cryptonist

DeFi protocols

Euler V2

Data as of 3 October 2026 · Official site

Euler V2 is a protocol DefiLlama files under Lending, deployed on 16 chains. On 3 October 2026 it held $347.6M in total value locked, down 5.5% over 30 days, placing it 97th of 225 protocols in this set. DefiLlama recorded $1.8M in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $3.6M at the start of the series, $347.6M at the end. $0 $1.0B $2.0B $3.0B $4.0B $5.0B Aug 24Mar 25Sept 25Mar 26Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol, 225 tracked: top 24, and Euler V2 at 97. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
97 Euler V2 $347.6M

See all 225 protocols

TVL by chain

TVL by chain, Euler V2, 3 October 2026. Source: DefiLlama.
ChainUSD
Monad $256.9M
Ethereum $53.7M
Base $17.9M
BOB $5.0M
Avalanche $4.6M
Hyperliquid L1 $2.2M
Unichain $2.1M
Plasma $2.0M
Binance $1.5M
Arbitrum $995K
Linea $330K
Sonic $275K
Berachain $159K
TAC $10K

Fees recorded by DefiLlama

Fees recorded by DefiLlama, Euler V2, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $58K
30 days $1.8M
1 year $46.7M

About Euler V2

Category: Lending. Deployed on 16 chains. Listed by DefiLlama on 2024-08-26.

Euler revolutionizes DeFi by letting any asset become collateral for a lending market. Lenders and borrowers get market leading risk-adjusted rates. Builders can create and manage markets exactly how they want them, with institutional-grade security. (DefiLlama's listing text.)

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.