EUL (Euler) rose 7.75% in the last 24 hours

Gate News Bot News, on September 17, according to CoinMarketCap data, as of the time of writing, EUL (Euler) is currently priced at $10.16, with a rise of 7.75% in the last 24 hours, reaching a high of $10.17 and a low of $8.94. The 24-hour volume has reached $5.65 million. The current market capitalization is approximately $202 million, an increase of $14.5 million compared to yesterday.

Euler is a super lending application that allows users to borrow and swap without restrictions. The platform offers exceptional capital efficiency, supporting the use of any asset as collateral, and allows users to adjust risk levels through multiple parameters. Euler also allows users to create and customize their own vaults and deploy their lending protocols and markets within minutes. The platform is developing seamless exchange features for tokens and vaults. Euler is designed for DeFi developers, providing the Euler Vault Kit (EVK) for creating custom lending vaults and the Ethereum Vault Connector (EVC), which allows vaults to be used as collateral for other vaults.

Recent important news about EUL:

1️⃣ The listing of major South Korean cryptocurrency exchanges drives price rise South Korea's major cryptocurrency exchanges recently announced the listing of Euler Token (EUL), which has led to a significant rise in the price of EUL. As a well-known trading platform, this listing decision has brought more liquidity and trading opportunities to EUL, attracting the attention of a large number of investors.

2️⃣ DeFi Lending Platform Features Continuously Optimized Euler, as a decentralized lending platform, is attracting more and more users with its unique features. The platform supports using any asset as collateral and allows users to flexibly adjust risk parameters. This highly customized lending service meets the needs of different users, promoting the platform's continuous development and the rise in token value.

3️⃣ Developer Tool Suite Boosts Ecosystem Expansion The Euler Vault Kit (EVK) and Ethereum Vault Connector (EVC) provided by Euler for DeFi developers are facilitating the expansion of its ecosystem. These tools enable developers to quickly create and deploy custom lending vaults, enhancing Euler's competitiveness in the DeFi space and are expected to attract more projects to integrate, thereby increasing the utility and demand for EUL.

From a technical perspective, EUL has maintained its upward momentum after breaking through the 10-dollar mark, but it may face some short-term correction pressure. However, with the continuous introduction of new features and the expansion of the ecosystem, the long-term development prospects of EUL are still worth paying attention to.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.