EulerEUL
Overview
What is Euler?
Euler is a non-custodial lending protocol built on Ethereum. Euler was founded by Michael Bentley, Doug Hoyte & Jack Prior and launched in 2021.
How does Euler work?
Lenders deposit funds into Euler and receive interest payments from borrowers (supply-side fees).
Who governs Euler?
EUL tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue). Euler’s investors include Paradigm, Lemniscap, Launchhub Ventures, etc.
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.