Euler V2 (EUL)
Total Value Locked$1.234b
TVL by Chain
borrowed$742.4m
Ethereum$392.13m
Plasma$46.8m
Avalanche$18.55m
Monad$12.45m
Arbitrum$5.25m
BOB$4.99m
Base$2.9m
Hyperliquid L1$2.25m
Unichain$2.19m
Berachain$1.25m
Linea$1.11m
BSC$911,616
TAC$399,822
Swellchain$313,334
Sonic$278,290
Mantle$0
Key Metrics
Fees (Annualized)$36.61m
Fees 30d$3m
Fees 7d$619,276
Fees 24h$87,300
Cumulative Fees$73.94m
Revenue (Annualized)$2.09m
Revenue 30d$171,082
Revenue 7d$35,193
Revenue 24h$4,931
Cumulative Revenue$4.1m
Holders Revenue (Annualized)$1.63m
Holders Revenue 30d$133,290
Holders Revenue 7d$27,739
Holders Revenue 24h$91
Cumulative Holders Revenue$3.06m
Borrowed$742.4m
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.
Category:Lending
Audits:
Methodology
TVL: TVL is supply balance minus borrows the euler contract.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 GitHubIncome Statement for Euler V2
| Q1 2026* | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
|---|---|---|---|---|---|---|---|
| Fees | $6.92m | $25.14m | $25.6m | $11.92m | $3.86m | $494,501 | $2,103 |
| Revenue | $403,824 | $1.66m | $1.29m | $551,003 | $168,856 | $33,585 | $177 |
| Earnings | $403,824 | $1.66m | $1.29m | $551,003 | $168,856 | $33,585 | $177 |
| Token Holder Net Income | $247,120 | $1.24m | $977,360 | $438,146 | $131,067 | $22,181 | $0 |