1. Fundamental Analysis

1.1 Introduce

Euler is a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party. Euler features a number of innovations not seen before in DeFi, including permissionless lending markets, reactive interest rates, protected collateral, MEV-resistant liquidations, multi-collateral stability pools, sub-accounts, risk-adjusted loans, and much more.

1.2 Basic Info

NameValueNameValue
SymbolEULMarket Cap94417831.5
NameEulerWhite Paper--
Web Sitehttps://www.euler.finance/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total27182818
Supply27182818Release Date2022-06-24
Available Supply18685500

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis suggests a potential trend reversal or consolidation phase. The market has been oscillating within a wider range, with recent sessions showing a slight upward trend in the closing prices. The volume has been fluctuating, indicating periods of increased interest followed by periods of lower activity. Future movement is likely to be influenced by the continuation of this trend reversal or the onset of a new phase of consolidation.