Euler (EUL)

Explore the unique features of Euler, a cryptocurrency with a market capitalization of $130,906,684, a 24-hour trading volume of $522,400, and a circulating supply of 18,502,318 EUL. Ranked #253 by market cap, with price changes of -0.48% (1h), -2.32% (24h) and -13.21% (7d).

The ability to lend and borrow assets efficiently is a crucial feature of any financial system. In the world of traditional finance, this process is typically facilitated by trusted and permissioned third-parties such as banks, who connect people with a surplus of money to those who need access to it in the short term. In the world of decentralised finance (DeFi), trusted and permissioned third-parties are no longer needed; banks…