Euler value has dipped about 3% up to now 24 hours however holds above the important thing $10 mark because the decentralized finance protocol hits a milestone with over $2 billion in whole borrows.
Abstract
- Euler value dropped 3% as high altcoins pared positive aspects amid Bitcoin’s dip after hitting the all-time excessive abov $126,000.
- Regardless of the decline, the token seemed poised to carry above $10.
- Bulls’ present of resilience on the psychological degree comes as Euler Labs hit over $2 billion in DeFi borrows.
Euler, a non-custodial lending protocol on Ethereum, noticed its native token’s value leap to highs of $11 earlier than paring the positive aspects amid total market retreat final week.
However as high cash pumped, the altcoin recovered from beneath $8.80 to retest the psychological degree of $10. Euler value reached highs of $10.80 on October 7, 2025 earlier than barely paring the positive aspects as Bitcoin dropped to under $122,000 and Ethereum gave up momentum from above $4,750.
Overbought circumstances for EUL in addition to revenue taking throughout the broader crypto market means the token is presently hovering simply above the important help zone.
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Euler value bullish as platform hits $2 billion in whole borrows
The Euler Labs crew dubs the Ethereum-based protocol as a DeFi superapp, and is making a reputation for itself with a notable $2 billion milestone in whole borrows. Particulars shared on X present the platform has surpassed the $2 billion mark in cumulative borrows, with over $871 million of that on Ethereum.
In the meantime, Euler has additionally notched $4 billion in whole deposits. Of this provide, presently at over $4.18 billion, about $1.77 billion is on Ethereum. The expansion alerts important adoption for the DeFi protocol, whose whole worth locked has climbed to an all-time excessive as income elevated by practically 100% in Q3, 2025.
Notably, one of many quickest protocols on this progress is Plasma, a stablecoin rails platform constructing the infrastructure for Cash 2.0.
The not too long ago launched layer-1 blockchain boasts over $5.5 billion in stablecoin provide and has built-in Chainlink to increase its progress. Plasma has seen over $1 billion in whole deposits on Euler in beneath 10 days of its launch.
In keeping with particulars the Euler Labs crew shared, capital effectivity has utilization throughout the $4 billion in deposits at 48%.
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