Euler launches a native wrapping mechanism

GateUser-f090498e · 2025-05-07T10:12:33+00:00

Euler platform introduces native ETH wrapping support, enabling users to interact directly within the protocol for deposit, withdrawal, borrowing, repayment, and position adjustments. Euler is a non-custodial lending protocol on Ethereum, offering innovative solutions in DeFi sector without third-party involvement.

GateUser-f090498e

2025-05-07 10:12:33

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The Euler platform has introduced native support for wrapping ETH. Now users can deposit, withdraw, borrow, repay, and increase positions — all directly within the protocol, without the need for third-party services.

Information about EUL

Euler is a non-custodial lending protocol built on Ethereum that is permissionless. This protocol allows users to earn income from their cryptocurrency assets or mitigate risks from market volatility without the need to involve a third party.

The Euler protocol represents a series of innovative solutions that have not been previously presented in the DeFi sector. These include permissionless lending markets, adaptive interest rates, collateralized loans, an MEV-resistant liquidation mechanism, multi-collateral stable pools, and much more.

EUL-1%

ETH0,55%

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