$EUL has a growing flywheel:
- Euler V2 promises to become the best modular lending platform in web3 by building a new primitive called "vault clusters," which allows existing vaults to be used as collateral in new vaults to bootstrap capital.
- @eulerfinance has a better design compared to its peers, Aave and Morpho, especially in the context of solving the liquidity fragmentation problem in DeFi.
- Euler Finance is making a great comeback after the unfortunate hack of V1 last year. They've recorded 163% growth in TVL over the past two months, with TVL currently around $143M.
- Total supplied assets on Euler V2 have also increased from $83M to $234M — approximately 300% growth.
Disclaimer: Euler Finance has been hacked in the past, so you need to be aware of that detail before deciding to act on anything I've shared in this post. Also, this is not financial advice, so please do your own research.

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Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.