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Reading: Euler’s $10+ Price Sparks Curiosity as Network Surges Past $2B Borrow Milestone
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Euler’s $10+ Price Sparks Curiosity as Network Surges Past $2B Borrow Milestone

Crypto
Last updated: October 7, 2025 8:09 pm
Crypto
Published October 7, 2025
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Euler’s $10+ Price Sparks Curiosity as Network Surges Past $2B Borrow Milestone

Euler Token Faces Minor Dip,Still Above $10 as DeFi Milestone Reached

Euler’s 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, Euler’s token shows resilience. It had previously reached highs of $11 but retreated slightly as the broader crypto market cooled down. The token’s ability to stay above $10 is a positive sign for investors.This stability is crucial as the market reacts to Bitcoin’s 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 protocol’s 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 protocol’s 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 platform’s 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 euler’s official site for insights into its rapid adoption and future plans. The platform’s success highlights the potential of DeFi applications. As Euler continues to innovate, it solidifies its position as a leading DeFi superapp. The team’s efforts are paying off, making Euler a top choice for crypto enthusiasts. The protocol’s total value locked has climbed, signaling strong adoption.As Euler Labs continues to innovate, it’s clear that the DeFi sector is thriving.Euler’s achievements mark a significant step forward in the world of decentralized finance. The protocol’s progress is a testament to its robust infrastructure and user trust.

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