With the Top-10 Defi-credit protocol Euler Finance, which reaches new all time high ratings, the Eul token rises directly alongside and reached a new all-time high price and market capitalization, July 10.
EUL is today at a fresh high of $ 15, which is more than 950% above the 2023 lows of $ 1.48, which was hacked shortly after the protocol was hacked, so that his TVL was sent to less than $ 100,000 at that time.
Nowadays, Eul is 20% higher than its previous highest highest height of $ 12.34 in September 2022, but market capitalization has risen by 200% from that period due to the token price that has risen in addition to its token avoidures. Current market capitalization is approaching $ 300 million.
Eul market capitalization. Source: Coingecko
The relocation is led by the parabolic rise of Euler in important statistics such as TVL, which is up to $ 1.18 billion, almost an increase of 30,000% since the repair in September 2024. This new album in TVL is also 265% higher than its pre-hack TVL high of $ 323 million in 2022.
Euler Finance is currently ranked as the ninth largest credit protocol by TVL, according to Defillama data.
TVL on Euler Finance. Source: Defillama
The protocol also saw its active loans rise above $ 1 billion at the end of last month, an increase of $ 24 million in Q4 2024.
Euler also launched a number of new activations in 2025, including a Stablecoin Lending Infrastructure, and his own Native Dex, Eulerswap. The total trade volume on Eulerswap has also broken more than $ 1 billion since the launch at the end of May, according to data from Token Terminal.
