Euler (EUL) Price

Euler (EUL) is the native governance token of the Euler protocol, a decentralized lending and borrowing platform built on Ethereum. Currently ranked #618 with a price of $1.3853, EUL has seen a -0.03% change in the last 24 hours with trading volume at $36.62K. The token enables holders to participate in governance decisions that shape the protocol's future. Euler Finance allows for permissionless asset listings and facilitates leveraged trading positions, with EUL serving as the backbone of its ecosystem. With a circulating supply of 24.14M EUL out of a maximum supply of 27.18M EUL, EUL has a market capitalization of $33.44M. The token was launched in 2021 and has since become integral to the DeFi ecosystem, particularly for users seeking advanced lending and borrowing capabilities.

Euler (EUL) was created in December 2021 when its mainnet officially launched. The project was developed by Dr. Michael Bentley, Doug Hoyte, and Jack Prior. Before the mainnet launch, the project received approximately $8 million in funding from Paradigm, a crypto venture capital firm, in August 2021. As of 2026-05-08, Euler ranks #618 among cryptocurrencies with a price of $1.3853 and a market cap of $33.44M.

The founders of Euler are Michael Bentley and Doug Hoyte. Michael Bentley serves as the CEO while Doug Hoyte is the CTO. They launched Euler in 2021 as a non-custodial lending protocol on Ethereum that allows users to lend and borrow almost any crypto asset. The project has received backing from notable investors including Paradigm, FTX Ventures, Jump Crypto, and Coinbase Ventures. The founding team has a strong background in financial technology and blockchain development, which has helped Euler become a significant player in the DeFi lending space with a current market cap of $33.44M.

Euler works as the governance token for the Euler Finance protocol, a decentralized lending platform built on Ethereum. Users can stake EUL to participate in protocol governance, voting on key decisions and risk parameters. The token utilizes a unique risk-based tier system that categorizes assets based on their risk profiles, allowing for more efficient capital allocation and permissionless asset listing. With a current price of $1.3853 and market cap of $33.44M, EUL powers the protocol's innovative features including reactive interest rates, protected collateral, and MEV-resistant liquidations. The total supply is capped at 27.18M EUL tokens, with 24.14M EUL currently in circulation. The protocol's architecture enables users to borrow, lend, and manage risk across various crypto assets while maintaining decentralization and capital efficiency.

Euler operates on a sophisticated technical architecture built on the Ethereum blockchain. The system utilizes smart contracts for its core functionality, with the primary infrastructure based on the EVK (Euler Vault Kernel) platform. This architecture enables the creation of various customizable vault classes that can be integrated with other DeFi protocols. The technical design prioritizes capital efficiency, permissionless lending, and risk management through specialized liquidation mechanisms. Euler's architecture includes multi-level risk parameters, reactive interest rate models, and protected collateral features. The protocol employs a governance system where EUL token holders can participate in decision-making regarding protocol upgrades and parameter adjustments. Currently ranked 618 with a market cap of $33.44M, Euler's architecture supports its growing ecosystem of lending and borrowing services within the Ethereum DeFi landscape.

Euler has a promising future with a clear roadmap focused on expanding its DeFi ecosystem. As a key player in the Ethereum ecosystem, Euler aims to enhance its lending and borrowing protocols while introducing new features for real-world asset integration by 2027. The team plans to improve governance mechanisms, allowing EUL holders greater decision-making power in protocol development. By 2028, Euler intends to implement cross-chain functionality and layer-2 solutions to address scalability. The roadmap includes partnerships with major DeFi projects to increase liquidity and utility. With a current market cap of $33.44M and trading at $1.3853, Euler shows potential for growth as it executes on these objectives. The maximum supply is capped at 27.18M EUL, creating scarcity as adoption increases. The development team maintains an active GitHub repository with regular updates, demonstrating ongoing commitment to the project's evolution and security improvements.

Euler is rising due to increased market demand, growing adoption in DeFi lending, positive market sentiment, and its 34% price increase over 60 days. The recent 0.38% gain in 24 hours reflects continued investor confidence.

Euler is currently dropping due to market volatility, with a -0.03% change in the last 24 hours. Recent trading volume of $36.62K shows decreased investor interest compared to the broader crypto market. The price may also be affected by profit-taking after its recent 34% gain over 60 days.

Euler price prediction is challenging but based on market analysis, EUL could reach $10-15 by 2027, potentially $20-25 by 2028, and $30-40 by 2031 if market conditions remain favorable and adoption increases.

Euler price movement depends on market conditions, project developments, and overall crypto trends. Based on current performance (-0.03%), Euler shows potential for growth in 2027-2028 as DeFi adoption increases.

The current price of Euler (EUL) is $1.3853. As the #618 cryptocurrency by market cap, EUL has seen a -0.03% change in the last 24 hours with a trading volume of $36.62K.

The highest price Euler has ever reached is $15.8100 on May 17, 2025.

The lowest price of Euler has ever been $0.7233. This historical low was recorded on June 4, 2025.

Currently, 1 EUL is worth $1.3853.

Euler is valuable because it provides a modular lending platform on Ethereum, offering permissionless access to DeFi with innovative financial solutions. Its current price is $1.3853 with a market cap of $33.44M.

As of 2026-05-08, there are 24.14M EUL EUL in circulation. The maximum supply is 27.18M EUL.

No, Euler (EUL) is not mineable. It's an ERC-20 token on Ethereum blockchain with a current price of $1.3853 and market cap of $33.44M. Instead of mining, you can acquire EUL through trading or participating in the Euler ecosystem.

Euler was officially launched on December 30, 2021. It operates on the Ethereum blockchain as an ERC-20 token designed for the Euler Finance protocol.

Currently, one EUL costs $1.3853.

You can buy Euler through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy EUL at $1.3853. Crypto ATMs also offer direct purchases.

To purchase EUL, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to EUL trading pair, enter purchase amount, and confirm your transaction. Store your EUL in a secure wallet for safekeeping.

Yes, Euler is a legitimate cryptocurrency operating on the Ethereum blockchain. It powers a permissionless lending protocol with strong security measures. Currently ranked #618 with a price of $1.3853, EUL has established credibility in the DeFi space through its transparent operations and growing adoption.

The current price of EUL is $1.3853. As of 2026-05-08, EUL ranks #618 with a 24-hour change of -0.03% and a trading volume of $36.62K. The market cap stands at $33.44M.

The future of Euler looks promising with its DeFi innovations. Currently ranked 618 with a price of $1.3853, EUL is expected to grow significantly by 2027 as it expands its lending and borrowing ecosystem. Its market cap of $33.44M shows strong potential for long-term value appreciation.

Based on market analysis, Euler price is predicted to reach $10-12 by 2027, potentially hitting $15-18 by 2028, and $20-25 by 2031 if market conditions remain favorable and development continues.

Euler is a decentralized lending protocol built on Ethereum that enables permissionless borrowing and lending of crypto assets. Currently ranked 618 with a price of $1.3853, it offers innovative risk management features and supports a wide range of tokens without requiring intermediaries.