EUL price holds $10 level as Euler hits $2b in total borrows
Euler price has dipped about 3% in the past 24 hours but holds above the key $10 mark as the decentralized finance protocol hits a milestone with over $2 billion in total borrows.
- Euler price dropped 3% as top altcoins pared gains amid Bitcoin’s dip after hitting the all-time high abov $126,000.
- Despite the decline, the token looked poised to hold above $10.
- Bulls’ show of resilience at the psychological level comes as Euler Labs hit over $2 billion in DeFi borrows.
Euler, a non-custodial lending protocol on Ethereum, saw its native token’s price jump to highs of $11 before paring the gains amid overall market retreat last week.
But as top coins pumped, the altcoin recovered from under $8.80 to retest the psychological level of $10. Euler price reached highs of $10.80 on October 7, 2025 before slightly paring the gains as Bitcoin dropped to below $122,000 and Ethereum gave up momentum from above $4,750.
Overbought conditions for EUL as well as profit taking across the broader crypto market means the token is currently hovering just above the critical support zone.
Euler price bullish as platform hits $2 billion in total borrows
The Euler Labs team dubs the Ethereum-based protocol as a DeFi superapp, and is making a name for itself with a notable $2 billion milestone in total borrows. Details shared on X show the platform has surpassed the $2 billion mark in cumulative borrows, with over $871 million of that on Ethereum.
Meanwhile, Euler has also notched $4 billion in total deposits. Of this supply, currently at over $4.18 billion, about $1.77 billion is on Ethereum. The growth signals significant adoption for the DeFi protocol, whose total value locked has climbed to an all-time high as revenue increased by nearly 100% in Q3, 2025.
Notably, one of the fastest protocols in this growth is Plasma, a stablecoin rails platform building the infrastructure for Money 2.0.
The recently launched layer-1 blockchain boasts over $5.5 billion in stablecoin supply and has integrated Chainlink to expand its growth. Plasma has seen over $1 billion in total deposits on Euler in under 10 days of its launch.
According to details the Euler Labs team shared, capital efficiency has utilization across the $4 billion in deposits at 48%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Update: Digitap ($TAP) Stands Strong Amid Crypto Slump with Practical Applications While Solana and Ethereum Falter
- Digitap ($TAP) defies crypto market slump with $2.2M presale and 96-hour Black Friday event offering hourly rewards. - Project combines DeFi/TradFi features like no-KYC Visa cards and zero-fee transfers, attracting retail/institutional investors. - $0.0326 presale price projects 329% gain on $0.14 listing, contrasting with Solana's 30% drop and Ethereum's $3K stagnation. - Analysts highlight Digitap's $8.8B TVL and real-world utility as key advantages over speculative large-cap altcoins.
Institutional Crypto Transition: Hayes Utilizes Blockchain Insights for Tactical Dip-Buying Strategies
- Arthur Hayes, ex-Bitfinex CEO, reversed his crypto strategy by buying discounted PENDLE tokens after selling a $7.4M Ethereum portfolio, using on-chain data to time market dips. - His move reflects institutional capital reallocating in volatile markets, leveraging wallet analytics to track whale behavior and predict liquidity shifts via tools like Gate's methodology. - Hayes' bullish stance on Monad's MON token ($10 price target) contrasts with regulatory tightening in the UK and South Korea, which may c
The Transformation of Webster, NY: Real Estate and Economic Growth Opening Up New Opportunities for Investors
- Webster , NY, is transforming into a high-growth industrial hub via $9.8M FAST NY grants and Xerox campus reorganization. - Infrastructure upgrades at a 300-acre brownfield site include road realignment and grid modernization to attract manufacturers and logistics firms. - A $650M fairlife® dairy facility (250 jobs) and rezoning plans highlight how infrastructure de-risks private investment in secondary markets. - Xerox's $1.8M road improvements and BOA program unlock mixed-use development, balancing ind
Bitcoin Leveraged Trading Dangers and the Latest Liquidation Spikes: An Examination of Systemic Instability and Investor Reactions
- 2025 late crypto turmoil exposed systemic risks in leveraged trading, with Bitcoin plummeting below $85,000 amid $1.7–2.0B in liquidations. - Extreme leverage platforms like Hyperliquid amplified volatility, as $36.7M single-position losses triggered cascading price declines. - Macroeconomic shocks (e.g., U.S. tariffs) and cross-asset contagion linked crypto to traditional markets, with Bitcoin ETFs losing $3.79B in outflows. - Divergent investor behavior—retail traders buying dips vs. mid-term sellers—h
Trending news
MoreCrypto prices
More
