Euler Token Faces Minor Dip,Still Above $10 as DeFi Milestone Reached
Eulerâs token price has seen a 3% drop in the last 24 hours.However, it remains above the crucial $10 mark. This slight decline comes as the decentralized finance (DeFi) protocol celebrates a significant milestone: over $2 billion in total borrows.
Despite the recent dip, Eulerâs token shows resilience. It had previously reached highs of $11 but retreated slightly as the broader crypto market cooled down. The tokenâs ability to stay above $10 is a positive sign for investors.This stability is crucial as the market reacts to Bitcoinâs dip below $122,000.
Euler, a non-custodial lending platform on Ethereum, has seen its native token recover from under $8.80 to retest the $10 level. The protocolâs success is evident in its growing user base and financial activity. The platform has surpassed $2 billion in cumulative borrows, with $871 million on Ethereum alone.
Additionally, Euler has amassed $4 billion in total deposits. Of this, $1.77 billion is on Ethereum. This growth reflects the protocolâs increasing popularity. The total value locked in the platform has reached an all-time high, with revenue soaring by nearly 100% in Q3 2025.
One key factor behind this growth is the integration of Plasma, a stablecoin rails platform. Plasma has contributed over $1 billion in deposits on Euler within just 10 days of its launch. The platformâs capital efficiency stands at 48% across its $4 billion in deposits.
Key points include:
- Over $2 billion in total borrows.
- More than $4 billion in deposits.
- Revenue increased by almost 100% in Q3 2025.
Plasma, a stablecoin rails platform, has also played a role in this success. It has integrated Chainlink to boost its expansion. This integration has helped Plasma reach over $5.5 billion in stablecoin supply.
For more details,visit eulerâs official site for insights into its rapid adoption and future plans. The platformâs success highlights the potential of DeFi applications. As Euler continues to innovate, it solidifies its position as a leading DeFi superapp. The teamâs efforts are paying off, making Euler a top choice for crypto enthusiasts. The protocolâs total value locked has climbed, signaling strong adoption.As Euler Labs continues to innovate, itâs clear that the DeFi sector is thriving.Eulerâs achievements mark a significant step forward in the world of decentralized finance. The protocolâs progress is a testament to its robust infrastructure and user trust.