Market cap
$33.17M
-0.53 %
Volume (24h)
$1.31M
-0.53 %
Circulating supply
19,866,589 EUL
Total supply
27,182,818 EUL
Max. supply
27,182,818 EUL
Euler (EUL)
$ 1.39
-0.53 %
Main info
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Key data
updated $0Market cap$33.17M
Volume 24h$1.31M
Circulating supply19.87M73% of max 27.18M
All-time high$15.81-91% from peak · 2025-07-10
Euler (EUL) is a governance token for Euler Finance, a decentralized lending protocol on Ethereum. It allows holders to vote on platform upgrades and parameter changes. The token has a hard cap of 27,182,818 coins.
Frequently asked questions
What is Euler and how is it different?
Euler is a non-custodial lending protocol that uses a unique 'permissionless listing' model, letting anyone add assets without governance votes. Unlike competitors, it dynamically adjusts interest rates based on utilization.
How does Euler's technology work?
It uses Ethereum smart contracts with an innovative 'reactive interest rate' algorithm. The protocol automatically adjusts rates based on real-time supply/demand, eliminating manual governance for pricing.
How is EUL token emission structured?
All 27.18 million EUL were minted at launch with no further inflation. Tokens are distributed through liquidity mining, governance participation, and ecosystem development funds.
How to store and use EUL tokens?
As an ERC-20 token, EUL can be stored in any Ethereum wallet. It's primarily used for voting on Euler DAO proposals or staking to earn protocol fees.