Euler Token Price Dips Slightly but Stays Above $10 as DeFi Borrowing Soars
Euler’s token price has fallen by 3% in the last 24 hours. however, it remains above the crucial $10 level. This drop comes as the decentralized finance (DeFi) protocol celebrates a major achievement: over $2 billion in total borrows.
Despite the slight decline, Euler’s token shows strength. It’s a sign of resilience as the crypto market faces a general downturn. Bitcoin’s price drop to below $122,000 has affected altcoins, including Euler. Yet, the token is holding steady above $10. The protocol’s success is evident as it reaches a new borrowing milestone.
Euler, a non-custodial lending platform on Ethereum, saw it’s token peak at $11 recently. The fall is part of a broader market retreat.But Euler’s price has recovered from under $8.80 to retest the $10 mark. The Euler Labs team calls it a “DeFi superapp.” It’s making waves with over $2 billion in total borrows.
On X, the team announced surpassing the $2 billion borrowing mark. Over $871 million of this is on Ethereum. Euler also has $4 billion in deposits. Of this, $1.77 billion is on Ethereum. The growth shows strong adoption. The protocol’s total value locked is at an all-time high. Revenue increased by nearly 100% in Q3, 2025.
Plasma, a stablecoin platform, is a key player in this growth.It has over $5.5 billion in stablecoin supply.It integrated Chainlink to boost its growth. Plasma has seen over $1 billion in deposits on Euler in just 10 days. Capital efficiency is at 48% across $4 billion in deposits.
- Euler’s token price dipped 3% but stays above $10.
- The protocol hit $2 billion in borrows.
