Protocol details
- Yield source
- Borrower interest in modular lending vaults. Euler v2 allows permissionless vault creation with custom risk parameters.
- Auditors
- Omniscia, Zellic, Certora
- Governance
- EUL token holders (DAO)
- Launched
- 2024
- Key risk factors
- V1 was exploited ($197M, later recovered)
- Modular risk from custom vaults