Logo of Euler V2Euler V2(EUL)
Total Value Locked$344.76m

TVL by Chain

Monad$243.9m

Ethereum$65.65m

Base$15.74m

BOB$4.99m

Avalanche$4.51m

Hyperliquid L1$2.64m

Plasma$2.09m

Unichain$1.92m

BSC$1.42m

Arbitrum$1.11m

Linea$358,663.5

Sonic$262,397.49

Berachain$141,379.03

TAC$9,518.84

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$55,914

Avalanche$20,105

Ethereum$18,287

Monad$14,687

Base$842

Plasma$790

BSC$674

Hyperliquid L1$252

Arbitrum$127

Unichain$68.71

Berachain$39.32

Linea$20.16

BOB$13.45

Sonic$4.26

TAC$3.67

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$940,454

Base$910,292

Swellchain$317,864.18

TAC$277,665.02

BOB$140,158.1

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$2,365

Ethereum$1,177

Avalanche$1,066

BSC$63.8

Plasma$39.7

Hyperliquid L1$12.69

Arbitrum$5.72

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$908,292

Plasma$454,297.96

Sonic$286,833.22

Linea$237,290.1

Unichain$196,426.92

Arbitrum$154,152.13

Berachain$121,313.96

BSC$115,935.19

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

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

Active Loans$367.77m

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.

WebsiteTwitter
Category:Lending

Audits:

Methodology

TVL: TVL is supply balance minus borrows the euler contract. Borrowed excludes vaults whose underlying or whose accepted collateral vaults' underlyings have no price in coins.llama.fi (treated as worthless/insolvent).View code on GitHubFees: Includes interest that is paid by the borrowers, protocol and curators fees.View code on GitHubRevenue: Fees collected by Euler protocol.View code on GitHubHolders Revenue: Revenue used for buy back EUL tokens.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in Euler v2 eVault Liquidate events.View code on GitHub

Yields

Pools Tracked151

Average Supply APY9.91%

User Activity

Active Addresses (24h)268

Transactions (24h)764

Competitors

Morpho Blue ($9.65b)Aave V3 ($17.58b)Impermax V2 ($588,823.96)PWN ($22,567.43)Compound V3 ($1.448b)TermMax ($30.49m)Gearbox ($22.88m)Folks Finance xChain ($5.21m)Sumer.money ($1.3m)Avalon Finance ($1.21m)

Frequently Asked Questions

What is Euler V2's TVL?

Euler V2 currently has $344.76m in total value locked. TVL has decreased 5.5% over the past 30 days.

What chains does Euler V2 operate on?

Euler V2 operates on 16 chains: Swellchain, Mantle, Berachain, TAC, and Unichain and 11 others. Monad holds the largest share at 70.7%.

How much has Euler V2 generated in fees and revenue?

Over the past 30 days, Euler V2 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.

How does Euler V2's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Euler V2 ranks #14 by TVL. The category holds $50.843b across 522 protocols, and Euler V2 accounts for 0.7% of that total. Other leading protocols include Morpho Blue, Aave V3, Impermax V2, PWN, Compound V3, TermMax, Gearbox, Folks Finance xChain, Sumer.money, and Avalon Finance.

How much has been borrowed through Euler V2?

Euler V2 currently has $367.77m in active loans.