Euler

EUL Price

What is Euler about?

The ability to lend and borrow assets efficiently is a crucial feature of any financial system. In the world of traditional finance, this process is typically facilitated by trusted and permissioned third-parties such as banks, who connect people with a surplus of money to those who need access to it in the short term. In the world of decentralised finance (DeFi), trusted and permissioned third-parties are no longer needed; banks have been replaced by trustless and permissionless lending protocols running on the blockchain.

What makes Euler unique?

Among the first-generation of DeFi lending protocols are Compound and Aave. These protocols provide users with access to lending and borrowing capabilities for a handful of the most liquid ERC20 tokens. However, these protocols were not designed to handle the risks associated with lending and borrowing illiquid or volatile assets and have therefore relied on a permissioned listing system to protect their users from the risks associated with such assets.

What's the history of Euler?

Consequently, there remains significant unmet demand for lending and borrowing the long tail of crypto assets. On the lending side, users want to deposit tokens to earn yield and take leveraged long positions. On the borrowing side, users want to reduce their exposure to volatility and take leveraged short positions.

What's next for Euler?

Here, we present Euler: a permissionless lending protocol custom-built with an array of new features to help users lend and borrow more types of tokens than ever before.

What can Euler be used for?

Euler is a permissionless lending protocol that allows users to lend and borrow more types of tokens than ever before, including illiquid or volatile assets.

Where can you buy Euler?

EUL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Euler is Binance, where the most active trading pair EUL/USDT has a trading volume of $601,634.25 in the last 24 hours. Other popular options include Toobit and Kraken.

What is the daily trading volume of Euler (EUL)?

The trading volume of Euler (EUL) is $2,530,445.68 in the last 24 hours, representing a 1.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Euler (EUL)?

Euler (EUL) reached an all-time high of $15.81 and an all-time low of $0.7197. It’s now trading -90.70% below that peak and 104.90% above its lowest price.

What is the market cap of Euler (EUL)?

Market capitalization of Euler (EUL) is $35,422,770 and is ranked #638 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of EUL tokens (24 Million tokens are tradable on the market today).

What is the fully diluted valuation of Euler (EUL)?

The fully diluted valuation (FDV) of Euler (EUL) is $40,074,986. This is a statistical representation of the maximum market cap, assuming the maximum number of 27 Million EUL tokens are in circulation today. Depending on how the emission schedule of EUL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Euler compare against its peers?

With a price increase of 7.30% in the last 7 days, Euler (EUL) is outperforming the global cryptocurrency market which is up 3.90%, while outperforming when compared to similar Lending/Borrowing Protocols cryptocurrencies which are up 6.40%.

How to add Euler (EUL) to MetaMask?

Adding Euler (EUL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import EUL as a token. You can copy EUL’s contract address (0xd9fcd98c322942075a5c3860693e9f4f03aae07b) and import it manually, or if you've installed MetaMask's chrome extension, add EUL to MetaMask with one click on CoinGecko.

Add EUL to MetaMask.