People have asked me for an update on whether we are working with any of the teams behind any of the insolvent assets. We are not, but we are trying to. Despite multiple attempts to contact the Elixir, Stream, and StableLabs teams, we have not yet received a response and hope they will open lines of communication as soon as possible. If they are reading this, or if anyone can help us reach them, please get in touch. I want to stress that while Euler had no control over the recent events and has no control of the underlying curated markets, our team has been working around the clock to support users and curators in every way we can. We stand ready to provide the same level of assistance to the asset issuers to help facilitate recovery efforts, but they need to engage with us. Although some have reportedly been in touch with third parties and expressed a willingness to cooperate with Euler and Euler users, we have yet to hear from them directly despite repeated outreach across multiple channels. We want to help them do the right thing for affected users and minimise losses and damage as quickly as possible. We therefore urge @elixir, @StreamDefi, and @StablesLabs to get in touch without delay to begin the conversation.

The Euler DAO multi-sig setup will move soon to a new address as part of ongoing operational improvements. This follows recommendations from Euler Labs, reviewed by the Euler Foundation, to improve accounting and separation of concerns. Proposal: forum.euler.finance/t/euler-…

An update from Euler: 1. We’ve been providing technical support and guidance to curators with impacted vaults, to assist users. 2. Euler-DAO curated markets have no exposure to Stream, are fully isolated, and continue operating normally. Summary of this week's efforts below.

This is the right path forward. Expect to see it live on Euler too. Diverging views on risk are part of every credit system. Our goal will be to make that diversity even more transparent while giving users the freedom to express it permissionlessly.

Euler is going live on Monad Mainnet in:

With all the focus on risk exposure in lending markets lately, we wanted to share a bit from our work with Euler and how its modular architecture isolates risk by design. First things first: all Euler DAO markets across all chains, including Euler Prime and Euler Yield, have zero exposure to Stream assets either directly or indirectly. These core markets that most users interact with are completely unaffected. There is exposure to Stream assets in a few permissionless vaults. However those vaults are isolated islands within the protocol, not systemic risk to all Euler users. This is one of the core design principles of Euler v2. The Euler Vault Kit allows anyone to permissionlessly deploy entire lending markets and configure them however they like. Critically the EVK places guardrails such that risk decisions in one vault don't cascade across the protocol. Each vault operates as an independent lending facility with its own risk parameters and collateral types. What does this mean practically? If a vault accepts Stream assets as collateral and that collateral loses value, only lenders in that specific vault face exposure. Lenders in other Euler vaults have zero exposure because they're completely separate contracts. This is fundamentally different from monolithic lending models where all lenders share exposure to all accepted collateral types. In those systems, one bad collateral decision affects everyone. The core Euler markets continue operating normally because that's exactly how isolated vault architecture is supposed to work. No assets are "locked" at the protocol layer. The recent volatility across DeFi resulted in temporary utilisation spikes as users reassessed risk. In these cases, the mechanisms of interest rate models kick in: high utilization drives up borrow rates, incentivizing repayments and new supply, which naturally rebalances the market. We're already seeing this play out and utilization on key Euler vaults is normalizing. Lending protocols built on permissionless infrastructure accept a plurality of risk opinions -- some more conservative than others. Euler's infrastructure ensures risk stays contained. That's the tradeoff you must embrace when building truly open financial infrastructure.

Striking a balance is always tough. In credit markets there will always be different preferences for risk, reward, assets, rates, duration, collateral exposure, LTVs, oracle choices, and more. Different markets on Euler are isolated by design. The majority remain unaffected by the recent insolvency announcement from Stream, including DAO-curated markets such as Euler Prime and Euler Yield. If DeFi is to form the foundation of the future of finance, it needs modular credit-market infrastructure that allows people to express diverse views on risk and return. The Euler protocol provides non-custodial, permissionless infrastructure where independent curators can do exactly that, creating risk-isolated markets tailored to different user demands. Even in a simple collateral–debt pair, small parameter changes can shift risk and reward outcomes significantly. There are only trade-offs in building a market. Modular systems don’t promise to prevent risks, but they do help contain them.

.@eulerfinance, a non-custodial lending protocol with $3.2+ billion in TVL, is integrating Data Feeds to power highly secure markets on Monad. Accurate, tamper-proof data delivered by Data Feeds ensures accurate collateral valuations across assets in Euler’s lending markets.

zkVerified expands on @eulerfinance Borrow against BTC.b, wETH.e, sAVAX, wAVAX, sdeUSD Lend deUSD with @Elixir Competitive rates. Institutional-grade assets. Anonymous verification. All live on @avax Verified, not doxxed.

Euler won't stop until we make lending easier: • EulerEarn • In-app looping • Native asset wrapping • Real-time alerts for position risk • 1-click collateral or savings swap

“We call it embedded DeFi: a system where institutions use DeFi rails under the surface to make finance faster and more efficient.” — @euler_mab, Co founder and CEO, @eulerfinance 🐳 Said at our recent Deep Dive, during a session on bank protocol interoperability and liquidity. Michael’s intervention described embedded DeFi as a practical path for institutions to access permissionless liquidity while keeping existing front office workflows intact. Our Deep Dives are monthly in person sessions in Paris, London and Geneva where senior trading, treasury and product teams test market facing ideas. 🎟️ Join our next session about crypto derivatives on November 25 in Paris 🔗 luma.com/itup63a7?tk=DHYYHG

It's a gm to scale on @Plasma. Euler now powers Odyssey's aggregator with optimised stable strategies.

7/ @eulerfinance is another primitive that went live on @Plasma on D1: • $710M deposits | $359M borrows | $351M TVL • 50.6% util, with USDT0 & USDai >90% • Top assets: USDT0 ($376M supplied/$309M borrowed), USDai ($55M /$49M) • PTs live: syrupUSDT $43M, USDai $29M, USDe $7.7M

Happy new ATH in monthly revenue. More products launching soon. Euler.

New Curated Market on @eulerfinance! The PT $alUSD / $USDC market unlocks compelling looping opportunities to boost supply & adoption of @almanak! For this market, we're using a new IR Curve Model called Kinky for a better efficiency, Learn more 👀 👇

Euler has been featured by the @ethereumfndn. The future of institutional finance runs on Ethereum, programmable by Euler.

Season 1: 𝑒 is for Euler Yield Strata x @pendle_fi assets are now live on @eulerfinance. Borrow USDC, USDT and multiple stables against: ✦ PT-srUSDe-JAN15 ✦ PT-jrUSDe-JAN15 Maximize returns via @eulerfinance Strategies 🧵👇

🟣 Capital efficiency on Euler hits a new high — @eulerfinance Euler’s performance in Q3 2025 goes far beyond TVL and active loans growth. Between July and September 2025: ▫️ Protocol fees more than doubled (+110%) to reach $26M. ▫️ Net revenue jumped +90% to $1.83M. ▫️ While TVL increased +51% over the same period. Revenue growth has now outpaced TVL expansion, a clear sign of improved capital efficiency and a sustainable value capture model. 🔍 In short, each dollar of TVL is generating more revenue for Euler. Full report below 👇