The Euler platform shares the story of its near-impossible recovery of funds
The Euler platform shares the story of its near-impossible recovery of funds
The Euler platform has recently shared the full story of how they managed to recover funds after the March 2023 exploit. The team responsible for this achievement has also been working diligently to introduce a more powerful and modular version of the Euler platform in 2024.
The Euler story is far from over. Today, we are sharing the full story of our near-impossible yet complete recovery of funds after the March 2023 exploit. The same remarkable team that achieved what many said was impossible in 2023, has been for the last several months
2023 was a year full of twists and turns (to put it politely) for the Euler community. I can’t think of a better way to say goodbye to it than by telling the story of how it played out. I warn you now, It’s a lengthy story. So strap in. See my War and Peace blog post below. It
EulerSwap Reaches $2B Trading Volume Milestone
EulerSwap, a decentralized exchange protocol, has achieved $2 billion in total trading volume within its first 9 weeks of operation. Key metrics: - Reached $230M volume in first 3 weeks (beta phase) - Scaled to $2B total volume in just 9 weeks - Maintains non-custodial trading architecture The protocol demonstrates significant growth trajectory since its beta launch in June 2025, showing consistent volume increase while preserving decentralized trading principles.
Strata Protocol Launches New Pendle PT Caps
Strata, an institutional-grade risk tranching protocol built on Ethena, has announced new capacity limits for its Pendle PT product. The protocol, which recently passed a Quantstamp audit, specializes in structured products for USDe and other Ethena-powered assets. - Protocol focuses on risk-optimized crypto-native returns - Initial caps were filled quickly before latest announcement - Full audit report available via [Quantstamp](https://certificate.quantstamp.com/full/strata-pre-deposit-vaults/aba0b96c-82bd-463d-860f-17bdb3958fcf/index.html) *Users interested in participating should act promptly given previous rapid cap fulfillment.*
Euler Launches First zkVerified Institutional Lending Vault
Euler has launched the first zkVerified lending vault on Avalanche, enabling institutional DeFi access with privacy and compliance. Key features: - $570,000 in launch incentives - Cryptographic verification via Keyring Network - Zero-knowledge proofs protect sensitive data - xUSDC collateral with yield strategies - Customizable lending parameters The Lending Super App allows institutions to deploy permissioned markets with full compliance controls. Users can earn rewards when lending USDC through the platform. Learn more: - [Keyring Integration](https://thedefiant.io/news/defi/keyring-brings-zero-knowledge-id-layer-to-defi-vaults-on-avalanche) - [Euler App](https://app.euler.finance/?market=keyring-avalanche&network=avalanche)
Euler Finance Token EUL Lists on Coinbase
The EUL token has expanded its exchange presence with a new listing on Coinbase, marking another major milestone for Euler Finance. This follows the token's recent listing on Gemini exchange in July 2025, increasing accessibility for institutional and retail traders. Key Points: - EUL now tradable on Coinbase - Follows successful Gemini listing - Expands token accessibility across major US exchanges
EulerSwap Deploys New UNI Incentives on USDC/USDT0 Pool
EulerSwap has enhanced its platform with new liquidity incentives: - 3,897 $UNI tokens deployed as incentives for USDC/USDT0 pool on Unichain - Follows previous successful incentive programs for USDC/ETH and wstETH/ETH pools - Users can participate by: 1. Depositing eligible assets on Euler (Unichain) 2. Creating LP position through the platform Access the liquidity pools at [EulerSwap Pools](https://app.euler.finance/swap/pools?network=unichain&tab=lp) *Note: This update continues EulerSwap's beta rollout phase*