For institutions, public wallet activity can expose strategy, position size, and rebalancing decisions. Unlink brings a privacy layer to Euler vault transactions, reducing the public link between an institution’s wallet and how it uses onchain credit markets.

We’re partnering with @eulerfinance to bring privacy to DeFi. With Unlink, Euler will become the first major lending protocol where institutions can access public markets without broadcasting their size, strategy, or positions.

Alchemix is using Euler's modular vaults to power their MYT yield architecture. Each vault carries its own collateral, oracle, and cap configuration, so exposure stays scoped to the markets the MYT is allocated to.

Euler Base TVL has grown by more than 300% in the last two weeks. Higher.

Clearstar’s new curated market with @noon_capital sUSN is now live on @eulerfinance Depositors are earning upwards of 15% APY with USDC rewards via @merkl_xyz

STEY brings supported Ondo tokenized equities into Euler lending markets as collateral for PYUSD borrowing. Euler’s modular architecture gives market builders vault-level control over risk parameters, while the EVC keeps collateral composable across connected markets.

Pretty cool to see Cyclical Rates finally go live. I came up with the original mechanism during my time at Euler as a way to bridge the gap between variable-rate lending and fixed-term credit. Instead of fixed maturities, Cyclical Rates use recurring repayment windows that repeat forever. Borrowers get a predictable rate for most of the cycle, but face sharply higher rates during the repayment window, creating a strong incentive to refinance or repay. The result is a perpetual fixed-rate lending market: borrowers get rate certainty, lenders get structured liquidity events, and positions remain fungible and composable onchain. As far as I'm aware, there isn't really a traditional finance analogue. It's a genuinely crypto-native lending primitive that only works because smart contracts can coordinate these recurring incentive cycles automatically. Very cool to see the team take it from concept to production.

🌳 A Milestone for DeFi Fixed Income DeFi just got its first benchmark-anchored fixed rate market. Curated by @kpk_io, the new ETH markets on @eulerfinance set borrow rates each cycle from TESR, Treehouse's on-chain benchmark for staking yields. 🧵👇 treehouse.finance/blog/tesr-…

KPK ETH Yield Term is live on Euler. The @kpk_io curated Earn vault allocates WETH into lending markets, with monthly rate cycles anchored to @TreehouseFi TESR 30D. Term-style ETH lending, built on Euler primitives.

🏦👥 @eulerfinance's expansion into tokenized assets is driving user growth. Daily active users increased by ~200% after @Securitize's VBILL became available as collateral. A chart to watch 👇

Tokenize the World (on @eulerfinance).

A new path for tokenized securities in DeFi lending. Assets like VBILL and STAC can now be used as collateral on Euler, with required transfer and eligibility checks enforced at the vault level. Read more about the Securitize-compatible market design.

That’s the endgame for tokenization Tokenized U.S. Treasuries by @vaneck_us can now be used as onchain collateral on @eulerfinance. The $VBILL fund is tokenized by @Securitize, has $63M in AUM, and now allows TradFi investors to unlock liquidity on their T-bills by borrowing stablecoins in 1-click and at ultra-low rates. DeFi composability is one of the main advantages of bringing offchain assets onto blockchains, and this is the future of crypto. Tokenize everything.

Euler is leading the shift from institutional tokenized issuance to collateral utility. The Euler Vault Kit now facilitates lending markets that can apply eligibility rules, transfer controls, and market-specific risk parameters onchain. Read more from @CoinDesk coindesk.com/business/2026/0…