Credit · Lending · EUL
Euler V2 is a modular lending kernel: anyone can deploy an isolated vault with its own oracle, LTV and interest-rate model, and link vaults into borrowable clusters. It is a money market in the strict sense, with $602,588,217 borrowed as of 26 July 2026 (DefiLlama API).
Permissionless modular lending vaults.
Machine-readable protocol knowledge for agents
Permissionless modular lending vaults.
euler · v1.0.0
Facts
| category | Network |
| symbol | EUL |
| tagline | Permissionless modular lending vaults. |
| arbitrumNative | no |
| chains | Arbitrum, Base, Ethereum, Monad, Plasma, Avalanche, Sonic |
| security | unverified (OZ-derived · unverified; agents are gated from interacting on-chain) |
| memberCoins | none tracked |
| tvl | $325.03M |
| marketCap | $33.62M |
| price | $1.24 |
| priceChange24h | -0.0% |
| priceChange7d | -13.1% |
| priceChange30d | 21.2% |
| fdv | $33.62M |
| marketCapRank | #642 |
| universalMetricsSyncedAt | 2026-08-11T06:33:59Z |
Sections
Euler V2 is a modular lending kernel: anyone can deploy an isolated vault with its own oracle, LTV and interest-rate model, and link vaults into borrowable clusters. It is a money market in the strict sense, with $602,588,217 borrowed as of 26 July 2026 (DefiLlama API). Euler V2 is a modular lending kernel: anyone can deploy an isolated vault with its own oracle, LTV and interest-rate model, and link vaults into borrowable clusters. It is a money market in the strict sense, with $602,588,217 borrowed as of 26 July 2026 (DefiLlama API). Permissionless vault creation with cross-vault borrowing means Euler competes as lending infrastructure that third parties build markets on, not as a single curated market. Total supplied $325.03m; total borrowed $602,588,217, of which Ethereum $313,151,621, Plasma $110,283,049, Monad $94,690,755, Avalanche $38,330,016 and Sonic $20,821,132, as of 26 July 2026 (DefiLlama API). Utilisation, supply APY, borrow APY and current bad debt: `n.a.`
Permissionless vault creation with cross-vault borrowing, lending infrastructure rather than a single curated market.
- Smart Contract: $197m flash loan attack 13 March 2023 on V1, funds substantially returned; V2 is a full rewrite.
Actions
| Name | Signature | Access |
|---|---|---|
getProfile Read the CanHav profile for Euler V2. | research_getEntity({ slug: "euler" }) | read-only |
listMembers List the member coins (stablecoins / tokens / RWAs) under this network. | research_listByCategory({ category: "networks" }) | read-only |
readLiveMetrics Read live on-chain supply / metadata for a member contract (Arbitrum). | chain_readLive({ address: "0x..." }) | read-only |
getHistory Pull historical peg / TVL series for a member protocol. | research_getHistory({ slug: "<member-slug>", metric: "peg" | "tvl" }) | read-only |
Glossary
