Euler Protocol, a decentralized finance (DeFi) platform built on the Ethereum (ETH) blockchain, has launched EulerSwap. According to the announcement, this new decentralized exchange (DEX) combines automated market-making (AMM) with strong lending features. This integration aims to provide a more efficient and flexible DeFi experience, making EulerSwap different from traditional DEX models. EulerSwap Brings Lots of Benefits to the Protocol EulerSwap’s launch will enable users to use their capital and create new opportunities for DeFi strategies. Euler claims this combined approach gives users better prices, deeper liquidity, and easier connections between trading and lending. Meanwhile, the DeFi protocol has completed five thorough audits. The team is focused on keeping users’ funds safe and ensuring the system functions well. The platform also started a bug bounty program in January. This program invites ethical hackers and developers to find and report any potential issues before the platform goes live. Furthermore, Euler Protocol is organizing a $500,000 capture-the-flag (CTF) competition to strengthen its system. This event will invite security researchers to test EulerSwap in a real-world setting. Euler believes this competition will be a final test of its infrastructure. However, the platform has invited developers to join a $50,000 contest to build on the new protocol. What the Euler Protocol Represents The Euler Protocol is a non-custodial lending protocol built on Ethereum and other EVM-compatible networks. According to the company, it intends to offer various financial services, such as borrowing and lending, yield farming, and decentralized trade, in a permissionless and trustworthy way. A key feature of the protocol is its governance system, which allows token holders to participate in decision-making and propose new changes. This ensures the platform evolves in a way that is responsive to its users’ needs and preferences. Ultimately, Euler Protocol seeks to provide a comprehensive DeFi platform that is user-friendly, secure, and community-driven. DeFi Sees Rising Institutional Interest While Sui is one of the newest layer-1 blockchains to enter the market, its lending protocol is already boosting the adoption of DeFi . Likewise, institutional investors are increasingly doubling their crypto ambitions , with 83% planning to boost their digital asset holdings in 2025. Also, decentralized finance platforms are gaining traction. Although over 28% of institutions use DeFi, the report predicts this figure will triple to nearly 85% within the next two years. Institutions cited staking, derivatives, and lending as their primary use cases, followed by cross-border settlements, yield farming, and altcoin access. The post Euler Protocol Launches New DEX Exchange, EulerSwap appeared first on TheCoinrise.com .
