Euler Finance, a UK-based tech startup focused on building non-custodial protocols on Ethereum and other blockchains, has expressed a bold prediction regarding the potential impact of their updated version of EIP-4626. In a recent tweet, the company suggested that once traditional finance developers gain access to their updated protocol, it could lead to a significant disruption in the alternative Layer 1 blockchain ecosystem. Euler Finance anticipates this 'extinction event' to occur before the end of the year.
I鈥檓 thinking once TradFi devs get their hands on EIP-4626 or the updated version created by @eulerfinance, it鈥檚 game over for ALT L1. I鈥檓 thinking this extinction event 鈽勶笍 will happen before the end of the year.
Kraken Launches DeFi Earn with Euler Integration
**Kraken has launched DeFi Earn**, a new feature allowing users to earn yield directly through the exchange without leaving the platform. - Powered by Euler protocol integration - Uses Sentora vaults for yield allocation - Enables non-custodial earning opportunities within Kraken's interface The service bridges centralized exchange convenience with decentralized finance yields, letting users access Euler's lending markets through a familiar Kraken interface. [Learn more about DeFi Earn](https://www.kraken.com/defi-earn)
Euler CEO Outlines Vision to Become Internet's Credit Layer
Euler's CEO Jonathan Han has shared the company's strategic direction for 2026, positioning Euler as **the credit layer of the internet**. The UK-based protocol, which builds non-custodial solutions on Ethereum, continues to gain recognition in the institutional finance space. The Ethereum Foundation recently featured Euler, highlighting how **programmable institutional finance** is being built on Ethereum infrastructure. This announcement signals Euler's ambition to expand beyond traditional DeFi lending into broader credit infrastructure for the internet.
Arbitrum Partners with Euler Protocol
Arbitrum has announced a partnership with Euler, a mathematics-focused protocol building non-custodial solutions on Ethereum and other blockchains. This collaboration appears to be part of an ongoing relationship, with similar partnerships noted in recent months. **Key Details:** - Partnership between Layer 2 scaling solution Arbitrum and DeFi protocol Euler - Euler specializes in high-performance non-custodial protocols - Built using mathematical frameworks for enhanced security The partnership could strengthen Arbitrum's DeFi ecosystem by integrating Euler's lending and borrowing capabilities.
Euler Launches Borrow Incentives on Monad with 600K $MON Rewards
**Euler Finance** has activated borrow incentives on the Monad network, offering **600K $MON tokens** as rewards for borrowing USDC and AUSD. **Key Features:** - Borrow incentives complement existing deposit rewards - Available on USDC and AUSD markets - In-app looping support for leveraged strategies - Isolated vault architecture with local risk parameters This follows Euler's recent launch on Monad with 690K $MON incentives for deposits. The platform features **Euler-DAO governance** and risk management from Gauntlet and Objective. **Access:** [Borrow on Euler](https://app.euler.finance/borrow?network=monad&liquidity=%3E1000&sort=borrowApy-asc&debtAsset=0x754704bc059f8c67012fed69bc8a327a5aafb603,0x00000000efe302beaa2b3e6e1b18d08d69a9012a) *Start earning rewards on your borrowing activity.*
馃殌 New mHYPER & mAPOLLO Markets Launch on Euler with 100%+ APY
**MidasRWA launches two new frontier markets** on Euler protocol, offering significant earning opportunities for DeFi users. **Key highlights:** - mHYPER and mAPOLLO markets now live on Euler - **$30,000 in incentives** available for participants - Users can borrow against mHYPER, mAPOLLO, and their Pendle PT tokens - **Currently offering over 100% APY** on USDC lending **What this means:** This expansion builds on Euler's growing frontier market ecosystem, following recent launches with Asymmetry Finance. The high APY rates reflect strong demand and attractive incentive structures. **For users:** The integration allows leveraging tokenized real-world assets as collateral while earning substantial yields on USDC deposits. [Access the markets](https://app.euler.finance/?market=fr) to start earning.