Latest Euler (EUL) News Update

Deep Dive

1. @CoinbaseAssets: EUL listed on Coinbase (Bullish)

"Trading will begin on or after 9AM PT on 6 August 2025" – Official confirmation of EUL’s Coinbase listing with phased trading launch.
– @CoinbaseAssets (280K followers · 2.9K impressions · 2025-08-05 16:01 UTC)
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What this means: This is bullish for EUL because Tier-1 exchange listings typically increase liquidity and institutional exposure. Historical "Coinbase effect" data shows average 91% price surges post-listing for mid-cap tokens.

2. @OAK_Res: Q3 revenue up 90% (Bullish)

"La TVL d'Euler a grimpé de 33% au Q3... croissance de 90% sur ses revenus" – French research firm highlights 33% TVL growth and 90% revenue jump.
– @OAK_Res (17.6K followers · 4702 likes · 2025-10-22 16:32 UTC)
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What this means: This is bullish as revenue growth outpaces TVL expansion (90% vs 33%), suggesting improved protocol efficiency. Fee Flow mechanism converts 50% of revenue to EUL buybacks, creating deflationary pressure.

3. @KoinSaati: Bithumb KRW pairing (Mixed)

"Bithumb... EUL/KRW işlem çiftini ekleyecek" – Turkish crypto outlet reports 34% price surge after South Korea’s #2 exchange listing.
– @KoinSaati (34.3K followers · 740 likes · 2025-09-05 14:00 UTC)
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What this means: Mixed sentiment – while Korean exchange access boosts retail demand, EUL remains 20% below its July ATH ($15.81 vs current $13.02), suggesting profit-taking risks post-pump.

Conclusion

The consensus on Euler is cautiously bullish, driven by exchange momentum (Coinbase/Bithumb) and strong fundamentals (TVL $1.5B, Q3 revenue +90%), but tempered by -49% 90-day price decline. Watch the TVL-to-market-cap ratio (currently 16.5:1) – sustained protocol revenue growth could justify EUL’s $90M market cap if DeFi lending activity rebounds.

Deep Dive

1. DAO Treasury Migration (9 November 2025)

Overview:
Euler DAO moved its treasury to a new multisig address, separating asset management from governance execution. This reduces operational risks, as the previous setup combined fund custody and governance in a single address. The protocol’s TVL remained stable at ~$640M across Ethereum and Plasma post-announcement.

What this means:
This is neutral for EUL, as it prioritizes long-term risk management over immediate price catalysts. By isolating treasury functions, Euler reduces single points of failure—a prudent step amid sector-wide DeFi exploits. However, EUL’s price fell 30% weekly pre-migration, reflecting broader market distrust in governance tokens. (CoinMarketCap)

2. BlackRock’s sBUIDL Integration (7 November 2025)

Overview:
BlackRock’s tokenized treasury fund, sBUIDL, selected Euler for its first direct DeFi integration. Euler’s isolated vaults allow sBUIDL holders to collateralize positions without cross-protocol contamination.

What this means:
This is bullish for EUL, validating Euler’s institutional-grade architecture. sBUIDL’s $126B AUM could funnel meaningful TVL into Euler’s lending pools. However, EUL’s price hasn’t reacted yet (-7.3% 24h), likely due to delayed capital deployment and competing narratives around DeFi accountability. (DomOnChain)

3. Yala Liquidity Crisis Fallout (18 November 2025)

Overview:
Euler suspended YU lending markets after a wallet borrowed all available USDC, spiking utilization to 100% and crashing YU’s peg. Euler’s hard-coded 1:1 oracle prevented liquidations, but users questioned risk management.

What this means:
This is bearish for EUL short-term, exposing protocol dependencies on external stablecoins. While Euler’s collateral safeguards worked, the incident dented confidence in its vetting process for listed assets. EUL dropped 39.6% monthly, underperforming DeFi peers. (NullTX)

Conclusion

Euler balances institutional traction with DeFi’s systemic risks—its BlackRock nod contrasts with Yala’s collateral chaos. While treasury reforms and sBUIDL adoption hint at maturation, EUL’s 60% 90-day drop underscores DeFi’s fragility. Can Euler’s modular design outpace sector-wide trust deficits?

Deep Dive

1. XP Program Season 2 (Q1 2026)

Overview:
Season 1 of Euler’s XP initiative (September 2024–January 2025) rewarded liquidity providers and vault creators. Season 2, expected in Q1 2026, will introduce new user classes like borrowers and traders, with rules finalized 4 weeks before launch (Euler Blog).

What this means:
This is bullish for EUL as it could broaden participation and lock in more protocol activity. Risks include potential gaming of the system if rules aren’t rigorously enforced.

2. Synthetic USD Launch (Q1 2026)

Overview:
Euler plans to launch a synthetic USD product to complement its lending and DEX offerings, aiming to retain value within its ecosystem (Blockworks).

What this means:
Neutral-to-bullish. A native stablecoin could improve capital efficiency and reduce reliance on external assets, but adoption depends on collateral design and peg stability.

3. DAO Treasury Migration (Completed)

Overview:
In November 2025, Euler DAO migrated its treasury to a new multisig address to separate asset management from governance, reducing operational risks (Binance Square).

What this means:
Neutral. This strengthens institutional confidence but doesn’t directly impact tokenomics.

Conclusion

Euler’s roadmap balances user incentives (XP Program), product integration (synthetic USD), and governance maturity. While near-term catalysts like Season 2 could drive engagement, execution risks remain. How will Euler differentiate its stablecoin in a crowded market?

Deep Dive

1. V2 Core Components Released (May 2025)

Overview: Euler V2 introduced the Euler Vault Kit (EVK) and Ethereum Vault Connector (EVC), enabling developers to create permissionless, customizable lending/borrowing vaults.

The EVK allows builders to deploy isolated or pooled markets with adjustable LTV ratios, interest models, and collateral types. The EVC facilitates cross-vault interactions, letting users collateralize assets across multiple vaults in one transaction. The Price Oracle library provides immutable integrations for real-time asset pricing, critical for risk management.

What this means: This is bullish for EUL because it expands Euler’s use cases for tailored DeFi products (e.g., niche asset lending) while maintaining security via modular isolation. Developers can now build complex strategies without protocol-level bottlenecks.
(Source)

2. $1.25M Security Audit Launch (May 2025)

Overview: Euler initiated a $1.25M bug bounty via Cantina, targeting the EVK, EVC, and Price Oracle codebases – the largest audit pool in DeFi history.

The audit incentivizes white-hat hackers to stress-test Euler’s core infrastructure ahead of mainnet deployments. Over 45 prior audits and a $7.5M insurance fund already back the protocol.

What this means: This is neutral for EUL but reduces systemic risk. Rigorous auditing reinforces Euler’s reputation as a secure lending primitive, critical for attracting institutional liquidity like BlackRock’s sBUIDL integration.
(Source)

3. Base Network Integration (January 2025)

Overview: Euler v2 launched on Base, Coinbase’s Ethereum L2, leveraging low fees (~$0.01 per tx) and high throughput to onboard retail users.

The deployment includes governed vaults (adjustable parameters via DAO votes) and ungoverned vaults (immutable settings). It also integrates with Uniswap v4 hooks for combined swapping/lending actions.

What this means: This is bullish for EUL because Base’s growing ecosystem (Telegram integration, 10M+ users) could drive TVL growth. Lower fees make Euler accessible for smaller deposits, broadening its user base.
(Source)

Conclusion

Euler’s codebase evolution prioritizes modularity (EVK/EVC), security (audits), and accessibility (Base integration). These updates position it as a DeFi “Lego block” for composable lending strategies. How will cross-vault borrowing efficiencies impact EUL’s utility as governance token?