{
  "url": "https://blockindex.ai/coin/eul",
  "name": "Euler",
  "links": {
    "github": null,
    "website": "https://euler.finance/",
    "whitepaper": null
  },
  "dScore": 26,
  "market": {
    "priceUsd": 0.9951288900322466,
    "marketCapUsd": 23768888.831519365,
    "volume24hUsd": 4144717.22503622,
    "priceChange7dPct": 10.25519976,
    "priceChange24hPct": -8.86173282
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 27182818.28459045,
    "circulating": 23885236.44484801,
    "circulatingPct": 87.86887435578454
  },
  "ticker": "EUL",
  "founder": "Michael Bentley, Jack Prior",
  "vcFunded": true,
  "updatedAt": "2026-06-19T12:00:26.127463+00:00",
  "fairLaunch": true,
  "launchYear": 2022,
  "description": "Euler (EUL) is a sophisticated and modular lending platform that operates on the Ethereum blockchain, designed to transform the decentralized finance (DeFi) landscape through its unique architectural framework and permissionless structure. The Euler platform features products like the Euler Vault Kit and the Ethereum Vault Connector, which allow users to create customized lending markets without central approval. This framework facilitates a versatile financial ecosystem where users can lend and borrow a diverse range of crypto assets, enabling leverage without disposition. With its single asset lending capability, Euler offers users enhanced control and flexibility compared to traditional multi-asset DeFi protocols. Moreover, Euler employs on-chain pricing systems to provide reliable asset valuations, which are essential for maintaining transaction integrity within lending activities. Euler leverages Ethereum's robust infrastructure to secure its operations and deliver extensive interoperability with decentralized applications, promoting an open financial environment accessible to all. Community governance is ingrained in the Euler platform, giving token holders influence over the platform’s developmental direction, further securing its position in the DeFi sector as a key player.\n\nThe Euler token economy is characterized by an ERC-20 standard with an approximate current supply of 24,077,542 EUL and around 88.58% circulating. Its market activities include a noted price of $3.97 and a significant market cap of $74.13M, reflecting its impactful market presence. The notable resilience of Euler was tested during a significant exploit in March 2023, where $200 million was lost. However, the platform successfully relaunched with enhanced security measures, underscoring its commitment to maintaining a secure and reliable protocol. Euler continued to innovate by launching Version 2 in Q2 2024, introducing substantial enhancements, and with an anticipated integration of RedStone's Dynamic PT Oracle in November 2025, promising even greater security advancements. Euler remains committed to scaling its financial ecosystem while expanding community governance and asset support. As Euler progresses, it steadfastly maintains its strategic focus on decentralized and permissionless lending protocols, ensuring it remains a dynamic component of Ethereum’s DeFi innovations.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Smart Contract",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 6,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}