Euler Protocol Hits Major Milestone on Sonic Chain
Euler Protocol Hits Major Milestone on Sonic Chain
馃殌 Sonic Breaks Sound Barrier
Euler Protocol's deployment on @SonicLabs has achieved remarkable growth metrics:
- First chain in Euler's multichain rollout to surpass $100M in deposits
- Growth trajectory continues to accelerate
- Team presenting details at Sonic Summit in Austria
The rapid adoption on Sonic demonstrates strong market validation for Euler's cross-chain expansion strategy. This milestone comes as part of Euler's broader multichain deployment initiative.
Gm @SonicLabs' Summit 馃嚘馃嚬 Euler鈥檚 launch on Sonic felt fast from day 1. So fast, it became the first chain to hit 9 figures in our multichain rollout. Chatting all about it on stage soon.
UI Updates and Feature Enhancements
Recent development updates bring significant UI improvements and new features: - **Native wrapping** functionality added - New **In savings toggle** implementation - Detailed **Intrinsic APYs breakdown** - **Cross-vault transfers** for collateral/savings These additions complement last month's comprehensive UI revamp, which included: - Redesigned wallet information section - Auto-calculated APR for liquidity provision - Modern interface for Swap and Aggregator - Enhanced farming pool features - Improved calculator functionality Development team continues to focus on user experience and protocol efficiency.
Euler on BOB Hits $50M in Deposits
Euler Finance has reached a significant milestone on the Build on BOB network with $50M in deposits. The platform enables Bitcoin DeFi functionality, allowing users to lend and borrow assets. Key updates: - Weekly Spice rewards now distributed to lenders - Previous lenders received est. 5B+ Spice retroactively - Platform focuses on expanding Bitcoin DeFi capabilities Users can explore lending opportunities at [Euler Finance](https://app.euler.finance/?sorting=supplyApy-desc&network=bob)
bEuler Launches Boyco Support with Enhanced Rewards and Flexible Farming
bEuler has launched support for the Boyco rollover with significant incentives: - rEUL rewards available on 5 key assets - Triple-digit Return on Equity (ROE) opportunities - In-app looping functionality - No lockup period required - Flexible position management **Supported Assets:** - $NECT - $HONEY - $USDC - $wBERA - $srUSD All features are currently live on Berachain with enhanced APYs ready for rollovers. [Explore bEuler](https://app.euler.finance/?sorting=supplyApy-desc&asset=NECT%2CsrUSD%2CUSDC.e%2CWBERA%2CHONEY&network=berachain)
Euler Finance Expands with New Incentives and Multi-Chain Growth
Euler Finance announces **$300,000 in new supply incentives** for major assets including USDC, USDT, USDE, WETH, WBTC, and CBBTC, offering above-market yields through Euler Prime and Euler Yield platforms. April 2025 highlights: - Total deposits reached $1.5B - UI underwent major revamp - Secured 500K $OP grant - Wintermute investment - Expanded to BNB and Avalanche chains Avalanche deployment success: - Hit $200M deposits in 3 weeks - Additional $200,000 AVAX rewards - New markets with K3 Capital [Explore Euler Finance](https://app.euler.finance/?network=ethereum)