Euler Finance Presentation on Euler Vault Kit

**VBILL**, the tokenized U.S. Treasury product from Securitize and VanEck, is now available as collateral in an Euler lending market curated by KPK. **Key developments:** - Euler's Securitize-compatible vault enforces eligibility and transfer rules directly onchain - Institutional investors can now use tokenized Treasury exposure as collateral for onchain lending - The integration brings market-specific controls to institutional DeFi This marks a step forward in bridging traditional finance assets with decentralized lending protocols, allowing compliant Treasury tokens to function within DeFi infrastructure.

Euler has launched HyperEVM support, bringing modular lending infrastructure to the Hyperliquid ecosystem. The integration offers composable collateral and configurable vault parameters. **Key developments:** - Euler is now managing HyperEVM market coverage directly, moving beyond the previous Mewler deployment by HypurrFi - Users and builders gain more direct access to borrowing and lending markets on HyperEVM - The platform's EVC (Ethereum Vault Connector) enables vaults to communicate and share collateral across multiple vault environments The modular coordination architecture positions Euler's infrastructure for future agent-based lending applications, as highlighted by Sentora's analysis of the v2 system.

Following the Resolv security incident involving unauthorized USR minting, Euler has provided an update on affected markets: **Current Status:** - Euler Yield market on Arbitrum remains paused with ~$500k USDC loans backed by RLP collateral - Resolv-related Frontier markets on Plasma paused with ~$50k in loans against USR collateral - Team awaiting guidance from Resolv on next steps **Precautionary Measures Taken:** - RLP disabled as collateral in Arbitrum Euler Yield vault - Euler Earn USDC on Arbitrum no longer allocates to Euler Yield **Expected Resolution:** Based on Resolv's commitment to honor pre-hack USR redemptions at 1:1, the Plasma market is expected to settle gradually over time. Euler continues monitoring the situation and will share updates as information becomes available.

Euler's Euler Vault Kit (EVK) introduces a flexible architecture allowing **multiple vaults for the same underlying asset** with different risk parameters. **Key Features:** - Curators can create both conservative and aggressive markets for identical tokens - Each vault operates in complete isolation from others - Vaults can accept other vaults as collateral through the Euler Vault Connector (EVC) **Benefits:** - Expanded asset options for borrowers - Increased liquidity across markets - Customizable risk profiles for different user preferences Users can explore vault relationships and connections at [explorer.euler.finance](http://explorer.euler.finance). This modular approach gives DeFi users more choice in how they interact with lending markets while maintaining security through vault isolation.

Securitize and Euler have launched structured, isolated lending markets that allow tokenized real-world asset funds to serve as collateral in DeFi protocols. **Key Development:** - Tokenized funds can now be used as collateral in onchain lending markets - The partnership creates isolated lending environments for regulated RWAs - Markets are curated by kpk_io **What This Means:** The integration addresses a gap in DeFi infrastructure by enabling regulated tokenized assets to participate in lending protocols while maintaining compliance requirements. Isolated markets reduce systemic risk by containing potential issues within specific asset pools. This builds on the broader trend of RWA-lending convergence, where tokenization brings traditional assets onchain and lending protocols make them functional for institutional use cases.