$EUL is experiencing a significant price pump driven by a powerful combination of surging protocol fundamentals and renewed market confidence. The primary catalyst is the explosive growth of the Euler V2 protocol, with data from Messari showing Total Value Locked (TVL) has skyrocketed by over 575% to $671 million, while active loans have surged past $231 million . This growth is fueled by the protocol's successful multi-chain expansion onto high-performance networks like Base, Sonic, Berachain, and Avalanche, which is attracting fresh liquidity and users . Adding to the bullish momentum, the protocol is offering massive yield opportunities, with some stablecoin pools advertising annualized returns as high as 54%, drawing in yield farmers and creating significant buying pressure . Furthermore, strategic moves like staking over 1,000 ETH with partners such as EXMO are bridging CeFi and DeFi, while new product developments like the anticipated synthetic USD and the integration of RedStone oracles for advanced collateral types are building a strong narrative for sustained utility and demand .
EULUSDT
Perp
1.05
+2.04%