Euler (EUL) is the 51st undertaking to be featured on Binance HODLer Airdrops with a “Seed Tag” utilized. Customers who subscribed BNB to Easy Earn (Versatile and/or Locked) and/or On-Chain Yields merchandise from October 4, 2025, 00:00 (UTC) to October 6, 2025, 23:59 (UTC) can be eligible.
About Euler (EUL)
Euler (EUL) redefines decentralized finance with its modular lending structure, letting customers create tailor-made lending and borrowing markets for any ERC-20 token. It capabilities as a robust DeFi Tremendous App, actively unifying lending and buying and selling to supply customized markets and deep on-chain liquidity. Euler deliberately differentiates itself from earlier platforms like Aave and Compound by specializing in permitting anybody to listing belongings freely and guaranteeing thorough danger separation.
The protocol is constructed across the Euler V2 meta-lending protocol, which lets builders create very versatile borrowing and lending ERC-4626 vaults utilizing the Euler Vault Equipment (EVK). The Ethereum Vault Connector (EVC) actively hyperlinks these vaults. This characteristic permits deposits in a single vault to function collateral for loans in one other, a mechanism that drastically boosts capital effectivity and composability throughout the ecosystem.
Euler implements a classy Asset Classification System to handle danger, dividing belongings into three tiers: Isolation-tier belongings, Cross-tier belongings and Collateral-tier belongings.
Moreover, Euler enhances safety by utilizing Uniswap V3’s Time-Weighted Common Worth (TWAP) as its value supply, which offers a decentralized value feed that may be very arduous to govern. Whereas constructed on Ethereum, EUL ensures broad accessibility by deploying sensible contracts throughout BNB Good Chain, Base, and Arbitrum.
EUL Token Particulars
EUL is the native ERC-20 governance token powering the Euler ecosystem. Its utility focuses on decentralized management and price seize, guaranteeing group alignment and sustainable progress.
EUL holders actively govern the protocol, taking part immediately within the DAO’s decision-making course of. They use EUL to suggest and vote on crucial operational modifications, together with setting important danger parameters (like collateral elements) and figuring out new asset listings. Energetic participation ensures the protocol stays decentralized and adaptive to market circumstances.
The EUL token actively captures platform income by the distinctive Price Move mechanism. This method permits customers to bid EUL to say a share of protocol charges, which the system pays out in stablecoins. This course of creates steady deflationary stress on the EUL provide. Customers may stake EUL to take part in governance and obtain potential protocol price distributions.
The full and most provide for EUL stays mounted at 27,182,818 tokens. On the Binance itemizing, the circulating provide stands at 19,809,653 EUL, which represents roughly 72.87% of the whole genesis provide. This excessive preliminary circulating determine offers substantial liquidity from launch.
Supply: Binance
Binance HODLer Airdrops Program Particulars
To be eligible for the EUL airdrop, BNB holders should have had a steadiness in Easy Earn (Versatile/Locked) or On-Chain Yields merchandise. Eligibility was decided by historic snapshots taken between 2025-10-04 00:00 (UTC) and 2025-10-06 23:59 (UTC).
Whole Airdrop: 543,657 EUL (2% of whole provide) through the HODLer Airdrop.Advertising and marketing Allocation: 67,957 EUL initially, with 271,828 EUL reserved for future campaigns in six months.Arduous Cap: Any particular person BNB steadiness exceeding 4% of the pool common will solely be counted as much as the 4% restrict for reward calculation.Binance Itemizing Date: 2025-10-13 14:30 (UTC).Buying and selling Pairs: EUL/USDT, EUL/USDC, EUL/BNB, EUL/FDUSD, and EUL/TRY.
Be taught extra: DoubleZero (2Z) to Binance HODLer Airdrops
