Euler is a non-custodial lending protocol on Ethereum that allows users to lend and borrow a wide range of crypto assets while using any asset as collateral. The platform features customizable vaults and a modular architecture, enabling developers to create tailored lending protocols and optimize capital efficiency.
Funding
$32M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing decentralized finance (DeFi) lending protocols often have limitations on the types of assets that can be lent or borrowed, and may lack the flexibility for users to customize their risk profiles or create tailored lending markets. This can restrict capital efficiency and limit the potential for innovation in DeFi lending.
Solution
Euler is a non-custodial lending protocol on Ethereum designed to enable users to lend and borrow a wide range of crypto assets, using virtually any asset as collateral. The platform's modular architecture, featuring the Euler Vault Kit (EVK) and Ethereum Vault Connector (EVC), allows developers to create and deploy custom lending vaults and protocols. This enables the creation of tailored lending markets and the optimization of capital efficiency within the DeFi ecosystem.
Target Audience
The primary target audience includes DeFi users seeking greater flexibility and capital efficiency in lending and borrowing, as well as developers looking to build and deploy custom lending protocols and markets.
Features
- Permissionless listing of virtually any ERC20 asset for lending and borrowing.
- Customizable lending vaults through the Euler Vault Kit (EVK) for creating tailored lending protocols.
- Ethereum Vault Connector (EVC) enabling vaults to be used as collateral for other vaults.
- Batch transaction capabilities for swapping tokens and vaults, facilitating complex strategies like going long or short.
- Non-custodial design ensuring users retain control of their assets.
- Governance by Euler tokenholders and delegates.