Total Deposits
$1.0B
Total Borrowed
$726.4M
Pools
114
Chains
12
Avg APY
3.33%
Age
1.8 years
Audited
Yes
About Euler V2
Euler V2 is a lending protocol with $1.0B in total value locked across 114 pools on 12 chains. The protocol has been operational for 1.8 years. Euler V2 has been independently audited, with no recorded security incidents to date. Pools on Euler V2 offer an average APY of 3.33%, with yields varying by asset type and chain. Over the last 30 days, the protocol generated $2.3M in fees and $103.9K in revenue.
How Euler V2 Compares
Euler V2's TVL of $1.0B is 8.0x above the lending category average of $131.2M. Its average yield of 3.33% is below the category average of 4.43%. There are 579 protocols tracked in the lending category.
Security & Infrastructure
Oracle Provider
—
Audited
Yes
Open Source
—
Hacks
None
Total Hacked
—
Audit Reports
Fees & Revenue
Fees (7d)
$496.1K
Fees (30d)
$2.3M
Revenue (7d)
$15.2K
Revenue (30d)
$103.9K
Pools (0)
No pool data available.
View all pools in Explorer →On-Chain Lending Markets (2)
| Asset | Chain | Supply APY | Borrow APY | Utilization | Total Supplied | Total Borrowed | LTV |
|---|---|---|---|---|---|---|---|
| Ethereum | 0.00% | 0.00% | 0.0% | 78.1M$77.6M | —$0 | 0% | |
| Base | 0.00% | 0.00% | 0.0% | 16.6M$16.6M | —$0 | 0% |
Frequently Asked Questions
What is Euler V2?
Euler V2 is a lending protocol with $1.0B in total value locked. It operates 114 pools across 12 blockchains, including Arbitrum, Avalanche, BSC and others.
How much TVL does Euler V2 have?
Euler V2 currently has $1.0B in total value locked across 114 pools on 12 chains.
Is Euler V2 audited?
Yes, Euler V2 has been independently audited.
Has Euler V2 been hacked?
No, Euler V2 has no recorded security incidents in its history.
What is the average APY on Euler V2?
The average APY across all Euler V2 pools is 3.33%. Actual yields vary by pool, asset type, and market conditions.
What chains does Euler V2 support?
Euler V2 operates on 12 chains: Arbitrum, Avalanche, BSC, Base, Berachain, Ethereum, Hyperliquid L1, Linea, Monad, Plasma, Sonic, Unichain.
What is a Lending Protocol?
Lending protocols allow users to deposit assets and earn interest, while borrowers can take out loans by providing collateral. Interest rates are typically determined algorithmically based on supply and demand. Key risks include smart contract vulnerabilities, oracle failures, and liquidation cascades during high volatility.