in major assets, $5.65m in its own tokens, $2,957.67 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.

