Euler (EUL) is the 51st challenge 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) might 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 features as a robust DeFi Tremendous App, actively unifying lending and buying and selling to offer 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 Package (EVK). The Ethereum Vault Connector (EVC) actively hyperlinks these vaults. This function 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 worth supply, which offers a decentralized worth feed that may be very laborious to control. Whereas constructed on Ethereum, EUL ensures broad accessibility by deploying sensible contracts throughout BNB Sensible 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 development.
EUL holders actively govern the protocol, taking part straight within the DAO’s decision-making course of. They use EUL to suggest and vote on essential operational adjustments, 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 situations.
The EUL token actively captures platform income by the distinctive Charge Stream mechanism. This technique permits customers to bid EUL to assert 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 also stake EUL to take part in governance and obtain potential protocol price distributions.
The overall and most provide for EUL stays fastened 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 will need to have had a stability 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) by way of the HODLer Airdrop.
- Advertising Allocation: 67,957 EUL initially, with 271,828 EUL reserved for future campaigns in six months.
- Onerous Cap: Any particular person BNB stability 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
