the Superchain

Superchain project Highlight: @euler 🍀

Euler is a modular lending and borrowing platform designed to adapt and grow with the evolving world of DeFi. For everyday users, Euler makes lending and borrowing simpler, more efficient, and more versatile.

In March 2023, Euler was hit by a major exploit that drained nearly $200 million from the protocol. Instead of folding, the team responded with focus and determination, recovering funds, rebuilding from the ground up, and steadily regaining user trust. That resilience paid off. Euler now secures over $975 million in total value locked.

Euler has not just recovered, they are thriving. They recently introduced EulerSwap, a new type of automated market maker built on top of @Uniswap v4 hooks. 

It can integrate with existing solvers and fillers, allowing for efficient routing and execution. EulerSwap turns every asset into productive capital. Each asset earns yield in lending vaults and can be used to fill swaps based on custom AMM curves. 

Every market is composed of a lending vault and an AMM. Market operators manage these markets, deciding the vault’s risk exposure and the shape of the AMM curve.

Unofficial HQ for everything Optimism and the Superchain Ecosystem.

Euler is now part of the SuperStacks campaign, an experimental pilot campaign designed to show how the Superchain can create a more connected onchain experience.  

Start earning SuperStacks XP by depositing into @euler's incentivized pools ↓
https://www.superchain.eco/opportunities

With Eulerswap, users will be able to create stableswap-style pools for correlated assets, traditional 50/50 pools for long-tail tokens, or delta-neutral pools for majors by dynamically hedging impermanent loss.

It also enables launchpad-style pools with asymmetric liquidity to support early token distribution and price discovery. In each case, assets earn lending yield while powering efficient swaps.

Euler’s mission is clear: create a truly modular DeFi ecosystem where anyone can lend, borrow, and build without limits.