Euler EUL

1. Summary

Ranks

Liquidity

89

Developer

-

Social

77

Momentum (beta)

81

Stack Rank™

-

Price

$4.52 -2.9%

Market Cap

$84.53M (#440)

Supply

18.69M / 27.18M

Tags

Lending/Borrowing Ethereum Ecosystem Coinbase Ventures Portfolio Paradigm Portfolio

More Metrics

Price
52W High price	$7.25
52W High date	8th Mar 2024 (4 months ago)
All Time High (ATH) Date	11th Sep 2022 (1 year ago)
ATH Price	$12.78
% From ATH	-56.71%
All Time Low (ATL) Date	15th Jun 2023 (1 year ago)
ATL Price	$1.44
% From ATL	285.22%

Supply & Trading Volume
Trading Volume (24h)	$311,680.00
Total Supply	27.18M
Max Supply	27.18M
Circulating Supply	18.69M

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Description

Euler is a permissionless lending protocol designed to facilitate lending and borrowing activities for a diverse range of digital assets. It operates on a modular architecture, enabling users to lend and borrow assets beyond those offered by traditional DeFi lending protocols like Compound and Aave. Euler's unique features include nested vaults, wh...

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Euler is a permissionless lending protocol designed to facilitate lending and borrowing activities for a diverse range of digital assets. It operates on a modular architecture, enabling users to lend and borrow assets beyond those offered by traditional DeFi lending protocols like Compound and Aave. Euler's unique features include nested vaults, which permit the tokenization of vault shares and their use as collateral, and RewardStreams, which allow for permissionless reward distribution without staking.

The protocol strives to address the limitations of existing lending protocols by offering a platform where users can lend and borrow assets with varying risk profiles. It incorporates advanced risk management techniques, including asset tiers, reactive interest rates, and Dutch-auction liquidations to ensure the integrity and sustainability of its loan system.

Euler's governance system empowers tokenholdings to participate in decision-making processes, including the management of resources and the distribution of rewards. The protocol also provides integrations with decentralized exchanges and other DeFi protocols, aiming to enhance capital efficiency and liquidity for users. Overall, Euler offers a more comprehensive and flexible lending environment that caters to the needs of a broader spectrum of users in the DeFi ecosystem.

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