# Euler Labs

> The Credit Layer For Programmable Finance

Euler Labs is a decentralized lending infrastructure developer. It builds modular vault systems and developer tools that let others create and operate customizable lending markets across multiple blockchains.

Euler Labs is a decentralized lending infrastructure developer. It builds modular software for onchain credit markets, providing the infrastructure and development tools used to create and operate lending products. Its work serves developers, risk managers, and users who want customizable borrowing and lending.

Conventional lending protocols fix their markets and collateral rules in advance, which limits which assets can be listed and how risk is managed. Euler Labs addresses this with a vault based design, in which each lending market is deployed as a separate vault carrying its own collateral settings, price oracle, and risk parameters. A coordination layer lets those vaults recognize one another, so a position can span several vaults while remaining under a single account check.

Its main product is the Euler lending protocol, which connects these vaults into isolated borrowing and lending markets and allocates deposits automatically across permitted strategies. The Euler Vault Kit and the Ethereum Vault Connector are published alongside it as developer components for building independent vault systems, and the protocol is deployed across multiple blockchains. It is used by lenders and borrowers, by curators who configure and manage markets, and by developers embedding credit functionality in their own applications.

- Type: Company
- Sector: DeFi
- Status: Active
- Founded: 2020-09-07
- Profile: https://thegrid.id/profiles/euler_labs

## Products

- [Euler Protocol](https://thegrid.id/profiles/euler_labs): Euler Protocol enables users to create custom lending markets through modular vault architecture. The protocol uses the Euler Vault Kit for permissionless vault deployment and the Ethereum Vault Connector for cross-collateral functionality across multiple vault types. (Decentralised Borrowing & Lending, Live, Main Product)
- [Euler Vault Kit](https://thegrid.id/profiles/euler_labs): Euler Vault Kit provides developers with tools to deploy ERC-4626 vaults without requiring permissions. The kit allows full control over governance settings, risk management parameters, asset pricing mechanisms, and interest rate models. (Developer Tooling, Live)
- [Ethereum Vault Connector](https://thegrid.id/profiles/euler_labs): Ethereum Vault Connector is a smart contract primitive that acts as the account and coordination layer for modular lending. It mediates operations that touch several vaults at once, holding a single account level solvency check so one position can draw on collateral spread across separate vaults. Builders use it as the entry point for composing multi step vault workflows without writing their own accounting layer. (Cross-chain Infrastructure, Live)
- [EulerSwap](https://thegrid.id/profiles/euler_labs): EulerSwap combines automated market making with lending infrastructure through Uniswap v4 hook integration. The platform allows liquidity providers to deposit assets into Euler vaults while earning swap fees and lending yields simultaneously. (Decentralised Exchange, In Development)
- [Euler V2](https://thegrid.id/profiles/euler_labs): Euler V2 is a modular lending platform built on the Euler Vault Kit and Ethereum Vault Connector, enabling permissionless deployment of custom lending vaults with isolated risk management and cross-vault collateralization. (Decentralised Borrowing & Lending, Live)

## Assets

- [Euler (EUL)](https://thegrid.id/profiles/euler_labs): EUL is the governance token of the Euler lending protocol. It is used for voting on protocol proposals and parameter changes, and it is the asset protocol fees are auctioned for before the proceeds return to the treasury. EUL has a fixed maximum supply of 27,182,818 tokens, a reference to the mathematical constant the protocol is named after. (Governance)

## Links

- [Main](https://www.euler.finance)
- [Documentation](https://docs.euler.finance)
- [Blog](https://www.euler.finance/blog)
- [Forum](https://forum.euler.finance)
- [Media Kit/branding](https://www.euler.finance/brand)
- [Whitepaper](https://docs.euler.finance/lite-paper)
- [Privacy policy](https://www.euler.finance/privacy-policy)
- [MICA Whitepaper](https://www.euler.finance/MICA-Whitepaper.pdf)
- [Terms of Service](https://www.euler.finance/terms)
- [Governance](https://snapshot.org/#/eulerdao.eth)
- [Twitter / X](https://x.com/eulerfinance)
- [GitHub](https://github.com/euler-xyz)
- [Discord](https://discord.com/invite/npb97q2xQc)
- [YouTube](https://www.youtube.com/@EulerFinance)
- [Telegram](https://t.me/eulerfinance_official)

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