Euler's native token, EUL, has maintained its position above the $10 mark despite a 3% dip in the last 24 hours. The decentralized finance protocol has achieved a significant milestone, surpassing $2 billion in total borrows, with $871 million on Ethereum. Additionally, Euler boasts $4 billion in total deposits, including $1.77 billion on Ethereum.
The protocol's total value locked has reached an all-time high, and its revenue nearly doubled in Q3 2025. A key driver of this growth is Plasma, a stablecoin rails platform integrated with Chainlink, which contributed over $1 billion in deposits to Euler within just 10 days of its launch.
Euler Protocol Surpasses $2 Billion in Total Borrows, EUL Holds Above $10
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