DeFi

Euler is a non-custodial permissionless lending protocol on Ethereum that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party.Euler comprises a set of smart contracts deployed on the Ethereum blockchain that can be openly accessed by anyone with an internet connection. Euler is managed by holders of a protocol native governance token called Euler Governance Token (EUL). Euler is entirely non-custodial; users are responsible for managing their own funds.Lending and BorrowingWhen lenders deposit into a liquidity pool on Euler, they receive interest-bearing ERC20 eTokens in return, which can be redeemed for their share of the underlying assets in the pool at any time, as long as there are unborrowed tokens in the pool (similar to Compound's cTokens). Borrowers take liquidity out of a pool and return it with interest. Thus, the total assets in the pool grows through time. In this way, lenders earn interest on the assets they supply, because their eTokens can be redeemed for an increasing amount of the underlying asset over time.Tokenised DebtsSimilarly to Aave's debt tokens, Euler also tokenises debts on the protocol with ERC20-compliant interfaces known as dTokens. The dToken interface allows the construction of positions without needing to interact with underlying assets, and can be used to create derivative products that include debt obligations.Rather than providing non-standard methods to transfer debts, Euler uses the regular transfer/approve ERC20 methods. However, the permissioning logic is reversed: rather than being able to send tokens to anyone, but requiring approval to take them, dTokens can be taken by anyone, but require approval to accept them. This also prevents users from "burning" their dTokens. For example, the zero address has no way of approving an in-bound transfer of dTokens.Protected CollateralOn Compound and Aave, collateral deposited to the protocol is always made available for lending. Optionally, Euler allows collateral to be deposited, but not made available for lending. Such collateral is 'protected'. It earns a user no interest, but is free from the risks of borrowers defaulting, can always be withdrawn instantly, and helps protect against borrowers using tokens to influence governance decisions or take short positions.Defer LiquidityNormally, an account's liquidity is checked immediately after performing an operation that could fail due to insufficient collateral. For example, taking out a borrow, withdrawing collateral, or exiting a market could cause a transaction to be reverted due to a collateral violation.However, Euler has a feature that allows users to defer their liquidity checks. Many operations can be performed, and the liquidity is checked only once at the very end. For example, without deferring liquidity checks, a user must first deposit collateral before issuing a borrow. However, if done in the same transaction, deferring the liquidity check will allow the user to do this in any order.Feeless Flash LoansUnlike Aave, Euler doesn't have a native concept of flash loans. Instead, users can defer their liquidity check, make an uncollateralised borrow, perform whatever operation they like, and then repay the borrow. This can be used to rebalance positions, build-up leveraged positions, take advantage of external arbitrage opportunities, and more.

Euler Labs

Euler is a non-custodial protocol that allows users to lend and borrow crypto assets. 

Twyne

CryptoRank Premium

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

You are about to leave CryptoRank

External link warning

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Score provided by Moni Discover - reflects this account’s popularity within the crypto community.

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Share Chart Screen

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Explore the latest insights into %name%: recent investment activity, sectors and narratives the fund is investing in, funding stages, investment jurisdictions, fund's social engagement, and its latest subscriptions to crypto projects

%name% - Investment Fund Review

Euler Labs Crypto Fund

Social Activity

Description

Fund's Current Activity

Avg. Rounds Size:

Funding Locations:

Focus Area

Recent Funding Rounds

Trending Funds

Euler Labs News