Euler Takes Direct Control of HyperEVM Lending Markets
Euler Takes Direct Control of HyperEVM Lending Markets
🏠 Euler goes direct
Euler is consolidating its presence on Hyperliquid by bringing HyperEVM market coverage in-house. Previously, @HypurrFi provided lending markets to Hyperliquid through Mewler, a licensed Euler deployment.
Key Changes:
- Direct integration replaces third-party deployment
- Euler users, curators, and builders gain more direct access to HyperEVM borrowing and lending markets
- Streamlined path for market participants on Hyperliquid
This move builds on Euler v2's modular architecture, which uses the Ethereum Vault Connector (EVC) to enable vaults to communicate and share collateral across multiple environments.
Euler is bringing HyperEVM market coverage in-house. @HypurrFi brought lending markets to Hyperliquid through Mewler, a licensed Euler deployment. Now Euler users, curators, and builders get a more direct path to HyperEVM borrowing and lending markets. Hyperliquid.
x.com/i/article/2055…
“Euler is the operating system.” Sentora highlights how Euler v2’s EVC lets vaults communicate and share collateral across a multi-vault environment. This modular coordination makes Euler infrastructure well-positioned for an agent-ready lending future.
💡New report: vaults operate at the speed of the block. Humans operate at the speed of a chat. The next stage of vault curation will be AI-driven: agents that monitor risk, route liquidity, and adjust parameters block by block. @jrdothoughts explains👇 sentora.com/research/repor…
🔐 Euler Completes rsETH Attack Recovery
**Euler has successfully resolved the KelpDAO rsETH attack aftermath**, restoring its Prime market to full health with zero bad debt. **Recovery breakdown:** - 751.27 ETH withdrawn from seized rsETH collateral - Attacker's debts fully repaid: 0.99 WETH + 197.54 WETH direct repayment - 409.35 WETH swapped to WBTC for debt settlement - 143.39 WETH transferred to DeFi United **Next steps:** The market will transfer to K3 for active curation per DAO proposal. No user positions were affected during the liquidation process.
🔗 Euler Integrates CoW Protocol for Better Swap Execution
**CoW Protocol solver execution is now live in Euler**, improving execution for borrowers' cross-asset position actions. **Key features:** - Enhanced execution path for multiply positions, collateral swaps, and debt repayments - Solvers compete to find better execution prices - Automatic position updates by Euler **Why it matters:** Most lending actions involve swaps - borrowing one asset, swapping for another, and supplying as collateral, or selling collateral to repay debt. Poor swap execution directly impacts outcomes. This integration routes swaps through CoW Protocol's competitive solver network for improved results.
Euler Updates on Resolv Security Incident Exposure
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 EVK Enables Multiple Isolated Vaults Per Asset
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.