EulerEUL
Not verified by G.MARKETS
Euler has not gone through G.MARKETS verification. We have not confirmed team identity, audited supply integrity, or reviewed material disclosures. Data on this page comes from public sources. Verify on official project channels before transacting.
If Euler had Bitcoin’s market cap?
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 In the world of decentralised finance (DeFi), trusted and permissioned third-parties are no longer needed; banks have been replaced by trustless and permissionless lending protocols running on the blockchain (1). Among the first-generation of DeFi lending protocols are Compound (2) and Aave (3).